UpcomingApartments · Uttara
Dhaka
Joint Venture Developers in Uttara
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
If you own land in Uttara, the reason developers approach you is straightforward: there is no more of it. The sectors are built out, nothing new is being released, and the metro has made the location more valuable than it was when most of these plots were allotted. A developer who wants to build in Uttara has to come to somebody who already owns a plot, and if that is you, it is worth understanding how strong a position that is before you negotiate from it.
A joint venture works the same way here as anywhere. You keep 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 starts. You pay nothing and you receive apartments rather than a lump sum, which is why owners who intend to keep property rather than liquidate it generally prefer it to selling outright.
What sets the ratio is the plot, not the area. Size, road frontage, whether it is a corner, and the approved floor area after setbacks all move it, and in Uttara the sector moves it too, because a building in an established sector close to a station commands more than the same building further out. Ask any developer to show you the floor area calculation for both sides before discussing a ratio at all. A proposal that opens with a ratio and works backwards tells you which of you has done the arithmetic.
Where an older building already stands on the plot — increasingly common in the established sectors — the arrangement is a redevelopment, and two extra items belong in the agreement. Where you live during construction, at whose cost, and for how long. And what happens to any tenants, which is a real obligation rather than a detail. Both cost money, both are negotiable, and neither improves by being left until later.
The rest is the ordinary discipline that decides whether a joint venture goes well: your apartments identified by floor and facing rather than as a percentage, the handover date with a stated consequence if it passes, the finishing specification written as brands and materials, and who pays the utility connections and RAJUK fees. Then ask for references and telephone them. An owner who has already been handed over to will tell you plainly whether the building was finished on time and to specification, and that conversation is worth more than any brochure, ours included.
What we have built in Uttara
Go and look at them. A building you can visit says more than anything on this page.
UpcomingWhat 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 Uttara 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 Uttara
The questions landowners here ask. If yours is not among them, ask it in the form below.
Why do developers want joint ventures in Uttara?
Because the sectors are built out and no new plots are being released, so the only way to build here is with somebody who already owns land. Combined with the metro improving journey times, that puts landowners in Uttara in a genuinely scarce position.
What share does a landowner keep in Uttara?
It follows the plot rather than the area: size, road frontage, corner or not, the approved floor area after setbacks, and the sector. 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 if there is already a building on my plot?
Then it is a redevelopment, and two further items belong in the agreement: where you live during construction, at whose cost and for how long, and what happens to any existing tenants. Both are negotiable and neither improves by being left until later.
What should be in a development agreement before I sign it?
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, and whether you may sell your share before completion.
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.