Own Anything, At Least In Part

It’s been more than two decades Rihaan Gupta started building up his assets portfolio brick by brick. He kept a hawk eye on the markets to select sectors where to invest his money for the best returns. By the time he turned 40, he had a house to his name and a good investment spread meticulously across equities, debt and other physical assets like gold and jewellery. That was quite a success yet, some dissatisfaction kept gnawing him. Commercial properties drew his attention for quite some time. Such properties were fetching high returns in metros. But Rihaan wasn’t rich enough to buy an entire property in a prime location. A few years back, he heard of fractional ownership which would make him a part-owner of the property against an investment of only a few lakhs. These are just papers that he can sell in the future, and these promises to earn him handsome returns and...