How do joint ventures work in Chennai’s real estate?

Joint venture is a finding a right developer who is experienced in the field and collaborating with them to develop the property by entering into a Joint development agreement (JDA).

What is Joint venture ratio?

Joint venture ratios hinge on factors like location and land costs. It is typically defined in the joint venture agreement and can be based on the contribution of each party or another agreed-upon structure with respect to the land cost and construction cost.

The Joint Venture Property Development model has become preferred model for many land owners and Joint Venture Property Development (“JV” as it’s referred in the industry) gives more profits from the land compared to the traditional outright sale model.

There are many benefits a land owner gets when their land is developed in a Joint Venture Property Development model. JV development is ideal for properties that range from 1 ground to even multiple Acres.

At Kamalam Builders, we believe that collaboration is key to success in the construction industry. Our joint ventures are strategically designed to combine expertise, resources, and vision with like-minded land owners to deliver exceptional projects that exceed expectations.

Are you looking for a joint venture construction company in chennai? Kamalam Builders is a leading joint venture company in Chennai, past 20years and continue to excel in them. specializing in residential development, commercial, plots and other customisable joint venture solutions.

Higher value returns

The value addition of being a developed property from Joint Venture often gives a better return than that of outright sales.

Less financial risk

In a Joint Venture Property Development financial risk is very minimal or say no with respect to the landowners, as the developer takes the cost of constructing the property end to end until handing over the keys.

Tax benefits

Joint Venture Property Development offers tax savings, making it a financially a better choice compared to outright sales for a land owner.

Continuous Appreciation

The property received after Joint development continues to appreciate, providing a long-term investment opportunity.

New revenue generation

Generate a rent from the developed property by renting or leasing.

Decide on what is your desired outcome out of your property Joint development.

Choose a developer with a strong reputation and a history of success.

Ensure the builder has the necessary experience and expertise for your project

Negotiate fair terms and commercials considering the market conditions for a mutually beneficial partnership.

Establish clear communication, set measurable goals, define roles and responsibilities, and regularly review progress.

Enter a Joint development agreement (JDA) considering the rights and responsibilities legal implications of landowner and the developer that is mutually agreed.