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“Alone we can do so little; together we can do so much.”
As our growth continues, we are likely to work with different Individual Property owners, and we believe we’ll fulfill the most important one – valuing your land as much as you do.
Here our vision is to develop your property into a unique landmark in the locality and provide you the maximum returns from your property. We will provide Free Architecture consultancy and provide engineering support for the entire project and estimate the maximum possible development that can be made.
When a land owner joins hands with a builder in developing a property, the land owner provides his land and the builder invests his money for construction.
There are various types of joint ventures, including equity joint ventures where partners share ownership and profits and cooperative joint ventures where parties collaborate without forming a new entity, pooling resources for mutual benefit and project success.
The land owner gets a piece of his property as a flat or an apartment rather than selling it off as a whole in an outright purchase. He gets to live in his own property in a new house without spending any of his money.
The joint venture ratio will vary based on location and land price.
Absolutely, the land owner gets a huge tax benefit when compared with an outright sale.
The builder will pay the landowner an advance to get started with the project and an agreement will be formed. The builder will have to pay the landowner as cash or equivalent value as apartments. This will vary for every project based on location and owner requirements.
The timeline varies for each project based on the requirements. If all the documents are clear and the land is empty, a G+3 joint venture project may take up to 18 months. This may vary if there is an existing building, multiple owners for the land and the documents are not clear.
We are Proudly inviting all landowners to join hands with BABU REALTY in developing and transforming your idle plots & investments into revenue fetching properties.