Per Annum's Estates Surpasses ₹500 Crore in AUM within First Year
Per Annum, an alternative investment platform with over a decade of operating history, has announced that its fractional real estate vertical, ‘Estates’, has surpassed ₹500 crore in Assets Under Management (AUM) within its first year of launch. This significant milestone underscores the company’s growth and evolution from a fintech startup to a full-fledged alternative investment platform catering to modern Indian investors.
The achievement coincides with Per Annum completing a decade of operations, highlighting its journey from a young startup to a mature player in the investment landscape. Launched in March 2025, Estates demonstrated rapid product-market fit, reaching ₹100 crore in AUM within just 30 days of launch. The momentum continued through the year, with assets doubling to ₹250 crore by September 2025 before accelerating to cross the ₹500 crore mark in December 2025.
Unlike conventional fractional ownership platforms focused on commercial assets and rental yields, Estates concentrates on luxury residential real estate. The platform offers investors exposure to under-construction projects and the capital appreciation potential of the development lifecycle. This unique approach has resonated with investors, driving the rapid growth of the platform.
Ekmmeet Singh, CEO and Co-founder of Per Annum, commented, “This milestone is particularly meaningful as it coincides with Per Annum completing ten years of operations. Estates’ rapid scale from ₹100 crore in the first 30 days to ₹500 crore within a year underscores how disciplined execution, developer partnerships, and a clear focus on capital appreciation can unlock new possibilities in the space.”
Over the past nine months, the platform facilitated the acquisition of 120 luxury residential units. To mitigate delivery and execution risks commonly associated with under-construction projects, Per Annum has restricted its portfolio exclusively to Tier-1 developers, including L&T, Godrej, and Mahindra. These partnerships ensure that investors have access to high-quality, reliable projects.
While Estates initially established a strong presence in Gurgaon, the latter half of the year saw strategic geographic diversification. The portfolio now spans Noida, Mumbai, and Bangalore, aligning with renewed residential demand across India’s major IT and commercial corridors. This diversification has helped the platform tap into multiple high-growth markets, enhancing its overall stability and potential for returns.
Per Annum’s ability to scale Estates to ₹500 crore in AUM in under a year signals the growing maturity of India’s fractional real estate ecosystem. Backed by ten years of operational credibility, the platform is enabling retail investors to access premium residential assets, positioning fractional ownership as a viable investment avenue at a time when direct real estate ownership is increasingly out of reach. This success underscores the potential for further growth and innovation in the Indian real estate investment market.