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All About Development Management Agreements (DMA)

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All About Development Management Agreements (DMA)
All About Development Management Agreements (DMA)
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Reputed Builders and regional players in the real estate industry are actively participating in DMAs (Development Management Agreements) and such partnerships work for a variety of reasons such as enhancing the brand credibility, diversification of the financial risk, accessibility to newer geographies and first hand consumers.


Mr. Pawan Jasuja, Director, Finlace Consulting, explains that this concept has originated from the need to maintain quality of construction and to deliver projects on time. Protecting customers under the real estate Act has become easy for developers by involving these forms as they can manage all aspects of the development process and offer the benefits off transparency and disciplined policies of reputed realty players. Industry experts anticipate this trend to spread to other regions too with a rise in its popularity backed by the expectation of immense benefits.


Source:http://www.99acres.com/articles/all-about-development-management-agreements.html

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