JV | JV | JV – Large-Scale Residential Development
A high-potential Joint Venture (JV) opportunity is now open in Lokogoma, Abuja, one of the fastest-growing residential districts within the Federal Capital Territory. This offering is ideal for experienced and well-capitalized developers looking to execute a large-scale residential project in a high-demand location with existing development approvals in place.
The land comes with approved building plans, zero premium, and a clearly defined profit-sharing structure—making it a compelling opportunity for developers seeking speed to market and strong returns.
Property & Land Details
- Location: Lokogoma, Abuja
- Total Land Size: Approximately 1.5 hectares
- Current Land Allocation:
- 8,000 sqm – Primary JV land
- 7,000 sqm – Approved for terrace development
- Title: Certificate of Occupancy (C of O)
- Land Value: To Be Determined (TBD)
- Premium: Nil
The total land size and layout allow for a well-planned residential estate with modern infrastructure and efficient use of space.
Approved Development Use
One of the key advantages of this JV is that the land already has development approvals, reducing delays and approval risks.
Approved Building Use Includes:
- Units of 3-bedroom blocks of flats
- Terrace housing development on approximately 7,000 sqm
This makes the project suitable for mid- to upper-mid-income residential buyers, a segment with consistently strong demand in Lokogoma.
Joint Venture Structure
The JV structure is designed to reflect the scale of the project and the developer’s investment responsibility.
- Sharing Ratio:
- 65% – Developer
- 35% – Landowner
Responsibilities
- Landowner: Provides the land with valid title and approvals
- Developer: Provides full project funding, construction, execution, and delivery
This structure rewards the developer for capital input and execution while ensuring fair value for the landowner.
Why Lokogoma?
Lokogoma remains one of Abuja’s most attractive residential growth corridors due to:
- High population influx and housing demand
- Proximity to Apo, Gudu, and Central Abuja
- Strong rental and sales absorption rates
- Increasing infrastructure and road connectivity
- Affordability compared to core central districts
Residential developments in Lokogoma enjoy quick off-plan sales and strong end-user demand, making it ideal for block of flats and terrace housing.
Investment & Development Potential
This JV opportunity is suitable for:
- Medium to large-scale residential estates
- Affordable luxury terraces
- Modern apartment blocks
- Gated community developments
With approvals already in place, a capable developer can accelerate construction timelines, reduce pre-development costs, and maximize ROI.
Developer Qualification Requirement (Important)
To maintain professionalism and protect all parties involved, only capable developers will be considered.
Kindly Note:
- The developer must present proof of funds at the meeting OR
- Provide verifiable proof of financial and technical capability, including:
- Company profile
- Track record of completed or ongoing projects
- Evidence of access to funding
This requirement ensures a smooth partnership and successful project delivery.
Why This JV Is Attractive
- Large land size with flexible development options
- Approved building plans already in place
- Zero premium payment
- Clear and favorable JV sharing structure
- High-demand residential location
- Secure title (C of O)
Conclusion
This JV opportunity in Lokogoma, Abuja offers a rare combination of scale, approvals, zero premium, and clear partnership terms. For developers with the right capacity, this project presents a chance to deliver a high-demand residential estate with strong profitability and long-term value.
Serious and capable developers are encouraged to engage promptly.
Enquiries & Engagement
📞 Call / WhatsApp: 08034139285
📍 Location: Lokogoma, Abuja
Strictly for credible developers. Proof of funds or capability required.
Smil