A Slice of Indulgence
Business Today India|November 26, 2023
THE FRACTIONAL OWNERSHIP MODEL FOR LUXURY ASSETS IS BOOMING IN INDIA AS HNIS INCREASINGLY SEEK A HASSLE-FREE PREMIUM EXPERIENCE
ARNAB DUTTA
A Slice of Indulgence

WITH THE RAPID rise in mobility and leisure travel post-pandemic, India’s fractional ownership market is increasingly becoming mainstream. And while fractional ownership has been a sizeable market in economies like the US, the UK, and China—all boasting of large pools of the global rich—the market in India was niche till recently. That, however, is changing fast.

In recent years, the domestic luxury market has witnessed a shift with the emergence of fractional ownership—that allows individuals to invest in expensive assets, such as real estate, private jets, yachts, etc., by dividing their ownership cost into more affordable shares. Also known as co-ownership, it allows multiple investors to benefit from their share in any appreciation in market value and rental revenue of an asset.

A significant portion of investments in this model is flowing into the residential and commercial real estate market by way of fractional ownership platforms. Such ventures provide the average high-networth investor a relatively economical entry into assets that are otherwise dominated by wealthier counterparts. The hassle-free model is helping owners overcome the constraints of sole ownership—that is bogged down by large investments, complicated paperwork, a lack of transparency, and management concerns. Besides, fractionally owned properties often have professionally managed finances, maintenance, and legalities. These perks are further driving the trend by providing a hands-off investment experience to owners.

この記事は Business Today India の November 26, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Business Today India の November 26, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

BUSINESS TODAY INDIAのその他の記事すべて表示
The EV Craze
Business Today India

The EV Craze

The country’s growing luxury car market is seeing a shift with environmentally-conscious consumers betting on electric vehicles as a sustainable travel option. Though just 6%, the share of EVs in the luxury segment is rising rapidly

time-read
5 分  |
November 10, 2024
The Storage Boom
Business Today India

The Storage Boom

Data centres are being built at a frenetic pace in india as companies scramble to meet the ballooning demand from mobile phone users and firms adopting al. Can the country’s energy infrastructure keep up?

time-read
8 分  |
November 10, 2024
India Beckons
Business Today India

India Beckons

Owing to rising incomes in India and overall wealth expansion, luxury brands are wooing the country like never before

time-read
4 分  |
November 10, 2024
The Pearls of The Sea
Business Today India

The Pearls of The Sea

Caviar, that rare food, is considered the epitome of fine dining. Here is everything that you need to know about it

time-read
4 分  |
November 10, 2024
66.Brand persona should define the core"
Business Today India

66.Brand persona should define the core"

I’d say this was a strategic pivot. We had an iconic brand, but had, over time, evolved into diversified lines of businesses that could no longer be represented within the confines of our ‘name’.

time-read
1 min  |
November 10, 2024
Unwind in Style
Business Today India

Unwind in Style

Here is acomprehensive list of top tech picks that help you unwind by blending perfection in performance with luxury

time-read
3 分  |
November 10, 2024
A Lifelong Affair with Inspiration
Business Today India

A Lifelong Affair with Inspiration

In my art journey, the diversity of my acquisitions mirrored the expanding horizons of my understanding of art

time-read
3 分  |
November 10, 2024
Make it Bubbly
Business Today India

Make it Bubbly

Champagne is much more than just a symbol of celebration and success. Know about its nuances beyond the bubbles

time-read
4 分  |
November 10, 2024
Palatial Splendour
Business Today India

Palatial Splendour

Buoyed by renewed demand, sales of the glitzy mansions of the ultra-rich are surging like never before. Real estate majors are looking to capitalise on this by launching luxury offerings in record numbers

time-read
7 分  |
November 10, 2024
Of Beaches and Cream
Business Today India

Of Beaches and Cream

GianChand Single Malt Whisky

time-read
1 min  |
November 10, 2024