OUR BLOG

Joint Venture Estate Developers in Lagos

Admin

 

Joint Ventures are business arrangements in which two or more parties (individual or corporate) agree to pool individual resources together towards achieving a mutual goal or undertaking a specific project – usually, more than would have been individually achieved. JV partnership deals are a great way to achieve goals, particularly when there is a paucity of funds for a mortgage down payment or where there are constraints in qualifying for financing.

Successive governments of Lagos State and their relevant agencies, having realized that there exist a plethora of benefits to be gained from joint venture deals, have over the years explored joint venture partnership with property development companies to aid her commitment to delivering housing to her citizens. Some of such joint venture partnership bore projects such as:

COURTLAND LUXURY VILLA - This development is a product of a joint venture partnership entered into by the Lagos State Government (LASG) to deliver not less than 126 units of 4-bedroom maisonettes with maid’s rooms. The development is one of the many of such around the Lekki area of Lagos Island, precisely along the very popular Platinum Way, just a stone throw from Shoprite Lekki. 

THE AVENUE - This one is a luxurious and modern estate located in the Ogudu GRA axis of Lagos mainland, it is a joint venture project that boasts 48 units of 4 bedroom semi-detached duplexes with maid’s room. It features a minimum of 4 car parks per dwelling, swimming pool, gymnasium, a mini football pitch, Wi-Fi, 24-Hrs. security, children playground, etc.

BENEFITS OF JOINT VENTURE TO YOU

1.       With a joint venture partnership, your project(s) gets the required funding based un mutually acceptable terms.

2.       Funding has been identified as the major clog in the wheel of property development projects, however, however, a joint venture ensures that the risk of project abandonment is eliminated since it ensures that the required funding is available.

3.       A joint venture partnership also affords all parties involved the opportunity to share expertise, experiences and even connections.

BENEFITS OF PUTTING YOUR JV REQUEST ON JV PULSE

It is no news that there are a lot of online platforms dedicated to real estate transactions of all sorts, also true is the fact that most of these platforms focus mainly on sales and leases of real property with joint venture deals gaining little or no attention. This is however not the case with us:

1.       JVpulse is exclusively dedicated to giving joint venture deals/offers/listings maximum visibility for FREE.

2.       We carry out independent checks on our JVs, connect you directly to the financier/developer, and promote your deals to our exclusive and extended clientele base.

3.       Give property developers the opportunity to display their upcoming projects as well as advertise off-plan sales campaign for such upcoming developments.

4.       Negotiate joint ventures or partnerships, if and/or when required

5.        Help in Identifying options for optimizing the deal structure, etc.