Facilitating work between Land Owner and Developer
A renowned real estate and property developer in Udupi- V4 Developers were facing a big dilemma when land owners approached them to sell their land for development projects. In practice, the scope of the DEVELOPER is to undertake the development as per rules and regulations, and the OWNER is responsible in applying for necessary sanctions and permissions, approvals to the authorities concerned as may be necessary or required for ensuring the due execution of the proposed project. Since the LAND OWNERS were usually coming from different background with limited knowledge of the ways of property development, the scale of paper work and documentation seemed a time consuming and difficult task, resulting in some discrepancies thereby directly impacting the schedule of project completion. Continue reading