An exceptional Joint Venture (JV) opportunity has become available in one of Abuja’s most strategic and rapidly appreciating corridors — Kugbo District (Asokoro Extension). This is a rare chance for developers, real estate investment firms, and high-capacity partners to participate in a large-scale, high-value development without the burden of an upfront land premium.
📍 LOCATION: KUGBO DISTRICT, ABUJA (ASOKORO EXTENSION)
Kugbo District, often referred to as Asokoro Extension, is strategically positioned close to Abuja’s core districts, making it highly attractive for luxury residential estates, mixed-use developments, commercial hubs, and smart city projects.
With increasing infrastructure development and proximity to major government and diplomatic zones, Kugbo continues to experience strong demand and consistent land value appreciation.
📐 LAND SIZE
- Total Land Size: 53.37 Hectares
This expansive land size provides ample flexibility for:
- High-end residential estates
- Mixed-use developments
- Commercial and institutional projects
- Smart city or gated community developments
📄 TITLE DOCUMENT
- Title: FCDA Right of Occupancy (R of O)
This title is issued by the Federal Capital Development Authority (FCDA), offering strong legal backing and suitability for large-scale developments within the FCT.
💰 LAND VALUATION & JV STRUCTURE
- Land Value: ₦65 Billion
- Premium: Nil (No upfront premium required)
This JV structure allows the developer to channel funds directly into planning, approvals, and construction, rather than tying down capital in land acquisition.
🤝 SHARING RATIO
- Land Owner: 60%
- Developer / JV Partner: 40%
This ratio reflects the prime location, clean title, and scale of the land, while still offering developers strong upside potential given the size and development possibilities.
💼 FACILITATION TERMS
- Facilitator’s Fee: 10% (Strictly Non-Negotiable)
The facilitation fee becomes payable immediately upon signing the Joint Venture Agreement (JVA). This ensures clarity, professionalism, and commitment from all parties involved.
🧭 JOINT VENTURE PROCEDURE (STEP-BY-STEP)
To maintain structure and seriousness, the following JV process will be strictly adhered to:
- Physical Inspection of the JV Land
Interested parties must physically inspect the property to assess suitability. - Submission of Letter of Intent (LOI)
A formal LOI indicating interest and development intent. - Company Profile Submission
To demonstrate capacity, credibility, and relevant project experience. - Development Proposal
Outline of proposed project concept, development scope, and execution strategy. - Meeting With the Land Owner
Direct engagement to align expectations and finalize JV terms. - Signing of Joint Venture Agreement (JVA)
Legal documentation of agreed terms. - Immediate Payment of Facilitator’s Fee
Paid upon execution of the JVA.
⚠️ IMPORTANT NOTICE
- This opportunity is strictly for serious developers and investors
- No speculative inquiries
- No agent-to-agent arrangements
- Capacity and experience will be verified
- Only parties prepared to follow the stated JV process will be engaged
📞 CONTACT FOR SERIOUS INQUIRIES
For inspections, JV discussions, and further engagement:
Call / WhatsApp: 08034139285
🔑 FINAL THOUGHT
This 53.37-hectare JV opportunity in Kugbo District (Asokoro Extension) represents a rare blend of scale, location, title security, and flexible financial structure. With no premium required, a strong FCDA title, and a clear JV framework, this opportunity is best suited for visionary developers ready to deliver landmark projects in Abuja.
If you have the capacity, the vision, and the readiness to proceed, this is your opportunity to secure a prime stake in Abuja’s future.
Serious partners only.
Inspect. Propose. Partner. Build.
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