Axis Ecorp Aims for Rs.1 Bn Revenue from Fractional Ownership by FY25

21 Aug 2024 CW Team

Axis Ecorp is setting its sights on generating ?1 billion in revenue from its fractional ownership model by the financial year 2024-25. The company, known for its premium holiday homes and commercial properties, is leveraging the increasing popularity of fractional ownership as a key revenue stream.

Fractional ownership allows multiple investors to co-own a property, sharing the benefits of ownership at a fraction of the cost. Axis Ecorp has introduced this model to attract investors seeking a more affordable entry into the property market, particularly in high-end holiday and commercial real estate. The model is gaining traction due to its lower investment threshold and potential for consistent returns.

With rising demand for holiday homes, especially in prime tourist destinations, Axis Ecorp is focusing on expanding its portfolio. The company believes that the fractional ownership model will appeal to a wider audience, including both individual and institutional investors.

This strategy aligns with the company?s growth plans, which include increasing its presence in the Indian real estate market. By offering a blend of luxury properties and innovative investment models, Axis Ecorp aims to solidify its position as a leading player in the real estate sector.

CEO Aditya Kushwaha has expressed confidence that the company will achieve its ?100 crore target, citing growing interest from investors and the strength of the real estate market.

Infrastructure Urban

13 Mar 2026

Implementation Status of Jal Jeevan Mission

Since August 2019 the Government has implemented Jal Jeevan Mission to provide assured potable water through household tap connections in rural India. At the start of the mission only 32.3 million (mn) rural households, representing 16.7 per cent, were reported to have tap water connections. States and union territories have reported that 125.8 mn additional rural households have since been provided with tap connections. As a result, of about 193.6 mn rural households roughly 158.2 mn, or 81.71 per cent, are reported to have tap water supply at home.\n\nThe State, district and village level st..

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The Government reported substantial progress under the Jal Jeevan Mission, launched in August 2019 to provide tap water to every rural household. At launch only 32.3 million (mn) rural households had tap connections and states and Union territories reported provision of 125.8 mn additional households by March 2026. Consequently, out of about 193.6 mn rural households around 158.2 mn, or 81.71 per cent, are reported to have tap water at home. The Finance Minister announced extension of the mission until 2028 in the 2025-26 budget speech. The Swachh Bharat Mission Grameen, launched in October 20..

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