Professional Drafting, Vetting & Registration Services by Advocate Ketan Palshikar Pune
A Development Agreement is one of the most crucial documents in real estate transactions. It forms the legal foundation of the relationship between a landowner and a developer or builder, defining rights, obligations, and profit-sharing arrangements.
At Advocate Ketan Palshikar Pune, we specialize in drafting, vetting, and registration of Development Agreements to ensure that your interests — whether as a landowner or developer — are fully protected under law. With years of expertise in property and conveyancing law, our office provides legally sound and practically effective documentation solutions in Pune and surrounding areas.
What is a Development Agreement?
A Development Agreement is a legal contract executed between the landowner and a developer, wherein the landowner permits the developer to construct a building or project on the land, in exchange for an agreed consideration — usually in the form of flats, a share in constructed area, or monetary payment.
The agreement clearly defines rights, liabilities, time limits, and obligations of both parties, ensuring that the development process is transparent and enforceable.
Importance of a Legally Sound Development Agreement
A Development Agreement is the heart of every redevelopment or joint venture project. Any ambiguity or omission in the agreement can lead to serious disputes between the landowner and developer later.
Common issues include:
- Delay in construction or possession
- Non-payment of consideration
- Unauthorized changes in layout or plans
- Violation of FSI or municipal approvals
- Breach of developer’s obligations
A properly drafted agreement by an experienced property lawyer in Pune helps prevent these complications and safeguards your ownership and financial interests.
Key Legal Provisions
A Development Agreement is governed by several important laws, including:
- Transfer of Property Act, 1882
- Indian Contract Act, 1872
- Registration Act, 1908
- Maharashtra Ownership Flats Act (MOFA), 1963
- Real Estate (Regulation and Development) Act (RERA), 2016
- Stamp Act and Registration Rules (Maharashtra)
Each of these legislations plays a significant role in determining the validity, enforceability, and registration requirements of a Development Agreement.
Our Legal Services for Development Agreements
At Advocate Ketan Palshikar Pune, we offer comprehensive legal services relating to Development Agreements:
- Legal Consultation and Drafting Advice
Understanding your project, ownership rights, and preparing a customized development agreement that suits your specific needs. - Drafting and Vetting of Development Agreements
Preparing a detailed, error-free, and legally binding document that clearly outlines terms like consideration, timelines, approvals, FSI utilization, possession, and default clauses. - Title and Ownership Verification
Conducting a thorough title search and issuing a Title Certificate or Search Report to confirm clear and marketable ownership before development begins. - RERA and Compliance Advisory
Guiding both developers and landowners on compliance with RERA, MOFA, and PMC rules to ensure the project is legally sound. - Registration Assistance
Complete assistance with stamp duty calculation, document execution, and registration before the Sub-Registrar’s Office in Pune. - Dispute Resolution and Legal Remedies
Representing clients in case of breach, delay, or non-performance under the agreement — including notices, recovery proceedings, and litigation if necessary.
Stamp Duty and Registration
Stamp duty on a Development Agreement in Maharashtra is typically calculated on the market value of the land or the consideration amount, whichever is higher. Registration of the agreement is mandatory to make it legally valid.
Our office provides guidance to ensure correct stamp duty payment and smooth registration with the Sub-Registrar Office in Pune, avoiding penalties or rejection.
Why Choose Advocate Ketan Palshikar Pune
- Specialized in Property & Conveyancing Law
Years of hands-on experience in drafting and registering property documents, including Development, Sale, and Power of Attorney agreements. - Legally Accurate & Balanced Drafts
Our documents are structured to protect both parties’ rights — ensuring fairness, clarity, and legal enforceability. - Practical & Transparent Advice
We explain each clause in simple language so that our clients fully understand their obligations and rights. - End-to-End Legal Support
From the first consultation to registration and dispute resolution — we manage the entire legal process efficiently. - Trusted by Developers and Landowners Alike
Our reputation for professionalism and integrity makes us a preferred legal partner for several leading developers and property owners in Pune.
Areas We Serve
We provide Development Agreement legal services across Pune, including Kothrud, Erandwane, Baner, Aundh, Bavdhan, Camp, Deccan, Pimpri-Chinchwad, and nearby regions.
Contact Advocate Ketan Palshikar Pune
If you are a landowner planning to develop your property or a developer seeking to enter into a joint venture, we can assist you with a legally perfect Development Agreement that safeguards your interests.
Advocate Ketan Palshikar Pune — Expert Legal Services for Development Agreement Drafting, Vetting & Registration in Pune.