The LRP FrancOwn Platform is exclusively open to:

• Indian Institutions: Institutions registered in India.
• Resident Indians: Individuals residing in India.
• Non-Resident Indians (NRIs): NRIs can participate if their investments qualify as domestic investments under Indian exchange control regulations.

Note: All investments must be made through an Indian Rupee (INR) account.

For more details, please refer to our Terms of Use.

No, LRPONE.SQFT is not a cryptocurrency. They are tradeable digital assets or tokens tied to real estate value, reflecting 1 square foot of a property held by an SPV. Please see the explanation in “What is LRPONE.SQFT?” above.

LRPONE.SQFT are tradable digital assets representing a proportionate financial value equivalent to one square foot of real estate held by a Special Purpose Vehicle (SPV). Here’s a breakdown:

• Trading: They can be bought and sold among users on the LRP FrancOwn Platform.
• Digital Representation: Each LRPONE.SQFT corresponds to a specific investment opportunity in a property held by an SPV.
• Digital Wallet: LRPONE.SQFTs are stored digitally in your Virtual SQFT Wallet.
• Unique Identifier: Each LRPONE.SQFT has a unique name/reference ID tied to a specific property.
• Value and Income: The value and income potential are linked to the properties held by the issuing SPV.
• Investment Mechanism: Represents the loan extended to the SPV to purchase pre-identified properties.

As a holder of LRPONE.SQFT, you may be entitled to:

Loan Repayment: Periodic repayment of the face value at the discretion of the SPV.

• Interest Payments: Periodic interest, provided you hold the LRPONE.SQFT on the record date.
• Final Repayment: Balance repayment at the end of the loan tenure upon sale of the SPV’s properties.
• Additional Benefits: Community benefits and social commerce offers as available.
• Redemption Premiums: Profits over the face value at loan maturity.
• Sale Proceeds: Post-tax and platform fee proceeds from selling LRPONE.SQFT to other users.

For detailed information, refer to our Terms of Use.

Typically, the number of LRPONE.SQFT issued equals or is less than the “Saleable Area in Square Foot Unit” of the property targeted by the SPV. For example, if the property is 1,350 square feet, then 1,350 LRPONE.SQFT would be issued.

• Initial Face Value: Announced during the Private Opportunity or FSO stage.
• Subsequent Market Value: Determined using a machine-learning algorithm for dynamic price discovery. Users receive a suggested price but can transact within a given price band.

Properties held by the SPV are valued annually by an IBBI accredited valuer.

Yes, certain documents and agreements might need to be executed digitally or physically:

• Digital Execution: Through OTP/Aadhaar OTP-based secure systems.
• Physical Execution: Coordinated by our team for necessary documents.
• Real-World Paperwork: Property purchase documents and registrations handled by the SPV’s partners or appointed agents.

Funds can be added via:

• Internet Banking: NEFT/RTGS/IMPS from your verified INR personal bank account.
• UPI: Subject to transfer limits.

Steps to Add Funds:

1. Go to “Add Funds” on “My Account”.
2. Link your INR personal bank account via Penny Drop Verification.
3. Use the secure payment gateway to transfer funds.

Funds can be pre-funded or added during a transaction.

• Minimum Transfer: Rs 10,000.
• No Maximum Limit: Encouraged to withdraw idle funds.

Yes, funds in your Virtual Bank Wallet are secure:

• Master Escrow Account: Maintained with ICICI Bank, administered by a third-party escrow agent.
• Unique Identification: Your wallet has a unique ID, and balances are displayed on your “My Account” page.
• Withdrawal: Request withdrawals online; processed within 3 working days to your linked personal bank account.

Distributions follow the investment documents and Terms of Use:

• To LRPONE.SQFT Holders: 80% of the net distributable cash flow and terminal net distributable cash flow.
• Profit Share: Any profit post expenses and interest distribution goes to SPV partners.

No guarantees are provided for the distribution quantum, which depends on market conditions and risks.

Professional asset managers/operators manage the property. A Master Property Manager is appointed for each Property Investment Opportunity.

A Special Purpose Vehicle (SPV) is an LLP that purchases and manages the identified real estate assets with a professional team.

Use the “Withdraw Funds” option on “My Account” to request withdrawals. The process takes 3 working days and transfers to your primary linked bank account.

Investors can list their LRPONE.SQFT for sale digitally. The liquidity depends on market conditions and user demand. The platform does not guarantee the speed or value of exits.

Yes, the LRP FrancOwn Platform employs multi-layer security for network and application levels, OTP authentication, and encrypted investment information. Transaction ledgers are written onto a distributed ledger storage protocol.

Available under the “Project Profile” page:

• Information Memorandum
• Investment Opportunity Project Rating Report (by Industry Analyst Group)
• Legal Due Diligence by a law firm
• Property Location Assessment & Micro-market report
• Property Valuation report by an accredited valuer

Summarized for resident investors:

• Interest Payouts: Subject to 10% tax deduction.
• Sale of LRPONE.SQFT: 1% tax deduction on platform sales.
• Platform Fees: Subject to 18% GST.
• Loan Repayment: No tax on face value repayments.
• SPV Income: Taxed at 30%, with distributed profits exempt for partners.

Tax considerations vary, and individual advice is recommended.

Tokenization dematerializes properties into digitally tradable units, allowing transactions by square foot, enhancing liquidity and accessibility.

Participation is subject to Terms of Use and Privacy Policy. Investment outcomes are indicative and not guaranteed, subject to market risks. Evaluation of investment opportunities, including risk factors, is advised.

Industry Analyst Group analyzes projects based on quality, amenities, growth potential, and location from a comprehensive list fitting the investment thesis.

Investors in the FSO stage hold proportionate rights to all SPV properties, regardless of purchase timing.

Investments are made in SPVs through partnership rights and/or LRPONE.SQFT. Properties are managed by a Master Property Manager. Benefits include rental income, capital appreciation, and community offers.

All partners and LRPONE.SQFT holders must consent to new property acquisitions.

Parameters ensure a diverse portfolio of high-appreciation residential properties in the Greater Bangalore Region. Values and sizes are range-bound for liquidity and growth potential.

No, LRPTrade opens only after the FSO stage closes.

The MPM holds at least 15% of the SPV’s economic value as part of the Sponsor Group.