Due to the potential for significant profits and long-term appreciation, investing in real estate has always been a compelling idea for investors. Yet, it has historically been challenging for individual investors to participate in the commercial real estate (CRE) industry due to the high ticket size, data asymmetry, and high barrier to entry. The solution is MYRE Capital, India’s first Neo-Realty & Fractional Ownership Platform that is democratising access to institutional Grade Commercial real estate investment opportunities.
Traditional real estate investing has predominantly been the domain of high-net-worth individuals and institutional investors due to the large sums of money required to invest. MYRE allows investors to acquire fractional ownership of commercial buildings starting at Rs. 25 lakhs, making it more accessible to a wider range of investors.
MYRE Capital, which launched in October 2020, has swiftly grown to become India's largest Neo-realty platform, with an aim of reaching INR 1,000 crore in AUM (assets under management) in this calendar year 2023. The platform's AUM has already surpassed INR 275 Crs in a relatively short period of time, reflecting its rising appeal among investors. One of the primary benefits of MYRE is that it has successfully demonstrated that via its platform, the traditional barriers to entry have been eroded and today investors can access curated CRE opportunities.
MYRE's platform is developed on a proprietary technological platform that provides retail investors with real-time access to all facts and research. Investors may conveniently monitor their assets on the move, check rental income and payment data, and make investment decisions.
Furthermore, MYRE's property selection procedure is extremely thorough, with 150+ strict data points. As a consequence, just 1% of the properties are added to the site, assuring investors receive high-quality investments.
MYRE has over 27 years of industry expertise, making it a pioneer in India's fractional ownership category. The platform provides investors with simplicity by handling all of the compliance obligations and research needed in investing in commercial real estate.
We also have been successful in maintaining 100% on-time rental collection and disbursement to investors despite the pandemic, building a significant track record and repute for the platform. With more than 45,000 registered users, investors from more than 40 cities and 16 countries, and INR 275 Cr+ in assets under management,
Known for its pioneering work in the field of PropTech, MYRE is one of the fastest-growing companies in India. For its distinguished achievements, it has won many awards and accolades from the industry.
Finally, MYRE Capital is transforming the Indian real estate investment market by providing a straightforward and accessible platform for retail investors to engage in commercial real estate. Its patented technology, stringent property selection procedure, and experienced team make it a reliable platform for investors seeking to diversify their portfolios. MYRE is positioned for tremendous expansion in the next few years, with an increasing number of customers and assets under administration.
