We are excited to present a premium Joint Venture (JV) opportunity in Idu, Abuja, ideal for developers looking for large-scale residential projects with strong growth potential. This is a ready-for-development land parcel with a refundable premium, flexible sharing ratio, and broker-facilitated terms — perfect for serious developers and investors seeking profitable residential ventures.
📍 Location: Idu, Abuja
- Adjacent Landmark: Shares fence with the Air Force
- Accessibility: Easily reachable via main roads connecting Idu to Gwagwalada, Central Business District, and nearby residential hubs
- Strategic Advantage: The area is rapidly developing, with increasing demand for quality residential projects, making it a highly attractive location for medium- to large-scale developments
Idu is fast becoming one of Abuja’s prime investment zones, favored for its serene environment, strategic positioning, and strong long-term appreciation potential.
📐 Land & Development Details
- Land Size: 3 hectares (30,000 SQM) – ideal for residential estates, terraces, or medium-density apartments
- Land Title: FCDA Right of Occupancy (R of O) – verified, clean, and ready for JV execution
- Proposed Development: Residential – flexible unit mix based on developer’s vision
- Land Value: To Be Determined (TBD) – negotiable depending on JV proposal
- Premium: ₦50 Million (Refundable) – payable upon signing the Joint Venture Agreement (JVA)
- Sharing Formula: 55% Developer / 45% Landowner – designed to maximize developer returns while ensuring fair value to the landowner
- Broker’s Fee: 10%, payable upon signing JVA
The plot is deliverable and cleared, allowing for immediate development once the JV is executed.
🤝 Joint Venture Structure
This JV is structured to benefit both the landowner and the developer, providing a low-risk, high-reward partnership:
- Developer Advantages:
- Refundable premium minimizes upfront financial risk
- Large land parcel suitable for high-density residential development
- Clear R of O title ensures smooth due diligence and financing
- Landowner Advantages:
- Guaranteed partnership with a capable developer
- Retains 45% equity while leveraging developer expertise
- Broker ensures transparent negotiation and agreement execution
This is a win-win arrangement, designed to maximize returns for both parties while ensuring the project is executed professionally and on time.
🏗 Why This Plot is Ideal for Residential Development
- Prime Idu Location: Shares fence with Air Force, providing security and prestige
- Large Plot Size (3 hectares): Suitable for multiple residential blocks or a medium-scale estate
- Clean Title (FCDA R of O): Simplifies JV execution, financing, and project approvals
- Developer-Friendly Terms: Refundable premium and favorable 55/45 sharing ratio
- High ROI Potential: Rapidly developing area with strong residential demand
- Brokered Transaction: Professional facilitation ensures smooth and secure agreement execution
🧭 Steps to Participate
- Submit Letter of Intent (LOI) & Company Profile – to demonstrate financial capability and project experience
- Inspect the Land – verify location, boundaries, and surroundings
- Negotiate & Sign JVA – finalize sharing ratio, responsibilities, and milestones
- Commence Development – plan architectural design, approvals, and construction timeline
Only serious developers with proven track records will be considered for this opportunity.
📞 Contact & Expressions of Interest
For inspection, JV discussions, or formal proposal submission:
Contact / WhatsApp: 08034139285
This 3-hectare JV plot in Idu represents a rare and high-value opportunity for residential developers. With a refundable premium, large land size, and strategic location, this deal is ideal for fast-moving developers ready to capitalize on Abuja’s growing residential market.
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