House at South Goa
Going to invest in a flat through fractional ownership route. (IRR -18%-25%)
Sebi also approved the regulation for it after reits.
Any last minute ip or suggestions?
PS - I don't want to buy a flat in metro and live in any metro for next 30-40y of my life.
Talking product sense with Ridhi
9 min AI interview5 questions
Hello OP, can you share more on what fractional ownership meant here and what benefits do you think it gives you over buying something in a metro city. Would really help me when I plan about buying a property later in life.
As name suggest, u r not a sole owner.
Multiple people will hold ownership and u can sale or buy more units at any juncture. (Like 1cr flat has 5 persons so 20 lacs 1 unit)
Metros look haphazard to me.
Toxic air, food, people, traffic ⛔ and what not.
Capital appreciation in a flat is hardly beating inflation nowadays. Rental is also low except few areas in blr n Bombay. Total 6-7% appreciation.
Whereas these fractional projects are at hotshot tourist place and have 20-25% irr.
So above points led me to invest 10% of my portfolio in FO
Assuming I wanted to find such people who are interested in buying such a property with me, where would I find them? Or perhaps how did you find them for your?
