Strata completes sale of Jaipur warehousing asset for ₹23.25 crore

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Strata, a commercial real estate investment platform, said on February 14 that it has sold its warehousing asset in Jaipur for 23.25 crore providing full exit to investors within a period of over two years, the company said.

Strata, a commercial real estate investment platform, said on February 14 that it has sold its warehousing asset in Jaipur for <span class=
Strata, a commercial real estate investment platform, said on February 14 that it has sold its warehousing asset in Jaipur for 23.25 crore providing full exit to investors within a period of over two years. (Picture for representational purposes only) (Pixabay)

With this sale, Strata, a fractional ownership platform (FOP), has offered a 100% exit to its investors. The asset, spanning 88,000 square feet, represents Strata’s first successful sale with substantial Return On Investment, the company said.

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Launched in 2021, the warehouse asset named ‘Jaipur Opportunity’, was acquired for 20.9 crore and has appreciated by 5.72% CAGR, with the final valuation at 23.25 crore at the time of sale, the company said.

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“This successful exit not only meets but surpasses investor expectations, strengthening confidence in Strata and fractional ownership as an alternative investment. Our commitment to maintaining investor interests through research-driven flexibility underscores our dedication to transparency, innovation, and maximizing returns,” said Sudarshan Lodha, co-founder and CEO of Strata.

This achievement underscores Strata’s focus on creating a robust new asset class of fractional ownership in India, thereby democratizing access to high-end CRE investment.

Through its tech-enabled platform, Strata has over 100,000 members worldwide, including over 3,000 investors who comprise NRIs, HNIs/UHNIs, family offices, top management from Fortune 500 companies, and institutional investors.

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Strata is funded by marquee investors like Kotak Investment Advisors, Gruhas Proptech, Elevation Capital, Mayfield India, and others.

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