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Fractional ownership platform Definite to raise Rs 15 crore to acquire commercial space in Pune
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Synopsis
The investment of the commercial asset starts from a minimum of Rs 25 lakh and provides fractional ownership to the investors. The commercial space is located in Magarpatta City, Pune with a prominent tenant.
Agencies
The commercial asset will be registered under Special Purpose Vehicle. Furthermore, the SPV and the asset will be managed by Definite.
Definite, a Prop-tech for fractional ownership in commercial real estate will raise Rs 15 crore from investors to acquire 15,000 sq ft of commercial space in Pune.
The investment of the commercial asset starts from a minimum of Rs 25 lakh and provides fractional ownership to the investors.
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