| | APRIL 20269CHRONICLESHOMESCHRONICLESHOMESThe transparency and a technological focus of IBRICX allow the company to establish itself as a transparent and technologically focused option in the rapidly changing Indian property investment landscape through transparent dashboards, performance monitoring, and regular project updates. The easy entry of the platform in terms of fractional real estate investing is an opportunity that opens to individuals willing to invest in good real assets with less entry fees and online convenience. The model offered by IBRICX is in line with the globalization of markets in terms of property digitization.ClaravestAnother strong competitor in the Indian property investing scene is Claravest, which is providing a fractional ownership platform that allows users to shop vetted properties and invest based on their budget. The model of Claravest enables investors to use smaller amounts of capital than the traditional process of purchasing real estate, which involves a huge amount of capital investment, yet, the investors enjoy rental returns and the possibility of increasing the value of the investment during the investment period. The properties listed on the platform are highly chosen based on an due diligence process, which measures the location potential, rental demand, and the projected return metrics. The process of investing is completely online and investors in any location can do it without the need to fill or visit physical papers. This convenient availability is particularly attractive to NRIs, individual investors and wealth managers, who desire to diversify their client portfolios with an exposure to real estate. Claravest aims to offer consistent returns that can be used to supplement long-term investment strategies and therefore, it is appealing to both risk-averse and growth-seeking investors. The minimum investment levels are not unrealistic in an Indian context, and the company focuses on its transparency by providing the information about the projects in detail and projected revenues in the case of investing in the projects. The other important characteristic is that it serves investors who probably thought real estate was not affordable because of the initial high prices. Having a convenience-based approach, digital simplicity, and possibly constant returns, Claravest will continue to find more than just a footing on the rising population of investors in India."The real estate sector continues to be a critical driver of economic growth, employment generation, and allied industries. In the upcoming Union Budget, the industry is hopeful of measures that further strengthen end-user demand, enhance affordability, and accelerate project execution. Granting infrastructure status to housing, especially affordable and mid-income segments, would significantly improve access to institutional finance and reduce borrowing costs for developers." -Prashant Sharma, President, NAREDCO MaharashtraInvestpeerInvestpeer adopts a slightly different format compared to other similar fractional platforms by allowing the investors to co-invest in entire units of the property alongside the platform. Rather than purchasing small portions, participants purchase physical property units (apartments or commercial space) and become full owners of the property upon the completion of the project. The Investpeer is a peer-principle initiative, in which it shares every project with the investors. It implies that the platform shares the risks and benefits with its users and the financing starts when a minimum of 80 percent of the total capital is dedicated. This type of funding is milestone-based to be transparent and reduces risks caused by projects that have not been completed. Verified milestones of a project include land acquisition, regulatory approvals, construction updates and fund disbursements, which are all displayed in an online dashboard so investors can monitor the progress of the project. Through co-investment with the platform, the investors have the assurance that the developers as well as the investors support the project. The investment model also reports that it can generate returns of 30-70 percent based on property appreciation and rental returns but the real results were based on the market conditions and the performance of the project. This full-ownership system is attractive to those people who desire to have property rights as opposed to the ownership of fractional rights. Being transparent, well-organized in its execution, and having a shared-risk model, Investpeer can be considered as a valuable opportunity in the series of Indian investors who consider investing in the online property market through the online ownership of real economy.PropFTXPropFTX is an Indian-based startup that integrates AI-based outputs and blockchain disclosure to enable more transparent and safer property investment. The site uses sophisticated analytics to assist users in determining the properties that have high growth potential and reduce the usual ambiguity on valuations and projected returns.
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