CompletedApartments · Dhanmondi
Demo Project — Dhanmondi
1,650 sft · 3 bed
Dhaka
Joint Venture Developers in Dhanmondi
Sell it outright or build on it with us — we price both before you decide, and the plot details never leave one private inbox.
- building here
- 1
Almost every joint venture in Dhanmondi is a redevelopment. The plots were allotted decades ago and built on soon after, so what a developer is proposing is not building on empty land but replacing a building that is still standing and often still lived in. That changes the conversation in ways worth understanding before you have it, because the questions that decide whether the arrangement works for you are different from the ones that apply on a vacant plot.
The economics are usually favourable to the owner here, and for a straightforward reason: the location is closed. Nothing new is being created in Dhanmondi, demand for it has not moved, and a developer who wants to build here has to come to somebody who already owns a plot. If you own one, you are on the scarce side of that. It is the strongest position a landowner can negotiate from, and it is worth taking the time to use it rather than accepting the first ratio offered.
What decides the outcome is the plot rather than the area. Its size, its road frontage and whether it is a corner set the approved floor area, and the approved floor area is what both sides are dividing. Setbacks matter more here than in the newer areas because the plots are smaller, so a metre of frontage changes the arithmetic more than it would in Bashundhara. Ask any developer to show you the floor area calculation on both sides before discussing a ratio at all — a proposal that starts with a ratio and works backwards is telling you which of you has done the arithmetic.
Then there is the part specific to redevelopment: where you live while it happens. A vacant plot costs the owner nothing but time. Replacing the building you live in, or that your tenants live in, costs rent for the duration, and the duration is measured in years rather than months. Whether the developer pays that rent, at what rate, and what happens if the build overruns, belongs in the agreement as firmly as the ratio does. So does what happens to any tenants, which is a real obligation and not a detail.
The rest is the ordinary discipline of any development agreement, and it is not optional. Your apartments identified by floor and by facing, never as a percentage. The handover date with a stated consequence if it passes. The finishing specification written as brands and materials rather than adjectives. Who pays the utility connections and the RAJUK fees. And references you actually telephone — any developer working in Dhanmondi can name owners they have handed over to, and one conversation with such an owner is worth more than any brochure, including ours.
What we have built in Dhanmondi
Go and look at them. A building you can visit says more than anything on this page.
CompletedWhat 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 Dhanmondi 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 Dhanmondi
The questions landowners here ask. If yours is not among them, ask it in the form below.
How does a redevelopment joint venture in Dhanmondi work?
You keep ownership of the land. The developer demolishes the existing building, designs and approves a new one, and builds it at their own cost; the finished apartments are divided between you and the developer in a ratio agreed in advance. You pay nothing during construction and receive apartments rather than a cash sum.
Who pays my rent while the building is being replaced?
That is negotiated, and it should be settled in writing before anything is signed — including the rate, how long it runs, and what happens if the build overruns. On a redevelopment it is as material as the ratio itself, because you are giving up somewhere to live for the duration.
What share does a landowner keep in a Dhanmondi redevelopment?
It follows the plot rather than the area: size, road frontage, corner or not, and the approved floor area after setbacks. Rather than quote a figure that may not apply to your land, we work it out against your plot and show you the floor area on both sides before anything is agreed.
What should be in the agreement before I sign?
Your apartments identified by floor and facing rather than as a percentage, the handover date and the consequence if it slips, the finishing specification as brands and materials, who pays utility connections and RAJUK fees, the rent arrangement during construction, and what happens to any existing tenants.
More around Dhanmondi
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.
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.