JOINT DEVELOPMENT

Joint venture land development is the way real estate industry is moving forward. This has given rise to opportunities in joint ventures. Gokaldas Lifestyle strongly believes in the advantages of this concept.

Gokaldas Lifestyle as a developer has undertaken project development on a partnership basis, in which a certain portion of the built-up area is handed over to the partner post the completion of the project. The built-up area given to the land owner depends on the prevailing market value of land in that area at the time of project commencement.

Kinds of transactions possible are (or combinations of options below):

• Joint venture or Joint development - revenue sharing or profit sharing or area sharing
• Purchase
• Long lease
• Property swap
• Sale & lease –back proposal