Fractional ownership is emerging in India as a new investment avenue for new-age investors to participate in new opportunities at a fraction of the cost previously required. In fractional ownership, distinct parties can stake inert ownership of a high-value asset, consequently democratising ownership. This can be a jet, a yacht, commercial real estate, a luxury villa or granary. In cooperation revenue and expenditures associated with this asset are then shared by investors in percentage to their investment.
Fractional ownership of assets can be a rewarding opportunity in generating wealth, portfolio and passive income. Since many Indians are new and inexperienced to this concept, partnering with new age and tech-enabled platforms makes the whole process hassle-free.
We have pointed down the startups which are influencing the investment sector with the concept of fractional ownership.
Definite- Definite is an innovative startup in the proptech space that provides fractional real estate ownership to investors in commercial real estate. The company’s state-of-the-art platform helps people get access to industry experts, informed by decades of CRE experience and proprietary methodologies. Incepted in 2016, Definite is a customer-centric company that focuses on maximizing the returns of the investors. It boasts a user-friendly dashboard and works thoroughly on examining each deal while using conservative financial models.
Smart Owners- SmartOwner is Asia’s largest property investment management company and marketplace. They bring together the financial expertise of a large PE fund, the legal expertise of a major law firm, and the real estate expertise of a top developer and operator onto a common platform to give real estate investors access to exclusive high-return opportunities.
Strata- Strata, a Bengaluru-based real-estate investment tech. Strata has been able to create a simple, low-cost way for anyone to access real estate’s historically consistent and exceptional return. The alternate real estate asset class has been the playground for largely institutional investors. With Strata, individual investors can now access real estate investing without needing to invest large sums of money.
CareerSocially- At CareerSocially, their vision is to create holistic solutions for realty developers/promoters/stakeholders that can minimize the expenses of participants at every stage of real estate transactions. They have advanced and intelligent solutions equipped with key performance metrics that help to monitor and gauge the efficiency and effectiveness of each activity at a granular level, from initial project marketing until the closing of deals.
MYRE Capital- MYRE Capital is a tech-enabled platform that provides easy access, transparency, and liquidity to a curated selection of rent yielding commercial real estate assets. Each asset is selected based on stringent criteria involving predictive analytics across 30+ data points, 25 years of industry expertise, and our proprietary SOUL process. MYRE Capital will enable investors to co-benefit by allowing fractional ownership to our asset portfolio.