CompletedDemo Project — Dhanmondi
Dhanmondi
1,650 sft · 3 bed
Placeholder project
Dhaka
Joint Venture Developers in Dhanmondi
A joint venture with Purple Holdings turns land you already own into apartments you own, without selling a single katha.
- 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.
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 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
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 Dhanmondi 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 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.
Not ready to commit? Send the details anyway. We will tell you what your plot could support, at no cost and with no obligation.