Joint Venture Proposal – 200 Acres

Devanahalli (Panchayat Limits)

Land Overview

•Total Extent: 200 Acres (contiguous)

•Location: Devanahalli region

•Jurisdiction: Panchayat limits

•Encumbrances:

•No High Tension (HT) power lines

•No buffer zone restrictions

Ownership & Agreements

•Agreement Holders: 3 members

•JV Structure: Between landowners and developer

•Podi / Sub-division:

•Podi work is in progress

•Being carried out jointly by landowners and agreement holders

Valuation (Indicative)

•Government / SR Value: Approx. ₹3,000 Crore

•Market Value (Expectation): Approx. ₹5,000 Crore

(Subject to zoning change, development approvals, and absorption)

JV Terms

•Revenue / Share Ratio: 50 : 50 (Landowner : Developer)

•Land Conversion & Zoning Change:

•To be undertaken by the developer

•All statutory approvals, conversion, and change of land use are developer’s responsibility

Commercials

•Advance to Landowners: ₹1.50 Crore (Negotiable)

•Goodwill: ₹10 Lakhs per Acre

•Advance Clause:

•Advance is refundable to the developer as per agreed JV conditions