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Proptech platforms such as YOURS, ALYF, hBits, and WiseX are helping investors in having fractional ownership of primarily office and luxury holiday homes assets. Real estate consultants like Square Yards and 360 Realtors have also entered into this space. On Saturday, the Sebi board approved amendments to REITs (Real Estate Investment Trusts) Regulations, 2014 in order to create a regulatory framework for the facilitation of Small and Medium REITs (SM REITs), with an asset value of at least Rs 50 crore vis-a-vis minimum asset value of Rs 500 crore for existing REITs.

Market regulator Sebi’s decision to allow the setting up of small and medium REITs will help regulate and propel the growth of new-age investment avenue called fractional ownership of rent yielding real estate assets, according to industry players.  Real estate technology platforms

As the token money is being paid by the buyer, certain clauses must be added to the 'Agreement to sell' to protect the buyer's interest. Here is a look at some of them. It is important to know how to safely pay token money, how much you should pay and other things.

Snaptrude — a startup aiming to compete against traditional platforms in the architecture, engineering and construction (AEC) design sector, including Snaptrude, a startup competes against legacy platforms in the architecture, engineering and construction (AEC) sector with its modern approach and cloud-based offering, has raised $14 million in a Series A round.

Snaptrude — a startup aiming to compete against traditional platforms in the architecture, engineering and construction (AEC) design sector, including Autodesk, Trimble and Nemetschek — with its modern approach and cloud-based offering, has raised $14 million in a Series A round, just 10 months after announcing its seed funding. With Foundamental and Accel leading the Series A round, the six-year-old startup has raised $21.8 million, including the $6.6 million seed round led by the same investors in January. This is unlike legacy tools, such as Autodesk's Revit and AutoCAD...