Latest news with #Estates
Mint
26-05-2025
- Business
- Mint
Estates by Per Annum Hits ₹100 Cr AUM in the First Month! Aiming ₹500 Cr in the Next Quarter
In a market often dominated by slow-moving capital and high entry barriers, Per Annum's new fractional real estate product, Estates, has pulled off what few thought possible, ₹ 100 crore in assets under management (AUM) in just 30 days. That milestone isn't just symbolic. It signals a radical shift in how Indian investors are approaching real estate in 2025. Launched in April 2025, Estates introduced a fresh model for fractional ownership in ultra-premium residential real estate, previously considered the exclusive territory of HNIs and institutional capital. Just a month in, it's already proven there's a deep appetite for high-growth, structured alternatives in the Indian investment ecosystem. At the core of Estates' early success lies its promise of democratized access, enabling retail investors to co-own real estate that was once beyond their Projects by Category A developers like Godrej and Trump, on locations such as Golf Course Road and Golf Course Extension, names and markets that traditionally come with 8-figure price tags are now fractionally owned by individuals with contributions starting at ₹ 10 lakh. Attracting over 500 investors in just the first month is a remarkable achievement—especially in the luxury real estate space, where transactions typically move at a much slower pace. But this isn't luck. It's product-market fit. 'The ₹ 100 crore AUM mark validates what we believed from day one: that Indian investors are hungry for smarter, more strategic ways to grow wealth,' says a senior executive at Per Annum. He further added that, 'Estates aren't just about real estate. It's about unlocking aspiration with structure.' Estates positions itself differently from legacy real estate ownership models. Where traditional buying focused on rental income and long-term holding, Estates is built on targeted value appreciation and timely exits. By focusing on under-construction projects in high-growth micro-markets, Estates allows owners to enter early when prices are low and upside potential is highest. In many of these micro-markets, properties have already seen 25–30% appreciation in under 12 months, driven by rapid infrastructure expansion, new corporate hubs, and surging housing demand. The fractional ownership model offered by Estates is structured through a Special Purpose Vehicle (SPV), which legally owns the underlying property. Every investor who buys a share becomes a partner in the SPV, ensuring clear ownership rights, legal transparency, and a streamlined exit process. Having surpassed ₹ 100 crore AUM in just a month, Estates by Per Annum has now set a bold new target: ₹ 500 crore by the end of next quarter. Fueling this growth are upcoming projects from reputed developers like Sobha, Godrej , and Birla—all strategically located in high-growth areas with proven appreciation potential. What makes this goal achievable is the robust foundation Per Annum has already built. With a user base of over 5 lakh investors , the company is well-positioned to capture demand from those seeking to diversify beyond traditional debt products. Estates emerges as a natural progression for these investors. Unlike conventional real estate players selling lifestyle and aspiration, Per Annum is focused on structured, returns-oriented access to premium real estate—making wealth creation smarter, more transparent, and accessible. For years, real estate in India felt out of reach—either a luxury few could afford or a capital trap that was hard to exit. Stocks offered speed but came with volatility. Gold was reliable, yet rarely rewarding. Estates offers a new alternative: a low-entry barrier, high-return model that gives investors access to premium real estate. No maintenance, no tenant issues, no resale struggles. Just smart, structured exposure. With targeted returns exceeding 50% over 2–3 years, the numbers may sound bold—but in the high-growth micro-markets Estates focuses on, they're realistic. The platform's disciplined property selection, pricing strategy, and early-stage entry model create the foundation for strong upside—executed with institutional-level exit planning. But the real game-changer? It empowers everyday investors—not just those with ₹ 10 crore in the bank, but those with ₹ 10 lakh and the vision to make it work. If the first month is any indication, Estates by Per Annum isn't just another product, it's a category in the making. With a ₹ 100 crore AUM in 30 days, 11 high-value units sold, and momentum building, Per Annum has tapped into something deeper than real estate: trust, timing, and aspiration, wrapped in structure. What used to be 'out of reach' is now just a few clicks away. Note to readers: This article is part of Mint's paid consumer connect Initiative. Mint assumes no editorial involvement or responsibility for errors, omissions, or content accuracy.
Mint
26-05-2025
- Business
- Mint
Estates by Per Annum Hits ₹100 Cr AUM in the First Month! Aiming ₹500 Cr in the Next Quarter
In a market often dominated by slow-moving capital and high entry barriers, Per Annum's new fractional real estate product, Estates, has pulled off what few thought possible, ₹ 100 crore in assets under management (AUM) in just 30 days. That milestone isn't just symbolic. It signals a radical shift in how Indian investors are approaching real estate in 2025. Launched in April 2025, Estates introduced a fresh model for fractional ownership in ultra-premium residential real estate, previously considered the exclusive territory of HNIs and institutional capital. Just a month in, it's already proven there's a deep appetite for high-growth, structured alternatives in the Indian investment ecosystem. At the core of Estates' early success lies its promise of democratized access, enabling retail investors to co-own real estate that was once beyond their Projects by Category A developers like Godrej and Trump, on locations such as Golf Course Road and Golf Course Extension, names and markets that traditionally come with 8-figure price tags are now fractionally owned by individuals with contributions starting at ₹ 10 lakh. Attracting over 500 investors in just the first month is a remarkable achievement—especially in the luxury real estate space, where transactions typically move at a much slower pace. But this isn't luck. It's product-market fit. 'The ₹ 100 crore AUM mark validates what we believed from day one: that Indian investors are hungry for smarter, more strategic ways to grow wealth,' says a senior executive at Per Annum. He further added that, 'Estates aren't just about real estate. It's about unlocking aspiration with structure.' Estates positions itself differently from legacy real estate ownership models. Where traditional buying focused on rental income and long-term holding, Estates is built on targeted value appreciation and timely exits. By focusing on under-construction projects in high-growth micro-markets, Estates allows owners to enter early when prices are low and upside potential is highest. In many of these micro-markets, properties have already seen 25–30% appreciation in under 12 months, driven by rapid infrastructure expansion, new corporate hubs, and surging housing demand. The fractional ownership model offered by Estates is structured through a Special Purpose Vehicle (SPV), which legally owns the underlying property. Every investor who buys a share becomes a partner in the SPV, ensuring clear ownership rights, legal transparency, and a streamlined exit process. Having surpassed ₹ 100 crore AUM in just a month, Estates by Per Annum has now set a bold new target: ₹ 500 crore by the end of next quarter. Fueling this growth are upcoming projects from reputed developers like Sobha, Godrej , and Birla—all strategically located in high-growth areas with proven appreciation potential. What makes this goal achievable is the robust foundation Per Annum has already built. With a user base of over 5 lakh investors , the company is well-positioned to capture demand from those seeking to diversify beyond traditional debt products. Estates emerges as a natural progression for these investors. Unlike conventional real estate players selling lifestyle and aspiration, Per Annum is focused on structured, returns-oriented access to premium real estate—making wealth creation smarter, more transparent, and accessible. For years, real estate in India felt out of reach—either a luxury few could afford or a capital trap that was hard to exit. Stocks offered speed but came with volatility. Gold was reliable, yet rarely rewarding. Estates offers a new alternative: a low-entry barrier, high-return model that gives investors access to premium real estate. No maintenance, no tenant issues, no resale struggles. Just smart, structured exposure. With targeted returns exceeding 50% over 2–3 years, the numbers may sound bold—but in the high-growth micro-markets Estates focuses on, they're realistic. The platform's disciplined property selection, pricing strategy, and early-stage entry model create the foundation for strong upside—executed with institutional-level exit planning. But the real game-changer? It empowers everyday investors—not just those with ₹ 10 crore in the bank, but those with ₹ 10 lakh and the vision to make it work. If the first month is any indication, Estates by Per Annum isn't just another product, it's a category in the making. With a ₹ 100 crore AUM in 30 days, 11 high-value units sold, and momentum building, Per Annum has tapped into something deeper than real estate: trust, timing, and aspiration, wrapped in structure. What used to be 'out of reach' is now just a few clicks away. Note to readers: This article is part of Mint's paid consumer connect Initiative. Mint assumes no editorial involvement or responsibility for errors, omissions, or content accuracy. Want to get your story featured as above? click here!
Business Standard
01-05-2025
- Business
- Business Standard
Luxury Real Estate from 10 Lakhs, Per Annum Estates offers Fractional Ownership in Ultra Luxury Properties
NewsVoir New Delhi [India], May 1: Real estate has long been one of the most trusted contributors to global wealth creation, whether through land or apartments. With rising modernization, the demand for luxury living has created opportunities to build billions in wealth for the ultra rich, while those without deep pockets watched from the sidelines. But a Delhi-based fintech platform called Per Annum has offered an innovative avenue to own premium real estate with an initial contribution of just Rs10 Lakhs, making this asset class accessible to a much wider audience through its new product called Estates. Estates offers co-ownership in high-value residential properties through fractional ownership. Instead of shouldering the entire cost of a property alone, multiple buyers come together to co-own it, each holding a legally recognised share. Ownership remains real, just reimagined for a new generation of starting contributions from Rs. 10 Lakhs, Estates model is designed for those who want a stake in India's fastest-growing property markets, without having to commit crores. The platform focuses on ultra-luxury developed by Grade A Developers in prime locations like Gurgaon, Mumbai, and Bangalore, selecting projects at early stages where appreciation potential tends to be strongest. The model isn't new globally, but in India, it's catching on fast. More people today want smarter access to premium assets, without the hefty paperwork, property maintenance, or financial burden of buying outright. Fractional ownership offers just that: legal rights, shared costs, and potential value growth over time. Unlike short-term rentals or time-share formats, fractional ownership is equity-based. Buyers are co-owners, not just temporary users. And as real estate continues to outperform traditional savings in many Indian cities, the appeal of capital appreciation, especially in luxury corridors. is drawing interest from professionals, business owners, and even first-time asset builders. Here's how it works: a legal entity acting as a Special Purpose Vehicle (SPV) is formed, which acquires the asset. The co-owners become part of the SPV, and the SPV is responsible for maintaining the asset. To generate profits, the SPV eventually sells the asset once targeted growth milestones are achieved, distributing the proceeds among all the co-owners. This model enables individuals to gain ownership exposure to prestigious locations like Golf Course Road, thereby allowing wealth creation through value appreciation. Fractional ownership models like Estates are reshaping access to luxury real estate properties that once seemed out of reach for the majority, and are now becoming attainable through structured and regulated ownership formats that broaden participation beyond the traditional elite. As cities grow taller and property prices climb higher, new models like Estates are redefining what it means to own real estate in India. The future of luxury property ownership may not be about acquiring entire homes, but about holding a share in carefully selected assets that are positioned for long-term appreciation.
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Business Standard
24-04-2025
- Business
- Business Standard
Max Estates acquires stalled 'Delhi One' project, to invest ₹1,400 crore
Realty firm Max Estates Ltd on Thursday announced it has taken over the stalled 'Delhi One' project in Noida through the insolvency process and will invest ₹1,400 crore to develop this mixed-use a regulatory filing on Thursday, Max Estates said it has taken over Boulevard Projects Pvt Ltd to revive Delhi One project in Noida, after 7 long years of Estates said it has successfully completed the acquisition of 100 per cent equity share capital of Boulevard Projects Pvt Ltd by way of allotment of 34,000 fresh equity shares to the company and its nominees, effective April 23, 2025. ALSO READ: Focused on becoming clear number 2 brand in NCR: Max Estates' Sahil VachaniThe project is an integrated mixed-use development that will have ultra-luxury serviced residences, premium office spaces, and retail Estates had received final approval from NCLT and NCLAT on February 2023 and October 2024, respectively."The company is acquiring the Delhi One Project pursuant to a Resolution Plan, and the total capital commitment, including settlement of outstanding liabilities, is estimated to be ₹1,400 crore," Max Estates strategic acquisition offers a significant development potential of about 2.5 million square feet, inclusive of already sold units."The project is expected to generate a total sales potential of approximately Rs 2,000 crore, along with an annuity rental income potential of around ₹120 crore," Max Estates company said the acquisition of this stalled project is in line with its strategy to expand real estate Estates has developed a few office complexes in Delhi-NCR and has entered the residential segment as well.
BBC News
08-03-2025
- Business
- BBC News
Billingham's West Precinct to be demolished in town centre plan
Proposals to demolish a shopping precinct and build new homes and business facilties, as part of a £20m town centre redevelopment plan, have been Estates applied for permission to pull down West Precinct, the Kingsway West multi-storey car park and buildings on Queensway in Billingham, to make way for new development. The redeveloped area will eventually include 160 new homes, new commercial space, as well as improved urban infrastructure and dedicated public spaces. In its planning statement, Evolve said the demolition of "largely vacant, tired and dated buildings" would pave the way for a "more attractive, modern and fit-for-purpose" town centre in Billingham. Stockton Council planning committee was told the application was the first phase of a masterplan, drawn up after the authority received £20m in Levelling Up funding from the government in November funding was subsequently confirmed by Chancellor Rachel Reeves in the Autumn budget in 2024 The proposed new development also includes a ground-floor car park with 182 spaces, according to the Local Democracy Reporting Li Wah Chinese restaurant, Astronaut pub and Billingham Boxing Club are set to be moved under the proposals. Speaking at the planning meeting, Labour councillor Norma Stephenson said: "The residents of Billingham have waited long enough for this - let's get on with it."Fellow Labour councillor Barry Woodhouse concurred: "Let's get it agreed and get the bulldozers in."But Conservative councillor Lynn Hall called the plans "a bit hotch-potch". "The detail is so lacking, I feel. We're just giving a carte blanche to get on with it, and I'm not convinced the consultation has been as solid as it, perhaps, should have been."The committee voted to approve the plans with conditions. The next phase is expected to focus on the 160 new homes, with a planning application to follow later this year. Follow BBC Tees on X, Facebook, Nextdoor and Instagram.
