Frequently Asked Questions
YieldWiseX, a venture by Morphogenesis, is a tech enabled platform that provides easy access, transparency, and liquidity to a curated selection of pre-leased commercial real estate assets. Each asset is selected based on stringent criteria involving predictive analytics across 150+ data points, 25 years of industry expertise, and proprietary technological solutions. YieldWiseX will enable investors to co-benefit by allowing fractional ownership to our curated asset portfolio.
You can reach us via:
a. Login to our website: www.yieldwisex.com
b. Drop us an email at email@example.com
c. Drop us a WhatsApp message at +918976709289
Our hours of customer support are between 10 AM – 7 PM IST, Monday to Friday.
1) Simple and digitally-enabled investment process for investors.
2) Low minimum investment (starting at INR 25 Lakhs) enabling access to institutional quality real estate opportunities.
3) Hassle-free real estate ownership with MYRE Capital managing operations, distributing rental yield, and facilitating exit.
4) Enhanced Liquidity Solutions via proprietary MYRE Secondary exchange (marketplace) allowing trading of fractional Real estate portfolio like a stock (coming soon).
To know more about the MYRE benefits, please reach out to us.
Passive income: Stable rental income secured by long term registered lease agreements with institutional grade tenants.
Return potential: Real estate has a dual return profile comprising of 8%-10% rental yields along with annual capital appreciation. Factoring in the appreciation, the opportunities listed on the MYRE platform are expected to deliver 14% - 25% IRR's.
Diversification: Investing in individual properties alone has high concentration risk and huge upfront cash outflow. As a thumb rule of investing in any asset class, it is recommended to diversify exposure across multiple investment opportunities. Via the MYRE platform, investors can diversify their real estate portfolio across different commercial assets in different cities pan India.
Tangible underlying asset: As a hard asset, real estate provides both intrinsic value and growth potential as the economy develops and demand increases.
At present this app is under Beta testing and is not available at large.
The indicative 'tax deducted at source' (TDS) under the current income tax regime, on such distributions, has been reproduced below:
1) Residents - 10% (plus applicable surcharge and cess).
2) NRI - 30% (plus applicable surcharge and cess)
TDS Certificate will be issued every quarter by MYRE on behalf of the SPV. The same will reflect in the Form 26AS of the investor.
NRI's can explore benefits under the Double Taxation Avoidance Agreement (“DTAA”) entered with the respective country, subject to availability of Tax residency Certificate (“TRC”).
Taxation for Resident Investor:
Short term capital gains (STCG) - Taxed as per your tax slab
Long term capital gains (LTCG) - 20% with indexation benefit
Taxation for NRI Investor:
Short term capital gains (STCG) - Taxed as per your tax slab (30% TDS)
Long term capital gains (LTCG) - 10% (No indexation benefit)
NRIs can explore benefits under the Double Taxation Avoidance Agreement (“DTAA”) entered with the respective country, subject to availability of Tax residency Certificate (“TRC”).
Please contact your dedicated MYRE investment manager for further details.