Fractional ownership, also known as shared ownership, is a concept that has been gaining traction in India over the past few years. The idea behind fractional ownership is simple - a group of individuals pool their resources together to buy an asset, such as a property, a yacht, or a private jet, and share ownership of it.

In India,  fractional ownership  has become popular in the real estate sector, where high property prices have made it difficult for individuals to buy homes outright. With fractional ownership, multiple buyers can share ownership of a property, which means that each buyer can own a percentage of the property, based on their investment.

Fractional ownership has several benefits, both for buyers and for asset owners. For buyers, it allows them to invest in high-value assets that they would not otherwise be able to afford, while still enjoying the benefits of ownership. For asset owners, fractional ownership allows them to maximize the use of their assets, while still retaining ownership.

One of the biggest advantages of fractional ownership is that it allows buyers to spread their investment across multiple assets. This helps to reduce risk, as buyers are not relying on a single asset to generate returns. Additionally, fractional ownership allows buyers to access high-quality assets that they may not be able to afford otherwise, such as luxury villas or apartments in prime locations.

Another benefit of fractional ownership is that it allows buyers to share the cost of maintenance and upkeep of the asset. This means that buyers can enjoy the benefits of ownership without having to worry about the day-to-day maintenance of the asset. Additionally, fractional ownership can provide buyers with access to additional services, such as concierge services, housekeeping, and maintenance, which can further enhance the ownership experience.

In India, fractional ownership is still a relatively new concept, and there are some challenges that need to be addressed. One of the main challenges is around legal and regulatory frameworks, which need to be developed to support the growth of fractional ownership in the country. Additionally, there is a need for greater transparency and standardization in the sector, to ensure that buyers are fully aware of the risks and benefits of fractional ownership.

Despite these challenges, fractional ownership is gaining popularity in India, and is expected to grow in the coming years. As more buyers become aware of the benefits of fractional ownership, and as more assets become available for shared ownership, the sector is likely to see significant growth.

According to a report by Colliers International, the fractional ownership market in India is expected to grow at a compound annual growth rate (CAGR) of 18% between 2021 and 2025. The report also highlights that fractional ownership is becoming popular not only for high-value assets such as real estate, but also for other assets such as luxury cars and yachts. Additionally, the report notes that fractional ownership is attracting interest from a wide range of buyers, including high net worth individuals, family offices, and even millennials who are looking for flexible ownership options.