Real Estate

Real Estate Transactions

Fractional ownership firm Yours invests Rs.25-Cr in properties across Goa, Alibaug & the Nilgiris

Economic Times  

Fractional ownership startup Yours has acquired assets worth INR 25 crore in Goa, Alibaug and the Nilgiris. Every luxury home is being acquired under a special purpose vehicle (SPV), which will have eight shareholders who get to stay in the home for 45 days every year. The concept allows several individuals to buy a home together through a management company as co-investors. The investor in a co-owned property can trade that piece of real estate like any other. Yours will curate and manage for the owners, and it is also in talks to acquire villas in the hills in north India. Each home-with up to four bedrooms, living and dining spaces, gardens, and a pool-will be furnished staffed to cater to the daily needs of its owners