Axis ecorp
Axis ecorp

News

Axis Ecorp collaborates with FOIC & Moneytree Realty, Targets Rs 100 crore in fractional ownership sector

20 August 2024
Axis Ecorp collaborates with

Axis Ecorp has partnered with FOIC and Moneytree Realty, marking its entry into the fractional ownership market. This collaboration represents a key milestone for Axis Ecorp, presenting a unique investment opportunity for discerning buyers.

Through this partnership, Axis Ecorp will introduce its first offering of luxury suites in the sought-after North Goa area, near the rapidly growing MOPA region. This exclusive opportunity allows investors to own a share of these premium suites, making luxury living more accessible in one of India’s most desirable locations. The subscription window will be open for a limited time, available only to the first 200 subscribers. FOIC will manage the property, ensuring top-tier service and maintenance, while Moneytree Realty will lead the acquisition of subscribers.

The fractional ownership model is rapidly gaining traction in India, providing investors with a cost-effective way to own high-value assets. According to a recent report by property consulting firm JLL, the fractional ownership market in India is projected to grow over ten times and exceed $5 billion by 2030. Axis Ecorp aims to leverage this burgeoning trend, targeting revenues of up to Rs 100 crore through this initiative within the current financial year. With three additional lots planned, the company is committed to democratising access to luxury real estate.

The luxury suites offered by Axis Ecorp in North of Goa are strategically located in a region that is rapidly emerging as a key growth centre. The new MOPA International Airport is poised to significantly enhance the area’s connectivity, making it a prime location for real estate investment. This influx of domestic and international tourists, combined with North Goa’s natural beauty and rich cultural heritage, is driving a surge in demand for luxury properties, further amplifying the investment potential of this project.

Aditya Kushwaha, CEO & Director of Axis Ecorp, commented on this partnership, stating, “Axis Ecorp has always been at the forefront of innovation in the real estate sector. With this fractional ownership model, we are not just selling luxury suites; we are offering a dream lifestyle and a solid investment opportunity to every aspiring homeowner in the tourism capital of the country.”

Sachin Arora, founder & director of Moneytree Realty, shared his thoughts, “As fractional ownership gains momentum in India, Moneytree Realty is committed to offering its customers valuable investment opportunities. Partnering with Axis Ecorp on this groundbreaking initiative allows us to bring a unique and high-return investment in luxury real estate to the forefront, ensuring our subscribers benefit from this emerging trend.”

Tarandeep Singh, director at FOIC, added, “Our expertise in property management ensures that investors will benefit from top-notch maintenance and service. We are eager to expand further into the fractional ownership space with this and other projects.”

Enquire Now Tap To Call