Devanahalli

JOINT DEVELOPMENT PROJECT – HIGH RISE APARTMENTS
1. Project Objective
High-Rise Residential Apartment Development
2. Location
Near Nandi Upachar,
Devanahalli
STRR Road Attached Property
3. Land Details
Total Land Extent: 3.22 Acres
Ownership: Single Owner
Land Zone: Green Zone
Road Width: STRR Main Road Access
Road Frontage: 80 Feet Entrance
Access: Direct STRR connectivity
4. Deal Type
Joint Development Agreement (JDA)
5. Commercial Terms
Revenue Sharing Ratio: 45 : 55
Land Owner – 45%
Developer – 55%
6. Financial Terms
Goodwill: ₹2.5 Crore per Acre
Advance: ₹2.5 Crore per Acre
👉 Total Goodwill (3.22 Acres):
₹ 8.05 Crore
👉 Total Advance (3.22 Acres):
₹ 8.05 Crore
7. Market Information
Land Market Value: ₹18 – ₹20 Crore per Acre
Project Potential: Premium High-Rise Residential Development
Strategic Advantage: STRR growth corridor & Airport influence zone
8. Key Highlights
✅ Single ownership land
✅ STRR road attached property
✅ 80 ft wide entrance
✅ Fast developing Devanahalli micro-market
✅ Ideal for High-Rise Apartments
✅ Strong appreciation potential