Axis Ecorp, a prominent real estate developer, has announced its entry into the fractional ownership market with an initial investment of Rs 100 crore. This move aims to provide luxury homes as an alternative investment option, catering to the growing dem
Real EstateRs 100 CroreInvestmentProperty MarketLuxury HomesAlternative InvestmentMarket StrategyReal Estate MumbaiAug 24, 2024
Fractional ownership is a model where multiple investors collectively own a luxury property, providing a more affordable and accessible way to invest in high-end real estate.
Axis Ecorp has made an initial investment of Rs 100 crore in the fractional ownership market.
Axis Ecorp's fractional ownership offerings are targeted at investors looking for alternative investment options in the luxury property market.
The fractional ownership model allows multiple investors to collectively own a luxury property, providing a unique opportunity for investors to diversify their portfolios and generate rental income.
Axis Ecorp's entry into the fractional ownership market is expected to disrupt the traditional real estate investment landscape and attract significant attention from investors and industry stakeholders alike.
The Maharashtra Real Estate Appellate Tribunal (MREAT) has set aside a conditional interest payment order by MahaRERA, directing ITMC developers to pay a 2% interest on outstanding amounts without any concessions.
Marriott International, Radisson Hotel Group, and Wyndham are collaborating with real estate developers to launch branded residences in Indian cities such as Goa, Dharamshala, and Gurgaon.
India's real estate investment trusts (REITs) are poised to transform the commercial real estate landscape with a staggering Rs 4.5 lakh crore worth of prime office stock, according to a recent Vestian report.
India's luxury housing market has shown a significant surge, recording a 53% year-over-year growth in 2024. The premiumisation of offerings is expected to remain a strong trend, driven by increasing demand for high-end amenities and prime locations.
Nithin Kamath, co-founder of Zerodha, has ignited a debate by proposing that real estate prices should be tied to air quality. He argues that properties in high-pollution areas should see lower valuations due to the associated health risks.
Mumbai Stands 7th on Prime Global Cities Index Q4 2024, Reveals Knight Frank Report. The robust commercial real estate market in India continues to attract significant attention.