360 Realtors to acquire 2 lakh sq ft of commercial and retail space
Real Estate

360 Realtors to acquire 2 lakh sq ft of commercial and retail space

360 Realtors, a real estate advisory company, is in discussion to obtain 2 lakh sq ft of commercial and retail space for Rs 200 plus crore for a fractional ownership platform.

The firm has already obtained a 20,000 sq ft of retail space at a Gurgaon mall for Rs 25 crore.

360 Realtors founder Ankit Kansal told the media that they would list the property for raising money from investors and are presently targeting at least 10 properties in NCR.

As per JLL, fractional ownership is a new way of investment in commercial real estate and has created comprehensive rebranding in the real estate sector.

While the idea of fractional ownership in real estate has been accepted in the US and European markets for a long time, it is now getting momentum in India.

The commercial realty asset class has been the playground for big institutional investors for years and is getting momentum as an investment avenue for the ambitious middle class and retail investors.

The asset size they are aiming at would be between 20,000-50,000 sq ft as it will be simple to exit. Later on, they will add warehousing also as demand for it has surged due to Covid-19.

The firm additionally aims to raise Rs 500 crore to finance delayed residential projects in 2022.

The AIF will acquire realty inventory in bulk in stressed real estate projects. The fund is being distributed by prominent wealth managers and investment bankers.

While in residential, they aim to get last-mile funding for stalled projects and achieve it, in the commercial sector, they will only concentrate on fractional ownership.

Image Source

Also read: Sunrays Infra to build 1.4 lakh sq ft commercial space in Haryana

360 Realtors, a real estate advisory company, is in discussion to obtain 2 lakh sq ft of commercial and retail space for Rs 200 plus crore for a fractional ownership platform. The firm has already obtained a 20,000 sq ft of retail space at a Gurgaon mall for Rs 25 crore. 360 Realtors founder Ankit Kansal told the media that they would list the property for raising money from investors and are presently targeting at least 10 properties in NCR. As per JLL, fractional ownership is a new way of investment in commercial real estate and has created comprehensive rebranding in the real estate sector. While the idea of fractional ownership in real estate has been accepted in the US and European markets for a long time, it is now getting momentum in India. The commercial realty asset class has been the playground for big institutional investors for years and is getting momentum as an investment avenue for the ambitious middle class and retail investors. The asset size they are aiming at would be between 20,000-50,000 sq ft as it will be simple to exit. Later on, they will add warehousing also as demand for it has surged due to Covid-19. The firm additionally aims to raise Rs 500 crore to finance delayed residential projects in 2022. The AIF will acquire realty inventory in bulk in stressed real estate projects. The fund is being distributed by prominent wealth managers and investment bankers. While in residential, they aim to get last-mile funding for stalled projects and achieve it, in the commercial sector, they will only concentrate on fractional ownership. Image Source Also read: Sunrays Infra to build 1.4 lakh sq ft commercial space in Haryana

Next Story
Real Estate

Signature Global Prime Earns IGBC Platinum Certification for Sustainability

Signature Global (India) has achieved IGBC Platinum certification for its affordable housing project, Signature Global Prime, in Sector 63A, Gurugram. This milestone makes it one of the few affordable housing projects in India to earn the prestigious recognition.Spread over 5.7 acre, Signature Global Prime consists of 817 residential and 118 high-street retail units. The project advanced from Gold to Platinum certification by excelling in energy efficiency, water conservation, eco-friendly materials, and sustainable design.Lalit Aggarwal, Co-founder & Vice Chairman, stated, ""This achievem..

Next Story
Real Estate

Merino’s Special Laminates: Redefining Modern Interiors

Merino’s Special Laminates offer a perfect blend of aesthetics, durability, and functionality, making them a preferred choice for architects and designers. With diverse textures, patterns, and finishes, these laminates cater to varied design preferences—from minimalistic to bold interiors.Diverse Product RangeMerino’s collection includes:Sampada: Traditional Indian-inspired patterns.Luvih: Satin-smooth, fingerprint-resistant matte laminates.Infusio: High-definition, vibrant surface designs.Laminature: Realistic natural textures.Metalam: Sleek metallic finishes.Tuff Gloss MR+: High-gloss,..

Next Story
Real Estate

Casagrand Millenia Acquires Wagholi Land for Rs 1.26 billion

Casagrand Millenia has acquired a 1.18-ha land parcel in Wagholi, Pune, for Rs 1.26 billion (bn), as per property registration records. The transaction, involving a stamp duty of Rs 88.2 million and a registration fee of Rs 30,000, was finalised in January 2025.Anand Moorthy, Co-founder and CBO, Capital Market & Services, Square Yards, said, “Pune’s eastern micromarket is emerging as the most dynamic commercial hubs, witnessing the highest office offtake in the city. This surge coupled with well-developed physical and social infrastructure, seamless connectivity via the Pune-Ahilya..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?