<h1>Developer launches luxury 668-unit joint development with Rs 1,200 crore sales potential, 30-month delivery, JDA obligations</h1> A real estate developer announced a luxury residential joint development in Bengaluru's Gunjur micromarket with an expected sales potential of about Rs 1,200 crore for 668 units across 8.3 acres and roughly 1.7 million sq ft built-up area; units are priced from Rs 1.7 crore. The project is being delivered under a joint development agreement with the landowner and carries a stated construction/delivery timeline of 30 months. Legal considerations include performance and delivery obligations under the JDA, revenue recognition and sales contract terms, purchaser financing/market risk, and compliance with applicable land-use, building and regulatory approvals.