Sets up and runs a home or shop bought jointly by friends or siblings
TL;DR Deedmate helps two to eight people who already know each other buy one property together, each named on the deed. It drafts the co-ownership agreement, handles registration and a joint account, splits rent and costs, and enforces agreed exit rules. Co-buyers pay a setup fee and a yearly running fee.
Property tickets in big Indian cities are huge. In Mumbai, one large consultancy's guidance on redevelopment deals refers to prices from under ₹40,000 to above ₹75,000 per square foot[1].
Plenty of buyers already pool money with a sibling or friend, but they do it on trust and a handshake. Nobody writes down who covers the EMI shortfall, who picks tenants or how one person gets out. And when things go wrong, property disputes are slow and common. MahaRERA alone has received 39,443 complaints[2], and those cover only fights with developers, not between co-owners.
Public fractional platforms don't help here. They now run as SEBI-registered SM REITs that sell units in commercial buildings[3].
What it does, in regulatory terms: legal and administrative services for private co-owners. Deedmate does not pool money from the public, sell units or give investment advice. Each co-owner is named on the registered sale deed.
The seed pictured an AI platform selling fractions of property to the public. In India that now needs registration as an SM REIT under SEBI's REIT Regulations[4], and seven are already registered[3]. Pooled schemes outside that route risk being treated as collective investment schemes. So this version keeps the fractional goal but serves small private groups who choose each other.
Deedmate starts with a guided agreement covering shares, EMI duties, voting, tenant choice, and buyout prices tied to an independent valuation. It coordinates title checks, stamp duty and registration with partner lawyers. After purchase it runs a joint account, collects rent, pays maintenance and tax, and sends each owner a statement.
The co-buyers pay - siblings buying a parents' retirement flat, friends buying a rental shop or colleagues buying a holiday home. Today they pay a lawyer for the deed and handle the rest themselves. There's no public price for a co-ownership service in India, so pricing needs testing. I'd start with a fixed setup fee plus a yearly fee per property.
SEBI's SM REIT route, live since August 2024[3], made it clear that public fractional selling is regulated, which leaves private co-buying as the open path. Mumbai registered 99,869 properties in the first eight months of 2025[1], so demand for homes and shops is still high while ticket sizes keep climbing.
There's no public figure for how many Indian properties are bought jointly by unrelated people or siblings. The firmest signals are Mumbai's 99,869 registrations from January to August 2025[1] and the seven SM REITs serving public fractional buyers[3]. Treat both as adjacent.
Registered SM REIT managers serve fractional investors in commercial assets through regulated trusts[3]. Property lawyers draft co-ownership deeds one at a time. No Indian service turned up that sets up and then runs a private co-owned property, though web search was unavailable for this check.
The gap is the years after registration.
| Difficulty | Moderate (37/100) |
| Starting capital | ₹40–75 L |
| Time to launch | 4–6 months |
The hardest part is legal design. The agreement has to hold up in court, fit each state's stamp and registration rules, and keep the service clearly outside SEBI's pooled-scheme rules. The other hard part is trust, because people are handing you their biggest purchase.
Deedmate needs no special licence as long as it stays a legal and administrative service for private groups. The regulated edges are close, though.
Building this outside India? The categories above usually have a local equivalent, so check with your own regulator.
Don't trust AI with legal opinions, title decisions or advice on whether to buy. Those stay with lawyers and the owners themselves.
Want to work out the AI layer for Deedmate? Talk to Yash →
I'd call this a reasonable bet for a property lawyer or a founder with legal partners in two or three cities. If you want to run a fractional investment marketplace then this isn't it. First prove that 10 groups will pay a setup fee, and get a written legal opinion on where the pooled-scheme line sits.
Plan for roughly ₹40–75 L, mostly for legal partners, the account and statement software and early marketing.
Private co-ownership by named owners on a registered deed is normal. Selling fractions to the public now runs through SEBI-registered SM REITs, so keep groups small and private and get a legal opinion.
Yes, but property and securities law differ a lot. Check where your local regulator draws the line on pooled property investments first.
The free Deedmate validation kit has the line-by-line capital breakdown, the effort scoring, a regulatory checklist, a 14-day validation sprint with pass/fail targets, a 90-day launch plan, 10 interview questions for co-buyers, and 5 assumptions to test. Download the kit →
Thinking about building Deedmate or something close to it? The make-or-break work is a co-ownership agreement that survives a falling-out and stays outside pooled-scheme rules, and it's worth getting right before anyone signs. If you need a hand, you know where to find me. Talk to Yash →
For illustration only. Names are fictional and ideas hypothetical; sourced facts are real but may be out of date. Nothing here is legal, financial or professional advice, and Yash Khatri is not personally liable for any use of it. Read the full disclaimer.