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PMNG Acquisitions Ltd has finally launched JointVenture.ng in Lagos. A brokerage service that connects landowners with direct property developers to build modern housing units on their prime land at no cost to the landowner, with the goal of maximizing the value of underutilized land through redevelopment.
‘We see scenarios in Ikoyi, Ikeja GRA, Opebi, Adeniyi Jones, Victoria Island and other prime areas where an old building sits on a large expanse of land. This land is utterly under utilized and we help the owners get more value by redeveloping the land into modern housing units at no capital cost to the owners(s)’….says the MD, Mr Quadri Abubakar.
With the launch of Jointventure.ng, it will be more profitable to have new housing units built on your land afterwhich you can sell some and retain some than selling the land alone itself. The projection is usually about 30%-50% more profitable.
The service includes a formal process where landowners submit their property details (land size, location, documentation), and JointVenture.ng matches them with reliable building developers who can transform the property into modern housing units.
Not all developers are capable of completing a construction while some develop substandard housing or poor finishing. We ensure a strict JVA contract which includes time-lines, deliverables, a bill of quantity, default clauses and a proper provision for remedies to avoid frivolous litigation and delays.
Free brokerage service for landowners – JointVenture.ng serves as a broker to find suitable developers at absolutely no cost to landowners, making it a risk-free opportunity to maximize property value.
Maximized property value through professional redevelopment – The service helps landowners transform underutilized land into modern, smaller housing units, potentially increasing the overall value and return on investment.
Transparency and direct engagement – JointVenture.ng ensures transparency by working directly with both landowners and developers without many middle-men agents, maintaining integrity throughout the entire transaction process.
Jointventure.ng is a brand of PMNG Acquisitions Ltd established in 2021 with its head office off toyin Street, Ikeja and branch at MM2 domestic Airport. It is also a sister brand to paymonthly.ng, highly recognized for sales of reliable properties with outright and flexible payment.
To get connected to reliable developer, visit www.jointventure.ng or Call us on 09160004893, 09160004894