Residential land joint venture
2400 SQM of Land
Hottest cake with vanilla joint venture (JV) brief Location: Kado (As seen from the video, the location is so so so exquisite and very developed AREA) Land Size: 2400sqm (with additional usable space on ground) Title: Fha Purpose: Residential Development Land Value: ₦1 Billion JV Terms: - Premium: ₦130 Million (non - negotiable but refundable) - Agency Fee: 10% of the land value (refundable, payable by developer) - Sharing Formula: 50/50 - Developer takes one extra unit from the landowner's part, to offset premium and associated costs of 5% facilitators fees paid on behalf of the land owner