WHAT IS VERIFIED JV?
Verified JV is a tech-enabled platform for finding real estate joint ventures.Verified JV facilitates the formation of joint venture
between a land owner and developer across India for various types of projects including apartments, township, hotel, resort,
industrial, villa, IT park, plotting, retail/shopping and office space.
Currently we have 167 property listings and 7 requirements .
What does Joint Venture (JV) in real estate mean?
Joint Venture (JV) in real estate implies a partnership between a landowner and a developer. Landowner might have purchased the land for investment purpose to sell it when the price of the land increases. Or he might have inherited the property.
The purpose of the purchase was to gain from increase in land price and make good returns on it, and not develop it on their own.
Due to lack of availability of funds and market dynamics there is a lack of interest among developers to purchase the land. This has opened another door for landowners which is getting into a JV.