Mumbai and Delhi NCR have emerged as top hotspots for asset acquisition opportunities under the SM REIT umbrella as both these micro-markets cumulatively account for nearly 50 percent of the SM-REIT worthy assets across the top seven cities, the report said.
Fractional Ownership: This realty segment to rise over 10 times by 2030 | Here are 3 top hotspots financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Real estate is experiencing an upturn in India due to economic growth and urbanisation, with the advent of fractional ownership making commercial properties accessible to retail investors, offering higher rental returns and capital appreciation.
The capital market regulator Securities & Exchange Board of India (SEBI) has announced that it will regulate fractional ownership platforms (FOPs) offering real estate assets through SM REIT.
SEBI has recently issued guidelines for Small and Medium Real Estate Investment Trusts (REITs), which are expected to facilitate the listing of a significant number of previously unregistered fraction ownership platforma (FOPs) like Strata, hBits PropertyShare, Assetmonk, Alyf, YOURS and WiseX dealing in real estate assets.