SEBI MSM REIT Regulations Explained with Mr. Shiv Parekh of hBits | Concrete Conversations S3E5

Amongst emerging trends within the last 5 years, Fractional Ownership has become a popular concept to democratize Real Estate ownership for investors in India. According to a recent report from Knight Frank, the market for fractional ownership in India is projected to grow from $5.4 billion in 2020 to $8.9 billion in 2025.
As this space grows, SEBI has recently approved the framework for Medium, Small and Micro REITs, with the aim of formalizing this sector to protect investors and standardize best practices across the Fractional Ownership Space.
To talk to us about these regulations, the fractional investment process and the future of such MSM REITs, we have with us today the Founder and CEO of the fractional ownership platform hBits, Mr. Shiv Parekh.
After a BS in Engineering Physics from Stanford University and an MBA from Harvard Business School, Mr Parekh is no stranger to real estate entrepreneurship, having founded WorkLoft in 2015, then one of India’s first few Coworking players. In 2018 he founded HBits, as one of the first players in the fractional ownership space in India. Today, hBits has AUM of approximately 310 crore INR from their 10 existing properties, and more than 90,000 registered users on their platform.
So get ready for some Concrete Conversations!
Follow the hosts on Instagram:
Yash's Instagram: / jumpform
Akshay's: / kapz_99
And stay tuned for more Concrete Conversations!
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[@gopalnarang134]

We can now do a follow up session as the sebi notification is out now it will give a fair idea

[@sourabhwadhwa05]

Which platform out of all is providing the facility to invest in fractional ownership for min of 10L?