Fractional ownership is expected to list over Rs 4,000 crore worth of existing AUM over the next 2-3 years
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.
Source: indiatimes.com