India's wealthy are growing, creating demand for expert real estate management. Firms like Vridanta Advisory and Knight Frank are stepping in. They offer services to strategically manage property portfolios for predictable returns. This shift moves beyond market appreciation to disciplined, active oversight. Wealth managers are also partnering for integrated real estate advice.
 Real estate portfolio management firms to tap India’s billionaire population
Synopsis India's wealthy are growing, creating demand for expert real estate management. Firms like Vridanta Advisory and Knight Frank are stepping in. They offer services to strategically manage property portfolios for predictable returns. This shift moves beyond market appreciation to disciplined, active oversight. Wealth managers are also partnering for integrated real estate advice. As India’s billionaire population, which currently stands at 207, third after USA and Mainland China, and is expected to grow to 313 by 2031, firms are coming up with separate verticals to mange real estate portfolio of such individuals. According to Knight Frank Ultra-High-Net-Worth- Individuals (UHNWI) – or individuals with a net worth of US$ 30 million (mn) and above - have grown by a staggering 63% over the past five years, from 12,161 in 2021 to 19,877 individuals. The country now has the sixth largest UHNWI population in the world. Further it is set to grow to 25,217 individuals by 2031. Vridanta Advisory has launched a specialised real estate portfolio management platform for affluent investors while Knight Frank also launched Private Office operations in India, marking a significant expansion of its capabilities to serve Ultra High Net Worth Individuals (UHNWIs), High Net Worth Individuals (HNWIs), family offices and their advisors. “Most investors own properties, but very few strategically manage their property portfolios. Investors today need predictable and disciplined returns from real estate rather than opportunistic returns during bullish cycles,” said Rashima Mittal, founder of Vridanta advisory. Mittal has worked on development and planning of super-luxury projects across India with leading developers for over 23 years. Live Events The firm believes that while most investors have traditionally created wealth through real estate because of market appreciation, this model is fragile and highly dependent on cycles. According to Vridanta, real estate wealth should not be managed purely through market movements, but through strategy, discipline, governance, and active portfolio oversight to get consistent and predictable returns - similar to how mature global investors manage property wealth. Unlike traditional brokerage-led models, Vridanta operates through a subscription-based advisory structure where the company works continuously on an investor’s complete property portfolio. The platform focuses on Portfolio performance tracking, rental yield enhancement, ownership structuring, liquidity improvement, legal preparedness, strategic buying and selling, and rental management to maximise returns from the property portfolios for their investors. The company also works closely with legal experts because quality of ownership documentation increasingly influence both valuation and liquidity in premium real estate markets. One of the firm’s recent engagements involved restructuring a Delhi-based family’s multi-asset property portfolio by improving rental positioning, rationalising underperforming assets, and strengthening ownership structures before future liquidity events. According to the company, the objective was not simply appreciation, but transforming passive ownership into a strategically managed portfolio. Vridanta also functions as a Specialised Real-Estate Desk for Wealth management firms, allowing financial advisors to continue managing financial investments while they focuses on real estate strategy and execution. According to the company, India’s next phase of wealth management will increasingly move toward integrated and institutional real estate portfolio advisory. (You can now subscribe to our Economic Times WhatsApp channel) (Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online. ...moreless (You can now subscribe to our Economic Times WhatsApp channel) (Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online. ...moreless