Axis Ecorp, a prominent player in the premium holiday homes and second homes market, has announced a strategic collaboration with the Fractional Ownership Investment Community (FOIC) and Moneytree Realty to enter the fractional ownership segment. This initiative will generate up to Rs 100 crore in revenue within the current financial year.
As part of this partnership, Axis Ecorp will launch its first collection of luxury suites in North Goa, near the rapidly developing MOPA region. This offering allows investors to own some of these high-end suites, making luxury living more accessible in one of India’s most sought-after destinations. The subscription is limited to the first 200 investors. FOIC will manage the property, ensuring top-tier service and maintenance, while Moneytree Realty will lead the acquisition of subscribers.
Fractional ownership is gaining momentum in India, offering a cost-effective approach for investors to own high-value assets. A report by property consultancy JLL anticipates that the fractional ownership market in India will grow over tenfold, surpassing $5 billion by 2030.
Axis Ecorp aims to capitalise on this growing trend with plans for three additional lots, furthering its commitment to democratizing access to luxury real estate.
According to Aditya Kushwaha, CEO and Director of Axis Ecorp, the company sells luxury suites and offers a lifestyle and a lucrative investment opportunity in India’s tourism capital.
Sachin Arora, Founder and Director of Moneytree Realty, highlighted that this partnership brings a unique, high-return investment opportunity to the forefront, benefiting subscribers through this emerging trend.
Tarandeep Singh, Director at FOIC, emphasized that their expertise in property management will ensure investors receive exceptional service, signalling a further expansion into the fractional ownership space with future projects.
