About ALYF

ALYF offers a fully managed fractional ownership model for luxury holiday homes in prime locations like Goa, Alibaug, and Lonavala, allowing customers to invest in high-value properties at a fraction of the cost. The platform addresses the challenges of property maintenance and rental management by providing seamless upkeep and income generation, ensuring owners can enjoy their retreats without the associated hassles.

```xml <problem> Owning a second home for vacations can be difficult due to high costs, maintenance responsibilities, and the complexities of renting it out when not in use. Traditional holiday home ownership models often require significant upfront investment and ongoing management efforts. </problem> <solution> ALYF offers a fractional ownership model for luxury holiday homes, enabling customers to invest in high-value properties at a fraction of the cost. The platform handles property maintenance, upkeep, and rental management, providing a hassle-free ownership experience. ALYF creates a Special Purpose Vehicle (SPV) Limited Liability Partnership (LLP) for each property, with 8-10 owners sharing the ownership. Owners receive rental income and can use the property for personal vacations for a set number of days per year. </solution> <features> - Fractional ownership of curated luxury homes in popular vacation destinations - End-to-end property management, including maintenance, housekeeping, and security - Rental management services to generate income when the property is not in use by the owners - A smart-ownership model allowing individual or shared ownership by up to 8 owners - Share transfer on the ALYF platform without stamp duty or registration hassles </features> <target_audience> The primary target audience includes individuals and families with an annual income of INR 30-40 lakh who aspire to own a holiday home but find traditional ownership models inaccessible. </target_audience> <revenue_model> ALYF generates revenue through the sale of fractional ownership shares in holiday homes and management fees for property maintenance and rental services. </revenue_model> ```

What does ALYF do?

Where is ALYF located?

ALYF is based in Mumbai, India.

When was ALYF founded?

ALYF was founded in 2022.

Location

Mumbai, India

Founded

2022

Employees

73 employees

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ALYF

Score: 100/100

AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

alyf.in 20K+

Founded 2022 – Mumbai, India

Funding

No funding information available. Click "Fetch funding" to run a targeted funding scan.

Team (50+)

Karan Chandiok

Making Aspirational Homes Accessible

Company Description

Problem

Owning a second home for vacations can be difficult due to high costs, maintenance responsibilities, and the complexities of renting it out when not in use. Traditional holiday home ownership models often require significant upfront investment and ongoing management efforts.

Solution

ALYF offers a fractional ownership model for luxury holiday homes, enabling customers to invest in high-value properties at a fraction of the cost. The platform handles property maintenance, upkeep, and rental management, providing a hassle-free ownership experience. ALYF creates a Special Purpose Vehicle (SPV) Limited Liability Partnership (LLP) for each property, with 8-10 owners sharing the ownership. Owners receive rental income and can use the property for personal vacations for a set number of days per year.

Features

Fractional ownership of curated luxury homes in popular vacation destinations

End-to-end property management, including maintenance, housekeeping, and security

Rental management services to generate income when the property is not in use by the owners

A smart-ownership model allowing individual or shared ownership by up to 8 owners

Share transfer on the ALYF platform without stamp duty or registration hassles

Target Audience

The primary target audience includes individuals and families with an annual income of INR 30-40 lakh who aspire to own a holiday home but find traditional ownership models inaccessible.

Revenue Model

ALYF generates revenue through the sale of fractional ownership shares in holiday homes and management fees for property maintenance and rental services.