Per Annum launches ‘fractional real estate investment’ in Bengaluru

Delhi-based investment platform, Per Annum, has introduced its fractional real estate product, Estates, in Bengaluru. This new offering allows investors to co-own high-end residential properties, with investments starting as low as Rs 10 lakh. The platform opens up access to prime real estate that was once limited to high-net-worth individuals.

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What is Fractional Ownership?

Fractional ownership is a growing investment model in India where multiple people combine their resources to buy a property. This means instead of having to purchase an entire property, investors can own a share, making premium real estate more affordable.

Per Annum has made this process simpler by cutting out intermediaries and directly connecting investors with property developers. This model is already successful in cities like Gurugram, where Estates offered projects such as Trump Towers and Astra by Godrej Properties.

Expansion in Bengaluru

The launch in Bengaluru follows the platform's success in other cities. Estates's Bangalore portfolio includes luxury developments like Birla Evara on Sarjapur Road and Mahindra New Haven on Hosur Road. Each project offers 5–7 units for co-ownership, with a minimum investment of Rs 10 lakh per person. The total investment across these projects in Bengaluru stands at Rs 100 crore.

Growth and Future Plans

Since its launch, Estates has quickly grown. The platform reached Rs 100 crore in assets under management (AUM) within just a month and now aims to hit Rs 500 crore. So far, it has crossed Rs 250 crore in AUM.

With an average of 70–80 investors per property, the platform has proven that fractional ownership can democratize access to valuable real estate investments in India.