Mirvac Pallonji Immobiliare Fractional Ownership Investment FAQ

To invest through Mirvac Pallonji Immobiliare FrancOwn, follow these steps:

  1. Registration and KYC:
    • Register on the Mirvac Pallonji Immobiliare FrancOwn Platform.
    • Complete KYC formalities.
    • Verify and link your personal bank account on the Mirvac Pallonji Immobiliare FrancOwn Platform. Multiple bank accounts can be linked as long as they belong to you, not to friends or family.
  2. 3-in-1 Account Setup:
    • Obtain a Unique User ID & Trading Account.
    • Create a Virtual Bank Wallet.
    • Create a Virtual SQFT Wallet.
  3. Funding Your Wallet:
    • Pre-fund your Virtual Bank Wallet with the desired investment amount.
  4. Investment Opportunities:
    • Review Property Investment opportunities listed on the platform.
    • Follow a simple, online, paper-light process to invest. For more details, see the Terms of Use.

Mirvac Pallonji Immobiliare FrancOwn offers Property Investment opportunities in three stages:

  • Stage 1: Private Opportunity (PO)
  • Stage 2: First SQFT Opportunity (FSO)
  • Stage 3: Mirvac Pallonji ImmobiliareTrade

Private Opportunity is the earliest stage to invest. The total number of investors is capped at 200 per opportunity, on a first-come, first-served basis. There’s a minimum investment amount required.

Investment Breakdown:

  1. 20%: Subscribes to the partnership interest of the SPV (Special Purpose Vehicle), making you a part-owner of the SPV.
  2. 80%: Subscribes to the loan raised by the SPV. This loan is converted into smaller units called Mirvac Pallonji ImmobiliareONE.SQFT, credited to your Virtual SQFT Wallet.

Mirvac Pallonji ImmobiliareONE.SQFT can be transferred/sold digitally to other users on the Mirvac Pallonji Immobiliare FrancOwn Platform only. For more details, refer to the Terms of Use.

During the Private Opportunity stage, you can place an Expression of Interest (EOI) to invest.

  1. Submit EOI:
    • Pay 10% Earnest Money upfront.
  2. Further Investment:
    • If there’s sufficient interest, pay the remaining 90%.
    • If there’s insufficient interest, your 10% Earnest Money is refunded.
    • If you fail to pay the remaining amount on time after sufficient interest is shown, your 10% Earnest Money is forfeited.

You have a 7-day free-look period after placing your EOI to cancel without forfeiture. For more details, see the Terms of Use.

First SQFT Opportunity (FSO) is for those who missed the Private Opportunity or have budget constraints.

Process:

  1. Watch for announcements on the Mirvac Pallonji Immobiliare FrancOwn Platform.
  2. Review investment details.
  3. Pre-fund your wallet.
  4. FSO Details:
    • Start & End Date.
    • Price Band.
    • Allotment Date.
    • Refund Date.
    • Listing Date for trading Mirvac Pallonji ImmobiliareONE.SQFT.

The minimum investment is 1 Mirvac Pallonji ImmobiliareONE.SQFT (~₹10,000). For more details, refer to the Terms of Use.

If you miss the Private Opportunity and FSO, you can still invest through Mirvac Pallonji ImmobiliareTrade by trading Mirvac Pallonji ImmobiliareONE.SQFT with other users.

For existing holders:

  • List your Mirvac Pallonji ImmobiliareONE.SQFT for sale.
  • Buy more from other users.

For details on trading Mirvac Pallonji ImmobiliareONE.SQFT, see the Terms of Use.

Documents and Legalities

Documents Required:

  • Pre-investment: Accept Terms of Use, execute EOI.
  • Private Opportunity: LLP deed, loan agreement for Mirvac Pallonji ImmobiliareONE.SQFT, investment-related documents.
  • FSO and Mirvac Pallonji ImmobiliareTrade: Purchase agreement for Mirvac Pallonji ImmobiliareONE.SQFT transfer, other investment-related documents.

For more details, refer to the Terms of Use.

No, returns are not guaranteed. They are subject to market risk and property performance. Consult legal, tax, and investment advisors before investing.

For more details on risks, see the Terms of Use.

No, Mirvac Pallonji ImmobiliareONE.SQFT can only be traded on the Mirvac Pallonji Immobiliare FrancOwn Platform. For more details, refer to the Terms of Use.

Cancellation is possible online through your dashboard, subject to Mirvac Pallonji Immobiliare FrancOwn’s policies based on the investment stage. For more details, refer to the Terms of Use.

Partnership rights are transferable offline. Contact Mirvac Pallonji Immobiliare FrancOwn for assistance or follow the LLP deed’s terms.

For more details, see the Terms of Use.

The SPV owns and registers properties, with original documents held by a third-party custodian. Mirvac Pallonji ImmobiliareONE.SQFT is recorded digitally on Mirvac Pallonji Immobiliare FrancOwn.

For more details, refer to the Terms of Use.

No, Mirvac Pallonji ImmobiliareONE.SQFT cannot be transferred to foreigners or external crypto wallets. For more details, see the Terms of Use.

  • 1.0% transaction fee for trading Mirvac Pallonji ImmobiliareONE.SQFT.
  • 1.0% fee for partnership right transfers, waived for the first transfer for early investors. Additional fees include asset management, third-party operator, and master property management fees borne by the SPV.

For detailed fee structure, refer to the Terms of Use.

  • No lock-in for Mirvac Pallonji ImmobiliareONE.SQFT.
  • 27-month exit restriction for partnership rights post the first property purchase.

For more details, see the Terms of Use.

Income and profit shares are transferred to your Virtual Bank Wallet and can be withdrawn to your primary bank account.

For more details, refer to the Terms of Use.

Track investments, income, and updates on the Mirvac Pallonji Immobiliare FrancOwn Platform dashboard. For more details, refer to the Terms of Use.

If the Private Opportunity/FSO is still open, you can place additional EOIs or invest more by purchasing Mirvac Pallonji ImmobiliareONE.SQFT from other users.

For more details, see the Terms of Use.

About Mirvac Pallonji Immobiliare

Drawing inspiration from Australia’s innovative spirit, Italy’s timeless design legacy, and a transformative vision for Mumbai’s coastline, Mirvac Pallonji Immobiliare sets the standard in luxury real estate. Our projects are more than developments; they are meticulously crafted spaces that embody sophistication, elegance, and enduring quality. With a presence across Australia, Europe, and India, Mirvac Pallonji Immobiliare reimagines what it means to live luxuriously by the sea, combining exceptional design with unparalleled craftsmanship.

Mirvac Pallonji Immobiliare offers a distinguished range of luxury properties tailored for a discerning global clientele. Our residential retreats, featuring exclusive villas and apartments in iconic coastal locations like Sydney, Italy, and Mumbai, are designed to enhance both lifestyle and comfort. We create immersive retail hubs that seamlessly connect with their communities, as well as dynamic commercial spaces that prioritize both style and productivity. Through our asset management division, we ensures sustainable growth for our valued global partners. Each project reflects our unwavering commitment to delivering spaces that transcend traditional luxury living, creating iconic environments for generations to come.

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Mirvac Pallonji Immobiliare real estate where modern aesthetics are combined with tasteful simplicity.

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