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What is joint development?
In a Joint Venture the Builder and The Land Owner enter into an agreement to develop a building based on Sanctioned Plans prepared in adherence to the rules and norms laid down by the Government Authorities. The Plans conform to the combined and mutual requirements of both the parties concerned. The builder constructs the building on the Property as per the Sanctioned Plans and hands over to the Land Owner his share of the “Super builtup Area” as specified in the Agreement. The Proportion of superbuiltup area offered to the Landowner depends on the Following factors
Location and guideline value of the property
The maximum Super builtup area based on the adjoining Road Width, FSI and Plot Coverage as specified by the Sanctioning Authorities such as CMDA,Corporation,Muncipality or Panchayat as the case may be.
Material specifications of the building and the cost of construction.
 
Nivedha's as Your Joint Venture Partner
Through our joint ventures we have given the land owners unparalleled value for their land by developing buildings with a rare combination of Superior Construction, ,Exclusive amenities, Quality material specifications and Unique architectural elevations –all of this while adhering to the sanctioning authorities’ rules and norms
YES,WE DO CONSTRUCT ONLY AS PER PLANS SANCTIONED BY CMDA WITHOUT ANY DEVIATION.
HOWEVER, INSPITE OF STRICT ADHERENCE TO THE SANCTIONED PLANS WE PASS ON THE MAXIMUM SHARE OF THE SUPERBUILT UP AREA TO THE LAND OWNER.
 
Why you can choose Nivedha’s ?
Attractive offers.
Adherence to the Sanctioned Plans
Adherence to Time Schedules
High End specifications .
Elegant designs combined with efficient utilization of space and maximum cross ventilation.
Existing old building Demolitions only after obtaining the sanctioned plan.
Fair Agreements which take care of the interests of the Land Owners.
Service at your Door-Step.
Personalised service which includes arrangement of meetings with various consultants viz. Architects,Structural engineers, Advocates and Chartered accountants.
Follow on services even after handing over of possession.
Compliance with procedures for obtaining completion certificate
 
An Added Feature
A chartered engineer can be appointed by the land owners to crosscheck the quality and specifications of the building during the course of the construction . The company will bear the costs towards the fees paid to the chartered engineer. ( The method has been successfully adopted in our earlier projects also)
 
 
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