Building your experience
PROFITABLE PARTNERSHIP OPPORTUNITIES
MAXIMIZE THE VALUE OF YOUR LAND THROUGH TRANSPARENT AND MUTUALLY BENEFICIAL JOINT VENTURE CONSTRUCTION PROJECTS IN CHENNAI
Welcome to Varahi Construction's Joint Venture program, where we transform valuable land assets into profitable construction projects.
Our joint venture model offers landowners and investors an opportunity to partner with us to develop residential or commercial properties without the need for significant capital investment. With our expertise in construction and project management, we bring professional execution to the table while you contribute the land.
This collaboration minimizes risks, maximizes returns, and creates a win-win situation for all parties involved. We handle everything from design and approvals to construction and marketing, ensuring a smooth development process.
Let's explore how we can maximize the value of your land through our joint venture partnership.
Our joint venture model offers a strategic approach to property development that benefits both landowners and investors.
Unlock 2-3 times more value from your land compared to outright sale in today's market.
No need to invest money – your land is your capital contribution in this partnership.
Comprehensive legal documentation to protect your interests throughout the project.
We handle all approvals, permits, construction, and property management.
Discover the advantages of joining hands with Chennai's trusted construction partner for your land development
As a landowner, you contribute only your land while we take care of all construction-related expenses and management.
Our expertise in construction and project management significantly reduces the risks associated with property development.
Clear, detailed contracts with fair profit-sharing models and regular updates throughout the project timeline.
Significantly better returns compared to outright land sale, with potential for 40-60% profit sharing of the developed property.
From design and approvals to construction and marketing, we handle all aspects of the development process.
Comprehensive support with documentation, approvals, and legal compliance throughout the project lifecycle.
A straightforward, transparent approach to collaborative property development
We meet to discuss your land details, location, and potential development opportunities. This helps us understand your expectations and assess project feasibility.
Our team conducts a thorough site evaluation, market analysis, and regulatory check to determine the optimal development plan and potential returns.
We present a detailed development proposal including project scope, timeline, cost estimates, and profit-sharing structure, followed by a comprehensive joint venture agreement.
Our architectural team creates designs while we handle all necessary approvals and permits from local authorities to ensure legal compliance.
We manage the entire construction process with regular progress updates, quality checks, and milestone reporting to keep you informed.
Upon completion, the property is distributed according to the agreed terms, with full documentation and support during the handover process.
Properties with high development potential that are ideal for our joint venture partnerships
Prime Residential Areas
Plots in residential areas with good connectivity, suitable for apartment buildings or villa developments.
Business Districts
Land in commercial zones suitable for office spaces, retail outlets, or mixed-use developments.
Established Neighborhoods
Older buildings or houses in prime locations that have potential for demolition and redevelopment.
Hear from our satisfied joint venture partners about their experience working with Varahi Construction.
Join our growing list of successful partnerships
Discuss Your Property TodayDetailed answers to questions you may have about our joint venture partnership process
A joint venture in construction is a business arrangement where a landowner partners with a developer (like Varahi Construction) to develop a property. The landowner contributes the land, while we take care of the construction costs, expertise, and project management. After completion, the developed property or its revenue is shared between both parties according to a pre-agreed ratio, typically ranging from 40:60 to 50:50, depending on various factors.
For residential projects, we typically look for plots of at least 2400 sq.ft with good road access (30+ ft road width). For commercial projects, we prefer plots of 4000 sq.ft or more with at least 40 ft road width. However, we evaluate each property individually, and factors like location, shape, and development potential can influence our decision. Properties in prime areas of Chennai with smaller dimensions may still qualify.
The profit sharing ratio is determined based on several factors, including:
- The location and market value of the land
- The size and dimensions of the plot
- Development potential and applicable FSI/FAR
- Current market conditions
- Projected construction costs
- Expected returns on investment
After evaluating these factors, we propose a fair sharing ratio that ensures profitable returns for both parties. This is always open for negotiation until both parties are satisfied.
The key legal documents involved in our joint venture agreements include:
- Joint Development Agreement (JDA): The primary document outlining all terms and conditions
- General Power of Attorney (GPA): For project execution purposes
- Development Rights Agreement: Detailing construction and development rights
- Area Sharing Agreement: Specifying the division of constructed area
- Supplementary agreements as required
All documents are drafted by legal experts and thoroughly reviewed before signing to protect the interests of both parties.
The timeline varies depending on the size and complexity of the project. A typical residential joint venture project follows this approximate timeline:
- Planning and design: 2-3 months
- Approvals and permits: 3-6 months
- Construction: 12-18 months for smaller projects, 18-24+ months for larger ones
- Finishing and handover: 1-2 months
In total, most residential projects take around 18-24 months from agreement to completion, while larger or commercial projects may take 24-36 months.
As a landowner in our joint venture arrangement, your primary contribution is the land itself. We handle all development costs including:
- Architectural and structural design costs
- Building approval and permit fees
- Construction materials and labor costs
- Utility connections and infrastructure development
- Marketing expenses if applicable
In some cases, there might be property tax, legal documentation fees, or existing loan clearances that need to be addressed, which we can discuss during our initial consultation.
Get in touch with Chennai's leading budget-friendly construction experts for your building needs
Varahi Construction's team of experts is ready to answer your questions and discuss your project requirements in Chennai, Ambattur, Chengalpattu and surrounding areas.
437/28,Mounaswamy madam street
Venkatapuram,Ambattur
Chennai-53.
33GLGPK7781H1ZP
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