Tag: property

  • Who Is the Largest Landowner in India After the Indian Government?

    Land ownership is a significant aspect of any country’s economy, and India is no exception. When it comes to land ownership in India, the Indian Government holds the largest share, as reported by Hindustan Times in 2017. However, an intriguing fact is that after the government, it is the Catholic Church of India, not the expected real estate moguls or industrialists, that owns the most land in the country. As a conglomerate of Christian trusts and charitable societies, the Church has a vast network, including bishops, priests, brothers, and sisters devoted to spreading the message of Christianity.

    In this article, we will explore the value of the land owned by the Catholic Church and delve into how they have amassed such extensive holdings throughout history. Additionally, we will address the various issues and considerations surrounding their land ownership. Join us as we uncover the fascinating aspects of this topic.

    Who Is the Largest Landowner in India?
    How Did They Manage to Amass These Lands?
    Issues Faced by the Catholic Church in India Regarding Ownership

    Who Is the Largest Landowner in India?

    The Catholic Church of India - Biggest Landowner in India after the government
    The Catholic Church of India – Biggest Landowner in India after the government

    The Catholic Church of India holds the distinction of being the largest non-agricultural landowner after the government. With numerous properties across the country, its total valuation amounts to a significant sum, approximately equivalent to India’s navy budget at that time (approximately 20,000 crore rupees). Additionally, the Catholic Church of India stands as one of the largest non-government employers in the country.

    This can be seen by the fact that the Catholic Church of India owns many properties spread across various parts of the country, be it Goa on the western side of India or, say, Kohima in Northeast India. The Catholic Church in India is governed by the Catholic Bishops’ Conference of India (CBCI) and is led globally by Pope Francis, the most influential Christian religious figure. As per a 2012 The Telegraph-Calcutta report, they have around 2457 hospital dispensaries, 240 medical or nursing colleges, 28 general colleges, 5 engineering colleges, 3765 secondary schools, 7319 primary schools, schools and 3187 nursery schools throughout India. It is the second largest owner of land in India after the Indian Government.

    They have also made forays into agricultural land. For example, in 2009, they acquired a plantation worth 123 crore rupees in Kerala.


    Top 10 Landowners in India
    Discover the largest landowners in India, including prominent individuals and influential entities that own vast tracts of land across the country.


    How Did They Manage to Amass These Lands?

    Velankanni Church in Tamil Nadu
    Velankanni Church in Tamil Nadu

    This is mainly through the Indian Churches Act of 1927, established by the British dominion back then. The British dominion leased the lands they had captured due to their various wars at cheap rates to help them spread Christianity to the masses. Through this, they managed to acquire land throughout India and opened various institutions, be it religious institutions, as mentioned above, to spread their message to the masses. The legality of the land is still debated.

    One specific tactic that is noticed in the land owned by the Catholic Church of India is while they do have land spread across various cities, they also tend to own religious institutions in small villages, and soon these institutions themselves become an epicentre, a revolving point around which the whole village operates, either directly or indirectly through say the hospitality business, travels or so on.

    A good example of this is the Velankanni Church in Tamil Nadu, about 150 km from Tiruchirapalli and 310 km from Chennai. While the small village is just around 5.5 square km, the whole village is dependent on a large church built specifically for Mother Mary, who gave birth to Jesus.

    This church has been one of the major reasons for the development of Velankanni as a whole, especially as a tourist destination. This theme can also be found in other parts of India, such as Andhra Pradesh and Chhattisgarh.

    Goa is a unique case altogether, considering it was a part of Portugal until 1961. The Portuguese gave them a lot of liberty to the Catholic Church as early as the 1500s, for example. One of the first Jesuit schools in India was established in 1542 at Goa by the name of St. Paul’s College. While it was stopped due to the 1578 plague, its ruins are still considered of paramount archaeological importance.

    Issues Faced by the Catholic Church in India Regarding Ownership

    Eduardo Faleiro
    Eduardo Faleiro

    The ownership of land assets by the Catholic Church in India has been a subject of scrutiny and contention, giving rise to several issues. One major concern is the legality of the Church’s land holdings. While the Government of India issued a circular in 1965 stating that leases granted by the British government would not be considered valid, there has been a lack of consistent enforcement of this directive.

    The lack of transparency surrounding the ownership of Church properties has also been a subject of concern within the Catholic community. Prominent Catholic politician Eduardo Faleiro has emphasized the need for a separate law governing Church properties and greater transparency in managing these assets. This highlights the ongoing discussions and efforts to address the transparency and legal aspects of Church property management.

    He strongly emphasized that he believes that “The Church is not a symbol of power but service, and democratic laws must apply to it equally”.

    The Catholic Church in India has also faced allegations of involvement in land scams. One notable incident occurred in 2018 when authorities from the Syro-Malabar Catholic Church, a specific sect within the Catholic Church in India based in Kerala, were accused of being engaged in transactions involving unaccounted or black money. Such cases have raised concerns about financial impropriety and the need for stricter measures to prevent fraudulent practices.

    Additionally, the sheer scale of the Church’s land ownership has raised questions about its social and economic implications. The Catholic Church of India is considered one of the largest non-government landowners, and the total valuation of its land assets is estimated to be equivalent to substantial sums of money. This concentration of land resources has prompted discussions on equitable distribution and the potential impact on local communities and development projects.

    The complex issues surrounding land ownership and management within the Catholic Church in India highlight the need for greater transparency, adherence to legal frameworks, and ethical practices. Efforts to address these challenges may involve implementing stronger regulations, promoting accountability, and ensuring fair and equitable utilization of land resources.

    Top 10 Landowners in the World

    Conclusion

    This article provides an overview of the Catholic Church of India’s status as the biggest landowner in India after the government. It explores the historical factors contributing to this ownership and sheds light on the legal and transparency concerns surrounding their land assets.


    60 Vacant Land Business Ideas To Make Money
    Wondering how to use your vacant land to make money? Here are listed 60 empty land business ideas to make money from. Read to know all.


    FAQs

    Who are the prominent landowners in India, apart from the government?

    Some prominent landowners in India, apart from the government, include:

    1. Catholic Church of India
    2. Indian Railways
    3. Indian Armed Forces
    4. Waqf board Property
    5. State Governments
    6. Corporate entities and industrialists
    7. Agricultural and farming communities
    8. Non-governmental organizations (NGOs) and trusts

    Who owns most land in India after the government?

    The Catholic Church of India is the largest landowner in India after the government. It owns roughly around 20,000 crore to 50,000 crore rupees of land.

    Who is the largest landowner in the world?

    Roman Catholic Church is the largest landowner in the world; it owns around 70 million hectares of land.

    How did the Catholic Church of India become one of the largest landowners in the country?

    The Catholic Church of India acquired land over many years through various means, including donations, purchases, and historical leases.

    How does the Catholic Church of India acquire and manage its land assets?

    The Catholic Church of India acquires land through donations, purchases, and historical leases. The management of its land assets is overseen by various trusts, societies, and church authorities.

    Yes, there have been legal and regulatory challenges regarding the ownership of land by the Catholic Church, including disputes over ownership, leases, and the validity of historical agreements.

    Who is the second largest property owner in India?

    Armed Forces are the second largest landowners in India.

    Who is the third largest owner of land in India?

    Waqf boards are the third largest landowners in India.

    How much property is owned by the Waqf Board?

    As of December 2022, the total number of Waqf immovable properties entered on the WAMSI portal is 8,65,646. Additionally, 3,53,850 Waqf properties have been mapped using GIS (Geographic Information System) technology.

  • Top 12 Creative Real Estate Marketing Ideas that Will Surely Attract Customers to your Business

    When you start a business, marketing is one of the most significant things that must be done. The entire survival of your dream business depends on the way of marketing. Proper marketing will not only bring you the right customers but will also help you in increasing your sales and building the name of your brand. It helps in building a long-term relationship with your customer.

    The same goes for property business as well; you need to form a proper marketing strategy so that clients can get aware of your property and will eventually buy it. Getting the right customer, especially for property businesses takes time and for that, the marketing game of your business needs to be extremely strong. In this article, we will discuss some of the best ways to market your property business, so let’s get into it.

    “Real Estate provides the highest returns, the greatest values, and the least risk.” –Armstrong Williams

    1. Build a Website
    2. Create Blogs
    3. Start Email Marketing Campaign and Newsletters
    4. Virtual Staging
    5. Use Instagram to Market your Property
    6. Use a Drone to Photograph your Property
    7. Employ Experiential Marketing
    8. Seek Social Media Influencers
    9. Use Television and Radio
    10. Ask for Referrals
    11. Build your Brand
    12. Create and Upload Videos of your Property
    FAQ

    1. Build a Website

    Build a website for your business
    Build a website for your business

    At a time we are living in, if your business is not online, then you are missing from the big game. Your online presence matter, as customers often search on the internet for the things that they need, even if it’s a property.

    So, creating a proper website for your business is the first step of online marketing, it will give the potential buyers an idea of what your business possesses and if they are interested in it. Keep updating properties on your website and add new contents, don’t put too many ads, it can backfire. Make it eye-soothing and informative.

    2. Create Blogs

    Creating a blog will give your potential client an idea about you and your business. Create content for your blog, give information about what real estate is all about, and add some interesting facts about real estate. If you want to attract more customers, use creative images for your posts. Link your website with your blog, so that they can find your business website easily.

    3. Start Email Marketing Campaign and Newsletters

    One of the best ways to make people aware of your business is by personally notifying them, and what’s better to do that than through email newsletters. Through email marketing, you can get email addresses and can send all the information related to your business, your blogs, and the properties that are waiting to get checked to the people who are interested through newsletters.

    4. Virtual Staging

    Virtual Staging
    Virtual Staging

    Thanks to the internet, anything and everything is possible online, instead of physically presenting the property and how it actually looks, you can give a sneak peek or an online tour of the said property to your customers and save time and money for yourself.

    5. Use Instagram to Market your Property

    There is hardly anyone that doesn’t use social media and among them one of the most popular is Instagram. Promote your property business on social media, create a page and upload the pictures and videos of your properties that are on sale. This way you can capture the attention of your potential buyers.

    6. Use a Drone to Photograph your Property

    Drones are the new obsession, they help capture the image of the entire area. If you use a drone to photograph then customers will also have an idea of the surrounding of your property. Plus this will give an elite feeling to your customers about their potential future home.

    7. Employ Experiential Marketing

    In experiential marketing, you can hold an event and invite people to take a tour of the property, that you’re willing to sell. Also, enlighten them about the process of buying your property. This will give them an idea of what is in front of them.

    8. Seek Social Media Influencers

    Hire Influencers
    Hire Influencers

    As the term already said, it is all about influencing people. On a small budget, you can actually attract the attention of thousands of people, select the platform that you think will be better for you, hire a social media influencer that you think is perfect for the job, and get ready to do the deed.

    9. Use Television and Radio

    To make people aware of your business put advertisements regarding that on television and radio. These two are the ultimate medium to advertise real-estate properties.

    10. Ask for Referrals

    Your customers are your best advertisers. The people who have brought properties from you, politely ask them for referrals. Try to build your network and ask your customers to refer your business to their friends, families, and acquaintances.


    26 Unique Ways to Market Startups
    Marketing is the key to make your products, the talk of the town. Let us see all the 26 unique ways to market startups.


    11. Build your Brand

    Create a logo and a brand name for your business. This way it will help your customers to identify and distinguish you from others and attract them to indulge themselves in your business.

    12. Create and Upload Videos of your Property

    Create Videos of the Property
    Create Videos of the Property

    Take some videos of the property that you’re trying to sell and upload those to your website and social media handles. This way, you will be able to attract potential customers through those clips.

    Conclusion

    Marketing is the soul of any business and when it comes to properties, its importance increases ten times. It is a big investment, so naturally, not everyone will be willing to do that, but with proper marketing ways, you can find your customers that are looking for their forever homes. With the right techniques, you can also sell them the property of their dream.

    FAQ

    What are some examples of marketing strategies in real estate?

    Create blogs, Build a website, Hire influencers to promote your brand, ask your customers for referrals, and employ email marketing.

    What are the 4 P’s of marketing in real estate?

    These four P’s of property marketing are People, Price, Promotion, and Product.

    How do you attract customers to buy the property?

    Personalize your social media, Communicate effectively and try to create a picture of the property using storytelling.

  • Strata – Now Fractional Ownership in Commercial Real Estate is Easy!

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Strata.

    Lack of access to data-driven insights and expertise often leads investors to make unsafe choices in the real estate industry. Sudarshan Lodha and Priyanka Rathore noticed this problem plaguing the industry in their span of careers in commercial real estate.

    Thus, Strata was born with the idea to democratize investment opportunities in CRE (Commercial Real Estate) and unlock value for investors, at scale. Strata’s goal is to achieve this with the in-depth real estate expertise and strong data analytics foundation through its fractional investment model.

    StartupTalky interviewed Sudarshan Lodha (Co-founder, Strata) to know the Success Story of Strata along with getting a glance on Strata Business Model, Funding, Revenue Model, How Strata Started and more….

    Strata – Company Highlights

    Company Name Strata
    Founders Sudarshan Lodha (CEO), Priyanka Rathore (COO/CTO)
    Headquarter Bangalore
    Sector Fractional Real Estate Investment
    Founding Year 2019
    Registered Entity Name Strata Property Management Private Limited
    Website link strataprop.com

    Lets go through the Journey of Strata

    Strata – About and Mission
    Strata – Founders and Team
    Strata – Ideation and Startup Journey
    Strata – Startup Launch and Customer Acquisition
    Strata – Products/Services and USP
    Strata – Name Meaning and Logo
    Strata – Business Model and Revenue Model
    Strata – Funding and Investors
    Future of Fractional Real Estate Investment
    Strata – Growth and Future Plans
    Strata – FAQs

    Strata – About and Mission

    Strata offers investors an opportunity to invest in premium commercial properties at affordable prices with data driven insights. Fractional ownership in commercial real estate provides platform where number of investors join together to invest in a real estate asset so that all of them can benefit from a share of the income that the asset generates, and any appreciation in the value of the property.

    Strata’s Mission – Accessibility, Transparency, Affordability in Commercial Real Estate (CRE) Investment


    NoBroker Success Story – Idea | Business Model | Revenue | Founders
    The content in this post has been approved by the organization NoBroker. Anything that has to do with real estate [/real-estate-startups-india/],specifically as a purchaser, is convoluted and annoying. The constant nagging bymiddlemen and sellers, lack of fluid communication, and running helter-s…


    Strata – Founders and Team

    Sudarshan Lodha (CEO) and Priyanka Rathore (COO/CTO) are the founders of Strata

    Strata Founders, Owners
    Strata Founders – Sudarshan Lodha and Priyanka Rathore

    Sudarshan Lodha (Co-founder & CEO, Strata)

    Sudarshan is the CEO of Strata and handles the forefront of the business. Sudarshan Lodha, a successful lawyer, brings over 9 years of leadership experience in real estate & private equity law, having successfully handled several complex legal cases and venture capital transactions, representing private equity deals worth over $1.4 billion.

    Priyanka Rathore (Co-founder & COO/CTO, Strata)

    Priyanka is the Co-founder, COO/CTO of Strata and takes care of the tech and operational bit of the company. Priyanka has over 8 years of experience in financial planning and analysis with D.E. Shaw and WeWork. As the lead real estate analyst, her in-depth understanding of deal economics and real estate portfolio management played a vital role in WeWork’s expansion in India.


    An insight into a Prop-Tech startup: Homzhub | StartupTalky
    The world of the startup ecosystem is backed by the investors who worktirelessly to ensure that the companies face no issues related to establishingtheir mark in the big stage. Well, one of the main areas of the startupecosystem is gaining popularity is the prop-tech startup circuit. Well, toda…


    Strata – Ideation and Startup Journey

    Strata’s journey began in 2019.  The idea for Strata came from the personal experiences of Sudarshan and Priyanka. Their career in the commercial real estate industry showed them that most investors in India were uncertain about investing in real estate. It is mainly because of lack of awareness, knowledge and inaccessibility of smart data in real estate that can help to decide on investments.

    In addition, when it comes to commercial real estate it is always seen as an investment category for investors falling in the top of the pyramid. This is where Strata’s fractional investment model and offerings come into play. It allows one to invest and own a share of prime commercial property at minimal capital.

    There were three ideas that Sudarshan and Priyanka had in mind regarding fractional investment –

    1. Reducing the high capital requirement – At Strata, the ownership of premium commercial properties are broken down into more easily investable portions or ‘fractions’ which come in small ticket sizes. Not only does this make commercial real estate more accessible, but it also means that an investor can diversify their investments across multiple properties and locations, thus reducing their risk.

    2. Brings in expertise – Finding the right commercial property to invest, takes time, resources, and ample expertise. Strata’s team scours hundreds of properties and measures over a dozen different parameters before zeroing in on one that has the best combination of yield, stability, and value appreciation.

    3. Improves liquidity – Owning to the easily transferable nature of the fractions, Strata brings liquidity to an otherwise rigid marketplace. Investors can list their fraction on its proprietary resale market, sell their holdings offline through a personal network or via Strata’s dedicated secondary window.


    Here’s how to start a real estate business in India | Startuptalky
    Real estate. This industry is all about interpersonal relationships. Numbers,statistics, data, and all other aspects of a typical business are renderedirrelevant unless you are skilled in bonding with people. Real estate deals withsome of the most important moments in a person’s life- like buying…


    Strata – Startup Launch and Customer Acquisition

    Word of mouth helped Strata acquire its first 100 investors. Strata’s business model is B2B, hence speaking to investors at personal level acquainted them to the idea of fractional investment whilst building confidence and trust in the brand. The concept of fractional investing is very big in USA and Europe and since the Strata team are bullish on B2B investment themselves, making these HNI investors understand the model was quite easy.

    Strata’s transparent and data driven business model has helped it a lot in retaining clients. Strata’s Dashboard tracking system helps investors to track their investments. It’s exclusive partnership with PropStack has helped it a lot in order to keep the transparency with the investors

    Strata – Products/Services and USP

    Fractional investment allows the ownership of a fraction of a property by the investor. It is a very popular type of investment avenues in the USA. Whereas, fractional investment is one of the fast evolving investment concepts in India. Many people in India still don’t know that they can own a premium commercial properties at an affordable pricing. There is a misconception that commercial properties are only for HNIs.

    Fractional investment solves the misconception and democratizes the ownership of premium properties in an inexpensive manner. Investors earn higher rental yields and much better capital appreciation in the commercial properties which is not possible in case of residential property investments.

    At Strata, the unique part of the business is that it is pure play backed by data. Data driven investment approach with insights on properties, locations, pricing and building specifications give a confidence and build trust among the investors. In addition to it the investment process are fully transparent in nature. Strata’s platform provides access to detailed reporting and fair pricing, declared upfront.


    List of Real Estate Startups in India
    Now a days, every startup provides services at your doorstep. You can haveanswers for all your problems with few clicks on internet. Now technology has made this easy. You can have all information related toproperty with few clicks on internet. Real estate industry is using enhancedtechnologies…


    Strata title is a form of ownership devised for multi-level apartment blocks and horizontal subdivisions with shared areas. The word “strata” refers to apartments being on different levels. Lots are either apartments, garages or storerooms and each is shown on the title as being owned by a Lot Owner.

    Strata Logo

    Strata’s logo represents a robust and stable shape enclosed with Strata’s initials, conceptualized from the floor plans of the opportunities offered for ownership and growth by the organization.

    Strata – Business Model and Revenue Model

    Strata’s business model is B2B. Strata’s foundation is based on strong data analytics through its fractional investment model. Fractional ownership in commercial real estate provides platform where number of investors join together to invest in a real estate asset so that all of them can benefit from a share of the income that the asset generates, and any appreciation in the value of the property.

    Strata’s Revenue model comprises of Management fee and profit share/performance fee.

    Strata gets 0.5% to 1% as an annual property management fee from the investors. The management fee is a monthly charge on gross rent enjoyed by the investors. It is designed to cover the management of the SPV(Special Purpose Vehicle i.e. a partnership firm formed among the investors) and its assets.

    Whereas the profit share/performance fee is payable on exit. This has been designed to reward investors, should the investment offered by Strata prove to be successful for the investor.


    Digital Marketing Strategies for Real Estate Agents
    Real estate is one of the most competitive markets on the planet. One of thebiggest challenges of being a real estate[/how-start-real-estate-business-india/] agent is to be found by homebuyers. Youmay be new to the industry or you may have some experience as an agent, andfinally want to establis…


    Strata – Funding and Investors

    Strata is backed by marquee investors SAIF Partners, Mayfield Ventures, and PropStack. It recently raised Rs 140 crore to acquire 3 pre-leased warehouses amidst the COVID-19 pandemic.

    Strata’s funding details are as follow-

    Date Amount Stage Investors
    March 2020 $1.5 Million Seed Round SAIF Partners, Mayfield India, PropStack
    September 2020 Rs 140 crore


    Indian Startups – Funding & Investors Data [February 2021 Updated]
    Ideas, creativity, and execution are essential for a startup to flourish. Butare they enough? A startup succeeds in the long run only if it can scale as andwhen required. Investors provide startups and other entrepreneurial ventureswith the capital—popularly known as “funding”—to think big, grow …


    Future of Fractional Real Estate Investment

    Strata’s founders’ view –

    Considering the current scenario, rising volatility of the equity markets, extended periods of low interest rates and assets failing to offer intended results are driving investors, especially the long-term ones in deploying their funds in the asset class that is more reliable and offer better returns. With more and more awareness on the benefits of investing in premium commercial real estate through fractional route will help the industry to grow.

    As a brand, Strata is focused on bringing in transparency and a data-driven approach to investments in real estate. Strata’s team is razor focused on growth and plan to cross 200 Cr. in AUM in 2021 and touch 1000 Cr. by 2022.

    We are thus aiming to create India’s largest tech-enabled real-estate investment platform with our fractional investment model – Says Sudarshan (Co-founder & CEO, Strata)


    NestAway Success Story – Business Model | Founder | Acquisitions | News | Funding
    Home rental has been a pretty rigid segment, particularly in India. Home ownershave qualms about hiring tenants and its not a smooth sail for the lattereither. Unrealistic advance deposit demands, lack of proper amenities andfacilities, and turbulent rental agreement fiasco are just some of the p…


    Strata – Growth and Future Plans

    Strata aims to create India’s largest tech-enabled real-estate investment platform with its fractional investment model. It plans to do this by expanding Strata’s partner base and by continuing to offer investors the best opportunities in commercial real estate. Strata’s team is razor focused on growth and plan to cross 200 Cr. in AUM in 2021 and touch 1000 Cr. by 2022.

    Additionally, the team is also excited about the strategic investment from PropStack as it will help Strata get exclusive CRE intelligence and analytics, which in turn, will allow it to have an edge over other platforms in the ecosystem. Strata have over 1,500 users and has over 150 active investors on the platform.

    Currently, Strata is operational in Bengaluru and Mumbai, It aims to create new investment opportunities in premium commercial properties and expand to other metro cities while strengthening the existing tech stack.

    “Strata is constantly innovating and something we hope to soon offer is the ability for investors to finance their investment with a personal loan” – Says Sudarshan.

    Strata – FAQs

    What is Strata?

    Strata offers investors an opportunity to invest in premium commercial properties at affordable prices with data driven insights. Fractional ownership in commercial real estate provides platform where investors join together to invest in a real estate asset and share the income that the asset generates.

    Who are the founders of Strata?

    Sudarshan Lodha (CEO) and Priyanka Rathore (COO/CTO) are the founders of Strata

    What is fractional ownership in real estate?

    Fractional ownership in commercial real estate provides platform where number of investors join together to invest in a real estate asset so that all of them can benefit from a share of the income that the asset generates, and any appreciation in the value of the property.

    How does Strata make money?

    Strata’s Revenue model comprises of Management fee and profit share/performance fee. Strata gets 0.5% to 1% as an annual property management fee from the investors. The profit share/performance fee is payable on exit.

    Who is the CEO of Strata?

    Sudarshan Lodha is the co-founder and CEO of Strata.

    When was Strata founded?

    Strata was founded in 2019, Bangalore.