OngoingDemo Project — Bashundhara
Bashundhara
2,150–2,966 sft · 3–4 bed
Placeholder project used while the client supplies real content
Dhaka
Joint Venture Developers in Bashundhara
A joint venture with Purple Holdings turns land you already own into apartments you own, without selling a single katha.
- building here
- 1
If you own land in Bashundhara R/A and have been approached about developing it, the first thing worth understanding is why: plots here are regular, the roads are wide enough to support taller buildings, and RAJUK approvals in a planned area are more predictable than in organically grown parts of the city. That combination is what makes a joint venture work financially, and it is also what gives you room to negotiate rather than accept the first offer.
A joint venture is straightforward in principle. You keep the land. A developer builds on it at their cost, and the finished apartments are divided between you and the developer in an agreed ratio. You pay nothing and receive apartments rather than a lump sum, which is why owners who intend to hold property rather than liquidate it usually prefer this to selling. The ratio depends on the plot: its size, its road frontage, whether it is a corner, and what the approved floor area works out to.
The part that decides whether the arrangement works for you is not the ratio at all — it is the agreement. Which specific apartments are yours, named by floor and by facing, not as a percentage. What the handover date is, and what happens if it passes. What specification the building is finished to, written down at the level of brands and materials rather than adjectives. Who pays the utility connections and the RAJUK fees. Whether you can sell your share before completion, and on what terms. An owner who insists all six are written into the development agreement is in a very different position from one who agrees a ratio and settles the details later.
Ask for references, and then contact them. Any developer proposing a joint venture in this area should be able to name landowners they have already handed over to, and those owners will tell you plainly whether the building was finished on time and to the specification promised. That single conversation is worth more than any brochure, including ours.
It is also worth understanding what you are trading. In a joint venture you give up control of the construction and accept a timeline you do not set, in exchange for not funding the build and not carrying the risk of it. If you have the capital to develop the plot yourself and the appetite to manage it, that is a legitimate alternative and a good developer will tell you so. The joint venture route exists for owners who want the value of development without becoming a developer.
On 10 Katha, roughly 18,000 sft of building
You keep55%≈ 9,900 sft
We build and take45%≈ 8,100 sft
Indicative only. The final ratio depends on the plot, the road it sits on and what RAJUK approves.
What we have built in Bashundhara
Go and look at them. A building you can visit says more than anything on this page.
OngoingWhat we have delivered
- years developing in Dhaka
- 05
- since 2021
- projects handed over
- 100+
- since 2021
What people ask before they say yes
- What if the building is never finished?
- Placeholder copy. The handover date is a term of the agreement, not a hope. Construction is funded before it starts, and you hold the land throughout — we cannot sell what is not ours.
- How do I know the ratio is fair?
- Placeholder copy. The split is worked out from your plot size, the road width and what RAJUK will approve, and we show you the arithmetic before you sign anything.
- Am I getting less than I would have a few years ago?
- Placeholder copy. Possibly, and it is fairer to say so. The 2022 Detailed Area Plan cut the permitted floor area across much of Dhaka, so the same plot supports a smaller building than it once did. It applies to every developer equally. We quote what your land supports today, not what it used to.
- Do I lose control of my land?
- Placeholder copy. The deed stays in your name. A joint venture is a development agreement, not a sale, and nothing transfers.
How it goes, from here
You send the plot details
TodayPlaceholder copy. Size, location and road width are enough to start. The form below takes two minutes.
We visit and assess
Within a weekPlaceholder copy. We look at the plot, check what the zoning allows, and work out what can be built on it.
We agree the share and the signing money
2–3 weeksPlaceholder copy. You see the proposed split, the floor area it represents and the money paid to you at signing — all three in writing, before anything is signed.
Approvals and design
3–6 monthsPlaceholder copy. We take the RAJUK approvals and the design through to sanction, at our cost.
We build, you receive
Per agreementPlaceholder copy. Construction is funded and managed by us. On completion you take possession of your share.
Want to know what your plot in Bashundhara could support?
Develop your landWhat we put in writing
Placeholder copy. Everything below is written into the joint venture agreement before construction starts.
A handover date in writing
Placeholder copy. The date is a term of the agreement, with a stated consequence if it slips.
A materials specification you can check
Placeholder copy. Brands and grades are named in the agreement rather than described as "premium", so you can verify them on site.
Service after handover
Placeholder copy. The building is looked after once the keys change hands, not abandoned at completion.
Joint ventures in Bashundhara
The questions landowners here ask. If yours is not among them, ask it in the form below.
How does a joint venture with a developer work?
You keep ownership of the land. The developer designs, approves and builds at their own cost, and the completed apartments are divided between you and the developer in a ratio agreed before construction begins. You pay nothing during construction and receive finished apartments rather than a cash sum.
What share does a landowner usually keep in Bashundhara R/A?
It varies with the plot — size, road frontage, whether it is a corner, and the approved floor area all move it. Rather than quote a number that may not apply to your land, we work it out against your specific plot and show you the floor area on both sides before anything is signed.
What should be in a development agreement before I sign it?
At minimum: your apartments identified by floor and facing rather than as a percentage, the handover date and the consequence if it slips, the finishing specification written as brands and materials, who pays utility connections and RAJUK fees, and whether you may sell your share before completion. Vagueness in any of these is where disputes start.
How long does a joint venture project take?
Approval and design typically take several months before any construction starts, and the build itself depends on the number of floors. The date that matters is the one written in the agreement together with what happens if it is missed — a developer unwilling to put a consequence beside the date is telling you something.
More around Bashundhara
Nearby areas
Tell us about your land
Three boxes, and no obligation of any kind. We will tell you what your plot could support and what a fair split would look like on it.
We ask about the plot itself on the next page, and you can skip it — your details reach us either way.
Not ready to commit? Send the details anyway. We will tell you what your plot could support, at no cost and with no obligation.