Property Developer RealX successfully secures INR 9.4 Crore deal in Dwarka, Gujarat within a quick 45 days, marking the launch of their second project in Ayodhya.

In a groundbreaking development, RealX, a leading player in the tokenised real estate market, has successfully completed a fractional ownership offering for a 9-acre development project in Dwarka, Gujarat. This milestone marks a significant step forward in the company's mission to provide genuine Right to Registered Co-Ownership (RRO) through digital assets.

RealX's approach fundamentally differentiates it from global competitors. Unlike most solutions for tokenised real estate that offer securities or derivative instruments, RealX provides direct co-ownership through its proprietary legal framework. This framework is built on existing base property laws, and it operates without creating Special Purpose Vehicles (SPVs) or offering securities.

The offering, which was fully subscribed within 45 days, attracted 93 investors. The financing of the project involved contributions from RealX's own funding, local institutional investors, and some private equity firms specialising in real estate.

The success of this project validates RealX's revolutionary Secure Digital Rights (SDR) technology. This technology embeds direct legal property rights within blockchain tokens, providing a transparent and secure method for co-ownership.

Manish Kumar, CEO of RealX, expressed his satisfaction with the outcome, stating, "The Dwarka project validates our SDR technology and its potential for transformative effects in the future." Neera Inamdar, COO of RealX, was surprised at the quick subscription and the lengthy offline legal process, indicating the growing demand for such innovative solutions.

The Dwarka project isn't just a local success story. Dubai Land Department actively supports tokenised real estate, and regulatory frameworks are being developed in Qatar and Singapore. The United States' RWA tokenization has reached over $8 billion in total value locked, signalling a global shift towards digital ownership.

RealX's platform enables mass market access with a minimum investment of INR5,000 and offers a 100% digital ecosystem without agent mandates. This approach democratises real estate investment, making it accessible to a wider audience.

In conclusion, RealX's SDR technology has the potential to revolutionise the real estate industry, providing a secure, transparent, and accessible method for co-ownership. As the company scales, this technology can be applied to other real-world assets, shaping the future of ownership and investment.