REIT: A pathbreaking trend that boost the FOP in real estate in 2024. By Shravan Gupta
Mumbai (Maharashtra) [India], March 30: The Indian Fractional ownership is constantly growing. Real estate experts have projected steady growth for the commercial segment. People are willing to invest in commercial projects due to the bullish and thriving real estate market. The fractional ownership platform holds the potential to boost the commercial real estate sector. Shravan Gupta, [...]
Mumbai (Maharashtra) [India], March 30: The Indian Fractional ownership is constantly growing. Real estate experts have projected steady growth for the commercial segment. People are willing to invest in commercial projects due to the bullish and thriving real estate market.
The fractional ownership platform holds the potential to boost the commercial real estate sector. Shravan Gupta, MGF Group feel it will grow over 25% in 2024. It will draw more buyers in the sector making it a profitable notion for attracting potential investors. Experts suggest commercial real estate is likely to grow 10 times more in the next 5 years and has immense investment potential for Foreign and Domestic Investors. The growth of FOP can be attributed to the opening up of the Real estate stock market.
Some factors responsible for the transformation can be credited to developments like: