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Joint Venture

Joint Venture
Collaborating to Build Excellence
With over 20+ ongoing residential projects, we combine passion and expertise to bring your dream home to life. Partner with us for your next construction project and experience top-tier craftsmanship and innovation.
By choosing to collaborate with us in a joint venture, you gain access to years of industry experience and a commitment to quality. We handle all aspects of the construction process—from planning to execution—ensuring timely delivery, exceptional results, and long-term value. Together, we’ll create spaces that not only meet but exceed your expectations.
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Joint Venture
Building Success Together
Partner with us for timely, high-quality, and sustainable developments. Let’s create lasting value together.

On-Time Delivery
Guaranteed

We guarantee timely project completion or we pay penalties to the customer.

10-Year Construction Warranty

Your investment is secure with our robust 10-year construction warranty.

Smart & Sustainable
Designs

Our projects include eco-friendly features like water recycling and terrace gardening.

Frequently Asked Questions

Most frequent questions and answers

What is a Joint Venture?
A joint venture occurs when a landowner collaborates with a builder to develop a property. The landowner contributes the land, while the builder invests in the construction. This partnership combines resources and expertise for mutual benefit, making it a successful development model.
In a joint venture, the landowner receives a portion of the developed property, such as a flat or apartment, instead of selling the land outright. This allows them to retain ownership and live in a newly built home without any financial investment on their part. It’s a win-win opportunity to gain value from their property while enjoying modern living.
Yes, landowners can enjoy significant tax advantages in a joint venture compared to selling the property outright. By participating in a joint venture, landowners may benefit from deferred tax liabilities and more favorable tax treatment on their share of the developed property, allowing them to maximize their returns.
  • Joint venture ratio
  • Liability afterwards construction
  • Payment terms
  • Project timeline
  • Rental expense
  • Compensation for delays
After the construction phase, liability typically includes maintenance obligations, revenue sharing, and adhering to post-completion terms as outlined in the joint venture agreement. These may vary based on whether the property is leased, sold, or retained.
The joint venture ratio defines the ownership distribution and profit-sharing percentages between the landowner and the developer. This ratio is usually agreed upon in advance and is based on factors like land value, development cost, and mutual contribution.
Payment terms in a joint venture can include upfront deposits, milestone-based payments during construction, or a revenue-sharing model post-completion. These terms are customized based on the agreement between the parties involved.
Project timelines can range from 18 months to several years, depending on the scale, approvals, construction phases, and market conditions. A detailed project schedule is usually provided at the start of the venture.
In revenue-generating projects, landowners receive their share of rental income as per the agreed ratio, either monthly, quarterly, or annually. This is usually handled through a transparent accounting process managed by the developer or a third party.
If delays occur, joint venture agreements often include penalty clauses or compensation terms. These can involve financial reimbursement, extended revenue shares, or revised delivery timelines with accountability.
There are various types of joint ventures, including landowner-developer JV, profit-sharing JV, equity-based JV, and development management agreements. The choice depends on the goals, investment, and risk-sharing preferences of the parties involved.

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+91-9344306070

E-Mail

mhcastlebuilders@gmail.com

Our Location

8/42 Bajanai Kovil Street, Pozhichalur, Chennai - 600074

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