Joint Development

NexGen Housing Ltd. offers an innovative real estate investment model that enables clients to purchase shares in a designated plot of land and collectively develop a residential building through our professional expertise and project management services.

Under this model, NexGen Housing Ltd. facilitates the sale of land shares to interested clients, who become shareholders in the project. The shareholders collectively finance the construction of the building, while NexGen Housing Ltd. provides professional services, including project planning, architectural and engineering coordination, construction supervision, cost management and overall development management.

In return for its professional expertise and development services, NexGen Housing Ltd. receives an agreed development management commission calculated at a predetermined percentage, as specified in the relevant agreement.

This model offers clients an opportunity to participate in land ownership and residential development with professional guidance, transparent cost management and clearly defined contractual arrangements.

NexGen Housing Ltd. will develop a residential building on the land owned by the landowner under a 50:50 sharing arrangement. Upon completion of the project, 50% of the total apartments will be allocated to the landowner, while the remaining 50% will belong to NexGen Housing Ltd. as the developer. NexGen Housing Ltd. will have the right to market and sell its allocated apartments to prospective buyers.