homevideos Newspersonal finance NewsIndia's fractional ownership market to surpass $5 billion by 2030 industry experts weigh in

India's fractional ownership market to surpass $5 billion by 2030--industry experts weigh in

This week, SEBI introduced guidelines for small and medium real estate investment trust (REITs) to regulate fractional ownership of real estate. The minimum subscription amount for an SM REIT’s initial offering is ₹10 lakh per investor, offering a more accessible entry point than the current norm.

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By Sonia Shenoy  Mar 18, 2024 12:34:41 PM IST (Published)

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Can you own part or a unit of a home if you cannot afford the full home? The answer is yes. It’s called fractional ownership. The fractional ownership market in India currently valued at $500 million is poised to surpass $5 billion by 2030 which is a 10-fold growth according to analysis by JLL and Propshare.

This week, SEBI introduced guidelines for small and medium real estate investment trust (REITs) to regulate fractional ownership of real estate. The minimum subscription amount for an SM REIT’s initial offering is ₹10 lakh per investor, offering a more accessible entry point than the current norm.
CNBC-TV18 spoke to industry experts including Gulam Zia, Senior Executive Director, Knight Frank India; Anand Narayanan, Founder, Alt DRX; Saurabh Vohra; Co-founder & CEO, ALYF and Sudarshan Lodha, Co-Founder & CEO, Strata to understand how to navigate this market.
Watch this video for more.

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