Jomee Jomaa offers a platform for fractional real estate investment, enabling users to purchase portions of land parcels. This allows individuals to diversify their investment portfolio with real estate assets at a lower capital commitment.
Funding
Funding not disclosed
Founders
Product
Problem
Investing in real estate, particularly land, often requires significant capital, making it inaccessible for many individual investors. Traditional real estate investments also involve complex processes and paperwork, creating barriers to entry for new investors.
Solution
Jomee Jomaa offers a platform for fractional land investment, enabling users to purchase units of land parcels with investments starting from 1,000 taka. The platform simplifies the investment process by handling all paperwork and due diligence related to the land acquisition. Users can diversify their investment portfolio with real estate assets at a lower capital commitment and spread their investments across various land plots. Jomee Jomaa manages the buying, holding, and selling of land plots, providing a hassle-free investment experience. Investors can either hold their units as the land appreciates and receive a share of the profits upon sale, or sell their units in a secondary market for earlier exit.
Target Audience
The primary target audience includes individual investors in Bangladesh looking for affordable and accessible real estate investment opportunities, particularly those interested in land as an asset class.
Features
- Fractional ownership of land parcels with low minimum investment (1,000 taka per unit)
- Due diligence and verification of land titles handled by Jomee Jomaa
- Diversification across multiple land plots in different locations
- Secondary marketplace for users to buy and sell units before maturity
- Management of land acquisition, holding, and sales processes
- Profit sharing model: 80% of profits go to the user, 20% to Jomee Jomaa