What is a BRIK?
1/11th Fraction of Premium and Luxurious real estate assets through which every BRIK- owner is benefitted from income generated, value appreciation and enjoy exclusive usage and exchange right!
Fractional Ownership of private Residential Assets simplified with our Innovative
'BRIK MODEL'
Smooth, Transparent & Secure way of Owning Properties.
High End Analytics
With the use of highly curated data we value the listed property and divide into 11 units & each unit is Termed as BRIK.
Recorded Inclusivity
Every BRIK includes Property Cost Legal & Stamp duty GST & Service Fees Furnishings & Overheads
The value of the BRIK depends upon the value of the listed unit. The BRIK ensures security of the fund invested as well as provides easy liquidity option after the lock-in period.
Value Proposition & Secure
Every offering in our list makes its way through a very detailed and highly precise process. We look upon a number of factors devised by our decade long expertise before putting up an offering so that you get the most genuine and worthy property buying opportunity. The list of factors taken into consideration are Property PE ratio, Growth Trend of location, vicinity features, Safety etc.
Organic Acquisition
Our Team uses Modern Scientific and Analytical approach to generate financials and forecast future growth in both yields and property value. We perform a thorough due-diligence of the property, scrutinizing all documentation before validating it as an offering.
Due Diligence
Modification
We work on our Vertical Integration model which holds in-house tie ups of Services like Furnishing and Modernization so that every listing is raised to a standard which provides a Cleaner opportunity of Higher Rental Yield and Capital Growth.Fully furnished Asset with all modern day essentials are made available to the Asset which makes it a perfect choice to Own.
Professional Management
Our Team includes professional in-house property and asset management so investors are freed from time-consuming tasks and decision. Our third party fund administration ensures that investors' capital is where it should be. We provide access to an investor dashboard for easy monitoring of investments. The BRIK you own ensures that your redemption is never less than the the Amount you Invest thus acting as a shield of Security.
Financials
In our typical waterfall structure, we do not reap benefits until all investors have received their initial capital and their preferred return. You invest, BRIK itt! does the rest.
​
How Does it Work?
We have a very Innovative Business Model to support our vision & to boost your net worth.
Process & benefits to own the BRIK
Owning a BRIK is very a easy task as most of it handled by our professionals.
It also comes with a number of benefits .
The Fraction
The Fractional Ownership of properties by the BRIK model divides it into 11 equal shares. The fractions are created in such a manner to ensure the Owners get maximum usage rights and optimum rental yields for a financial year.
Powerful Liquidation
Every property is sold only if more than 6 BRIK owners are willing to liquidate, until then management of the property is done by us. Still, as mentioned clearly it gives total security of liquidation, Every owner is free to deal with his BRIK in any manner after completion of the lock-in period. The BRIK insures he get the desired returns at the time of liquidation, which can never be less than the initial investment. The Owner is free to do anything with his own BRIK like Sell it, Use it, Redeem it, Mortgage it, Gift it, Transfer it assuring him of total freedom.
Ownership Funnel
Once all the BRIKs are sold, every owner is made a share holder of a SPV(Special purpose vehicle) through which they own thier property managed by BRIK itt!.
Returns and Tracking
Rental & other Benifits are directly transferred to the owners after taxation. Everything related to the property from its current value to rental updates to total gains is stored in these digital BRIKs which can be easily accessed and tracked on our online dashboard
Our Fees
Conveyance fee
We Charge a one time Conveyance fee for transactions and varies from BRIK to BRIK.
​
Hurdle fee
We Charge 25% profit share on capital gains only after we have met your minimum growth rate of 11% YoY for you.
​
Management fee
A management fee is charged for the upkeep of the team aligned for property management and varies for BRIK type.