Frequently Asked Questions

Bhavan.ai is a platform that enables 2-5 people to legally co-own residential homes through compliant Special Purpose Vehicles (SPVs). We handle matching, SPV formation, financing facilitation, and provide a secondary marketplace for share trading.

Traditional home buying requires one person or family to afford the entire down payment and loan. With Bhavan.ai, 2-5 people pool resources to collectively own a property through an SPV, making home ownership more accessible and affordable.

Yes, fractional ownership through SPVs is completely legal in India. SPVs are recognized legal entities that can own property. We ensure all formations comply with Indian company law and real estate regulations.

Bhavan.ai is ideal for renters who want to transition to home ownership but find traditional buying unaffordable. It's perfect for young professionals, friends, or compatible individuals who want to invest in real estate together.

A Special Purpose Vehicle (SPV) is a legal entity created for a specific purpose—in this case, to own a residential property. Each co-owner becomes a shareholder in the SPV, with ownership percentage based on their financial contribution.

Bhavan.ai facilitates co-ownership for 2-5 people. This range balances affordability with manageable decision-making and reduces complexity.

The SPV operating agreement includes dispute resolution mechanisms. Major decisions require consensus as defined in the agreement. If disputes cannot be resolved internally, mediation or arbitration procedures apply.

Yes! Our matching algorithm suggests compatible co-owners based on financial profiles, preferences, and lifestyle. You have full control over who you partner with and can communicate before committing.

As a co-owner, you're responsible for your share of the down payment, monthly loan EMIs, property maintenance costs, and property taxes. You also participate in major decisions about the property as outlined in the SPV agreement.

Down payments are typically 20-30% of the property value, split among co-owners based on ownership percentage. For example, if you're buying a ₹1 crore property with 4 co-owners (25% each), your down payment would be ₹5-7.5 lakhs.

Yes, we partner with NBFCs and banks to facilitate financing for SPVs. All co-owners are jointly liable for the loan, and approval depends on collective creditworthiness.

We charge a platform fee (percentage of property value) for matching and SPV formation, a marketplace transaction fee for share trading, an SPV registration fee, and an annual SPV management fee for ongoing administration.

Yes, ongoing costs include monthly loan EMIs, property maintenance, property taxes, insurance, and the annual SPV management fee. These are shared among co-owners based on ownership percentage.

From eligibility check to moving in typically takes 2-4 months, depending on property selection, financing approval, and legal documentation. SPV formation itself takes 2-3 weeks.

1) Complete eligibility check and KYC, 2) Get matched with compatible co-owners, 3) Select a property together, 4) Form the SPV and sign operating agreement, 5) Secure financing, 6) Complete property purchase, 7) Move in!

While not required, we highly recommend meeting your co-owners before committing. Our platform facilitates virtual and in-person meetings to ensure compatibility.

You'll need government-issued ID (Aadhaar, PAN), proof of income (salary slips, bank statements), address proof, and credit history. Additional documents may be required for financing.

Yes! Our secondary marketplace allows you to list and sell your ownership shares. Other co-owners typically have right of first refusal, and all transfers must comply with the SPV agreement.

Share prices are determined by market forces, property appreciation, outstanding loan balance, and negotiations between buyer and seller. We provide valuation guidance but don't set prices.

Lock-in periods vary by SPV agreement and financing terms. Typically, there's a minimum holding period of 1-2 years to ensure stability for all co-owners.

You can purchase additional shares from other co-owners through the marketplace, subject to financing approval and SPV agreement terms. You could eventually own 100% of the property.

The SPV agreement includes default provisions. Other co-owners may have the option to buy out the defaulting member's share, or the SPV may sell the property to settle obligations.

Yes! Co-ownership through Bhavan.ai is designed for owner-occupied properties. Living arrangements are determined by the co-owners and outlined in the SPV agreement.

We focus on residential properties including apartments, villas, and townhouses in major Indian cities. Properties are selected based on location, amenities, and co-owner preferences.

Rental decisions require consensus among co-owners as per the SPV agreement. Rental income is distributed based on ownership percentage after expenses.

Co-owners collectively decide on maintenance and repairs. For major decisions, the SPV agreement outlines voting procedures. Day-to-day maintenance can be managed by one co-owner or a property manager.

Real estate investments carry inherent risks. However, we implement security measures including legal SPV structures, escrow services, document vaults, and compliance with all regulations. Your ownership is legally protected.

Your SPV and property ownership are independent of Bhavan.ai. If we cease operations, your SPV continues to exist, and you retain full ownership rights. Legal documents and property titles are held by the SPV, not by us.

We comply with GDPR and Indian data protection laws. Your data is encrypted, stored securely, and never sold to third parties. See our Privacy Policy for details.

You have all legal rights of a property owner through the SPV. The SPV operating agreement is a legally binding contract. Disputes are resolved through mediation or arbitration as outlined in our Terms of Service.