Arranging Joint Venture Partner for Real Estate
When two or more people/companies/entities come together to execute or initiate a real estate project, it is called a joint venture. Joint ventures are done in order to obtain the skills or resource from another person who possesses them and vice versa.

KEY BENEFITS

Increased Capital Base

Development Expertise

Access to new marketing channels

Shared risks and gains

OUR PROCESS

The procedure and steps involved in this process are as follows:

Project Appraisal

Project Proposal

Legal Due Diligence

The signing of Agreements-

Common clauses found in a Joint venture agreement:

The capital obligations of each party

The partnership management structure

The rights and responsibilities of each party

Exit rights and transfer rights with respect to the sale or transfer of membership interests in the JV

The downside protection for the land value contributed by the landowner, and profit-sharing mechanism.

Project commencement 

Project Completion

Required Documents

Incorporated JV entity

Company

  • JVA / shareholders’ agreement
  • MoA and AoA of the JV entity
  • Other agreements such as trademark licenses and technology transfers.

LLP

  • Limited Liability Partnership Agreement
  • Other agreements such as trademark licenses and technology transfers.

Unincorporated JV entity

LLP

  • Limited Liability Partnership Agreement
  • Other agreements such as trademark licenses and technology transfers.

Partnership

  • Partnership Agreement
  • Other agreements such as trademark licenses and technology transfers

Cooperation/Strategic Alliance/Consortium

  • Cooperation Agreement
  • Other agreements such as trademark licenses and technology transfers.