Startup Propcatalyst, which facilitates fractional ownership of commercial assets, will introduce properties worth Rs 200 crore for investors looking at rent yielding real estate.
The company plans to increase its assets under management (AUM) to Rs 250-300 crore this year from the current Rs 100 crore. It has facilitated investors in acquiring commercial assets in Mumbai and Raipur.
Propcatalyst identifies rent yielding commercial real estate assets like office buildings and warehouses, and then offers them to investors for having fractional ownership. The assets are being managed by the startup for which it charges some fees.
Ankush Ahuja, Co-founder, Propcatalyst said, "Our prime focus for our investors is to help them earn handsome returns through right exit strategy for our assets." It helps investors earn better yields through rental income and capital appreciation of the property.