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Fracspace launches mobile app for fractional investment

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Fracspace launches mobile app for fractional investment
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4 Jun 2024 8:45 AM IST

City-based Fracspace, a proptech startup launched a mobile application for fractional investment and ownership in the real estate sector. The platform lets users invest in a property, post which a dedicated housekeeping team, and round-the-clock concierge service is provided. Frac-owner also gets access to integration and earning rights, including rental earnings, asset appreciation, and assistance in reselling individual fractions directly through the app.

“Fracspace’s app launch signifies a step towards democratising real estate ownership, making it accessible to a wider customer base while upholding standards of transparency and innovation,” said Unnath Reddy, the Managing Director of Fracspace. “We are pleased to come up with a solution where everyone can own a piece of their dream property, one fraction at a time,” Reddy added.

The MD further said that the app is poised to transform the real estate industry by offering a new paradigm of ownership, and investment opportunities for individuals aspiring to build a diversified portfolio across the world. The app lets users to actively engage in the management of their properties, from marketing units for rent to overseeing maintenance and handling financial transactions.

Fracspace Proptech Startup Fractional Investment Real Estate Sector Mobile Application Housekeeping Team Concierge Service Asset Appreciation Investment Opportunities 
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