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"Fractional ownership typically involves the ownership of an underlying real estate asset among multiple investors. This lowers capital requirements and facilitates participation of a larger set of players in real estate asset ownership," the report said.

Many private companies have set up fractional ownership platforms that allow investors to own a fraction of real estate assets.

Mumbai-based TruBoard Partners , a leading independent asset management company for renewable assets in India...

This is not the first time Kamath has raised such questions on real estate investment. Earlier in July, he had in a series of tweets discussed whether investing in real estate would yield more than inflation.

Despite an overall dip in buying sentiment, 47% of Mumbaikars are planning to buy a house in the coming months, says a report released by Credai MCHI and TruBoard Partners. 

Rate hike fails to deter demand for more living space

A lack of demand has kept Indias property market relatively quiet during the pandemic compared with other world markets that rocketed higher as households scrambled to buy more living space., , real estate

Indian home prices to accelerate again despite higher rates

A lack of demand has kept India's property market relatively quiet during the pandemic compared with other world markets that rocketed higher as households scrambled to buy more living space.

From cooking oil and vegetables to meat and salt, costs of basic commodities have risen sharply in the last five years.