Zooming into the micros

In this week's edition of?Open House, I share my thoughts on building on a budget. To read the full editions in your inbox every Wednesday,?subscribe for free?on my website (https://ashwinderrsingh.com/).

The markets continued to take a beating due to the macroeconomic and geopolitical backdrop. As the world continues to focus on the war in the Middle East, the following are some stories that you may have missed:

• Bits and pieces: Fractional ownership is making waves in India's real estate scene. It's a neat way for investors to own a slice of larger properties, and it seems people are loving it. The market value has soared to a whopping ?4,000 crore and is expected to grow by 25-30% yearly over the next few years. (Read more)
• View from abroad: A recent survey revealed that 24% of NRIs face challenges managing rental properties in India. While 8% from the UK and 7% from Australia deal directly with tenants, 7% from Canada delegate this via power of attorney to family/friends. Despite the growing appeal of the Indian real estate market, managing rentals from afar isn't a cakewalk. (Read more)
• A second attempt: PropShare Capital is at it again, launching its second fund to dive into the rent-generating commercial real estate scene in India's tech hubs. They've set their sights on a cool ?500 crore target, with an option to raise ?200 crore more. It's a bold move, especially after their previous fund didn't hit the mark. (Read more)
• The ultimate case study: Over the last several decades, Microsoft has navigated wave after wave of disruption rather successfully. They've made parallel bets to not just neutralize the existential threat of a new competitor, but power remarkable growth. Be sure to go through this detailed walkthrough of their strategic evolution through the years. (Read more)
• Life after death: The journey of our body's microbes after we pass away is fascinating. It turns out, death isn't the end for them; they get busy breaking down our bodies from the inside, helping in decomposition. When buried, these microbes mingle with the soil's own microbial life, boosting the soil's nutrient content, especially its nitrogen cycle. This process plays a crucial role in nurturing new life in the ecosystem. Even in death, there's a part of us contributing to the circle of life. (Read more)