UpcomingApartments · Bashundhara
Demo Project — Bashundhara Block L
1,860–1,925 sft · 3 bed
Dhaka
Joint Venture Developers in Bashundhara
Sell it outright or build on it with us — we price both before you decide, and the plot details never leave one private inbox.
- buildings here
- 2
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.
What we have built in Bashundhara
Go and look at them. A building you can visit says more than anything on this page.
What we have delivered
- years developing in Dhaka
- 05
- since 2021
- projects handed over
- 100+
- since 2021
- square feet delivered
- 10000M+
- families living in our buildings
- 1000+
- of new land brought to us by past landowners
- 50%
- of our team in engineering and quality control
- 40%
What people ask before they say yes
The questions every landowner puts to us, answered before you have to ask them.
- What if the building is never finished?
- The handover date is a term of the agreement, not a hope, and it carries a stated consequence if it slips. Construction is funded before it starts, so it does not depend on selling apartments off-plan to keep going. And you hold the land throughout: we cannot sell what is not ours.
- How do I know the ratio is fair?
- The split is worked out from your plot size, the road width and what RAJUK will approve — not from what we think you will accept. We show you the arithmetic and the floor area it represents before you sign anything, and you are free to take it to another developer and compare.
- Am I getting less than I would have a few years ago?
- 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 a figure from the old rules.
- Do I lose control of my land?
- No. The deed stays in your name. A joint venture is a development agreement, not a sale, and nothing transfers. Your share of the finished apartments is named unit by unit in the agreement, with the parking that goes with them.
How it goes, from here
Four steps, and you can stop after any one of them.
Send us the plot details
1 daySize, location and road width are enough to start. The form on this page takes two minutes, and nothing you send is published or passed on.
We work out what it supports
1–2 weeksWe look at the plot, check the zoning and the road, and work out the floor area RAJUK would allow. You get the calculation, not just the answer.
We agree the share and the signing money
2–3 weeksYou 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.
Design and RAJUK sanction
6–9 monthsSoil test, structural design, architectural drawings and the sanction are done by us, at our cost. You are shown each stage; you chase nothing.
Construction and handover
30–36 monthsConstruction is funded and managed by us, with the materials named in the agreement. On completion you take possession of your apartments and their parking.
Want to know what your plot in Bashundhara could support?
Develop your landWhat we put in writing
Everything below is written into the joint venture agreement before construction starts. Not a brochure promise; a term you can hold us to.
A handover date in writing
The date is a term of the agreement, with a stated consequence if it slips — not a target in a brochure.
A construction specification you can check
The structure is designed to the current Bangladesh National Building Code for seismic and fire loading, and the specification is attached to the agreement.
Materials named, not described
Rod, cement and fittings are named by brand and grade in the agreement rather than called "premium", so you can verify them on site at any time.
Looked after once the keys change hands
The building is maintained after handover rather than abandoned at completion, and the terms of that are part of the agreement too.
Landowners who already said yes
They explained what my plot could support before they asked me for anything, and the ratio they offered was the one that ended up in the agreement.
My documents were not in order and I had put this off for years. They sorted out what was needed and told me honestly how long it would take.
I visited the site whenever I wanted, and the materials were the brands named in the agreement. Handover was the month they said it would be.
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.
Worth reading before you buy in Bashundhara
2 min read
A joint venture ratio, explained
Landowners are told "60:40" long before anyone explains what the numbers are of. This is what a ratio actually divides, and what moves it.
2 min read
What it costs to register a flat in Dhaka
Registration is the last big cost of buying an apartment and the one nobody quotes upfront. Here is what the bill is actually made of.
More around Bashundhara
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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.
Three boxes and no obligation of any kind. Tell us where the plot is and roughly how big it is; we will tell you what it could support and what a fair split would look like — in writing, within a week.