Mpowered, which recently raised $21 million from high-net-worth individuals, helps property owners convert their real estate liabilities into profit-generating ventures.

The AIF plan is to create a fund where individuals can invest their money in the multiples of Rs 25 lakh and get a certain percentage of return on the investment. Most of these investments would be having a rental yield.

The company typically looks at B and C grade of buildings and aims to convert them into A grade facilities. This is done by investing in them and implementing its various models on the properties as per the fitment in terms of size, location and infrastructure.