Product Management Intern
Indians love property, and it is a safe asset to invest in. But investing in real estate typically requires HUGE amounts of money, locking out most investors. Real Estate prices have drastically increased in the last 10 years, with almost 180 million young buyers aged between 25 and 35 priced out of property ownership.
We have setup the financial structures using a Special Purpose Vehicle (SPV) based model in which many small investors come together to contribute small amounts towards a specific project development.
PropChunk CrowdInvesting, is bringing Real Estate Crowdfunding in India via Fractional ownership of Real Estate. PropChunk enables the average middle class investor to invest in real estate with amounts as little as Rs. 1 Lakh and yet gain superior returns. It's just like investing in a financial instrument, except with way more returns and appreciation potential.