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India's leading proptech platform, Strata, specializing in fractional investments in commercial real estate (CRE), has achieved a landmark by crossing Rs. 1300 crores in assets under management (AUM) in 2023. Ambitiously eyeing an AUM of Rs. 2000 crores by the end of fiscal year 2023-24, Strata positions itself as a trailblazer in the sector. The platform's strategic expansion into western states, including Maharashtra, Rajasthan, and Gujarat, aims to capitalize on emerging markets and unlock new opportunities.
Over the past eight months, Strata has demonstrated exceptional growth, with transactions and AUM surging by approximately 50%, from Rs. 850 crores to over Rs. 1300 crores. This success is accompanied by an impressive 100% increase in its investor base, exceeding 3000, and attracting more than 80,000 active users to the platform. Strata's proactive approach and commitment to client-centricity and risk mitigation have propelled its leadership in introducing fractional ownership to India's retail investors.
CEO Sudarshan Lodha expresses confidence in Strata's future momentum, citing optimism in light of recent amendments by SEBI related to Small and Medium Real Estate Investment Trusts (REITs). Embracing SEBI's commitment to regulate such REITs, Strata pledges adherence to forthcoming guidelines, aiming to become the first proptech company to surpass the Rs. 2000 crore transaction mark. This aligns with the platform's dedication to instil confidence and a positive outlook within the fractional ownership space, attracting interest from retail investors, developers, and institutional investors.
Recognizing the growth potential in tier II markets, Strata strategically expands into emerging commercial locations, including Pune's Hinjewadi, where it closed a notable transaction worth Rs. 110 crores. Extending its reach to western India with upcoming assets in Pune and Jaipur, Strata demonstrates a commitment to unlocking opportunities in previously unexplored markets, providing investors with potential robust returns.
The platform's innovative tech-driven solutions empower retail investors, making commercial real estate accessible to a broader audience. Strata's core mission revolves around transparency in the investment process, offering a diverse range of properties and locations. By placing decision-making power in the hands of investors, Strata reshapes the dynamics of commercial real estate investment, ensuring informed choices.
With over 80,000 users globally, including more than 3000 investors, Strata's investor base comprises NRIs, HNIs, family offices, top management from Fortune 500 companies, UHNIs, and institutional investors. This global appeal and success solidify Strata's position as a leader in the commercial real estate investment landscape, poised for continued growth and innovation.
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