Fox Mandal & Associates advises landowners on revenue-sharing joint development with Puravankara in East Bengaluru
Fox Mandal & Associates advised on the structuring, negotiation and documentation of a revenue-sharing joint development transaction between landowners and Puravankara Limited for a residential apartment project in East Bengaluru. The transaction structure involved a JDA rather than outright land sale, reflecting market preference for capital-light acquisition methods. Puravankara announced multiple such transactions in East Bengaluru's emerging micro-markets (Balagere, Mandur-Budigere, Sarjapur) through 2025–26, all structured under JDA frameworks with estimated GDVs ranging from ₹1,000–₹2,300 crore.
Why it mattersRevenue-sharing JDAs are a capital-efficient partnership model increasingly favoured in Bengaluru's residential development; counsel must carefully structure landowner return mechanisms and exit clauses to protect both developer scale and owner yield expectations.
CounselFox Mandal & Associates
SectorConsumer & Retail
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Sources
- Bar & Bench
- Business Standard
- Deccan Herald & News On Projects
- Business Standard – Balagere JDA
- Puravankara Limited – Official Press Release (Mandur-Budigere) · official
- Legal 500 – Fox Mandal & Associates Profile
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