Joint Venture
Join hands with us to create a profitable joint development for you
Self sustainable buildings
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Our construction includes water recycling, terrace gardening, smart home automation
Our Projects
We have 4 ongoing residential projects in Chennai
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What is a joint venture?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. This type of arrangement is normally called as joint venture.
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How does a land owner benefit from joint venture?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.
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Are there any tax benefits in a joint venture?Absolutely, the land owner gets a huge tax benefit when compared with an outright sale.
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What are the factors to look for during a joint venture?Joint venture ratio
Liability after construction
Payment terms
Project timeline
Rental expense
Compensation for delays
Our Brand Partners
Approach to enhance
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Let’s Discuss Your
Next Project
- Address: f6, MM Rhythm, 9, padasalai Street, Lakshmipuram, Chrompet, Chennai - 44.
- Phone: +91 9551115577 / 9551115507
- Email: info@poornabuilders.com