亚博体育官网首页

World鈥檚 first digital real estate exchange launched by ALT Realtech
Real Estate

World鈥檚 first digital real estate exchange launched by ALT Realtech

The world's first digital real estate market, ALT DRX, was introduced by Bengaluru-based fintech startup ALT Realtech. It enables investors to purchase one square foot of real estate at a time. The business, which plans to operate in India first, has secured $1.6 million in equity and $2 million in callable mezzanine debt as part of its seed round for co-investing in real estate assets.

One of India's leading legal firms, well-known family offices, prominent startup founders, and senior executives from MNCs all participated in ALT DRX's seed round as investors. According to Anand Narayanan, Founder, ALT Realtech, 鈥淎LT DRX expects the new platform to solve the problem of illiquidity in mid-size real estate assets and possibly open the gates for capital to move into socially relevant, rent-yielding real estate assets such as rental housing, hostels, care homes, holiday homes, schools, industrial warehousing, high-street retail, hotels, and managed offices.鈥�

Owners of these real estate assets will be able to convert their real estate ownership into tokenized, traceable digital assets thanks to ALT DRX. 鈥淥ur platform will help, say, a 50,000-square-foot building to be tokenized into 50,000 tradeable digital assets, each holding an economic value proportionate to 1 square foot of the said property,鈥� he said.

The pre-qualified, KYC-compliant registered customers on its platform can then instantly buy, hold, trade, and settle these tradeable digital assets. Avinash Rao, Founder, ALT Realtech said, 鈥淭he platform uses a permissioned, centrally managed blockchain-based ledger protocol that restricts the transfer of these digital assets to foreigners while attempting to build user credibility by using Zero Trust Architecture."

鈥淭he democratisation of real estate ownership by dematerializing it empowers everyone to co-own high-quality residential as well as commercial real estate managed by professionals,鈥� added Rao. Global equities and bonds are currently valued at $170 trillion, while the value of the real estate sector is $230 trillion.

The world's first digital real estate market, ALT DRX, was introduced by Bengaluru-based fintech startup ALT Realtech. It enables investors to purchase one square foot of real estate at a time. The business, which plans to operate in India first, has secured $1.6 million in equity and $2 million in callable mezzanine debt as part of its seed round for co-investing in real estate assets. One of India's leading legal firms, well-known family offices, prominent startup founders, and senior executives from MNCs all participated in ALT DRX's seed round as investors. According to Anand Narayanan, Founder, ALT Realtech, 鈥淎LT DRX expects the new platform to solve the problem of illiquidity in mid-size real estate assets and possibly open the gates for capital to move into socially relevant, rent-yielding real estate assets such as rental housing, hostels, care homes, holiday homes, schools, industrial warehousing, high-street retail, hotels, and managed offices.鈥� Owners of these real estate assets will be able to convert their real estate ownership into tokenized, traceable digital assets thanks to ALT DRX. 鈥淥ur platform will help, say, a 50,000-square-foot building to be tokenized into 50,000 tradeable digital assets, each holding an economic value proportionate to 1 square foot of the said property,鈥� he said. The pre-qualified, KYC-compliant registered customers on its platform can then instantly buy, hold, trade, and settle these tradeable digital assets. Avinash Rao, Founder, ALT Realtech said, 鈥淭he platform uses a permissioned, centrally managed blockchain-based ledger protocol that restricts the transfer of these digital assets to foreigners while attempting to build user credibility by using Zero Trust Architecture. 鈥淭he democratisation of real estate ownership by dematerializing it empowers everyone to co-own high-quality residential as well as commercial real estate managed by professionals,鈥� added Rao. Global equities and bonds are currently valued at $170 trillion, while the value of the real estate sector is $230 trillion.

Next Story
Infrastructure Urban

ClickPost Launches Atlas to Benchmark E-commerce Logistics

ClickPost, a leading logistics intelligence platform, has launched Atlas, a subscription-based benchmarking tool designed to transform how e-commerce brands strategise logistics. Powered by ClickPost鈥檚 proprietary network, which processes over 50 million shipments each month, Atlas enables brands to benchmark key operational metrics in real time against industry peers and standards.Unlike traditional dashboards, Atlas delivers comparative insights鈥攆rom fulfilment speeds, RTO rates and average order values to city-level delivery times and sales data鈥攁llowing brands to identify operational..

Next Story
Real Estate

Kalyani Launches Two New LivingTree Towers in Bengaluru

Bengaluru-based Kalyani Developers has announced the launch of Towers 3 and 4 at its flagship residential project, Kalyani LivingTree, located in KIADB Aerospace Park. The expansion adds 525 premium 3BHK apartments, ranging from 1300 to 1600 sq ft, and over 7.5 lakh sq ft of built-up area. Prices start from Rs 1.2 crore.These towers, the most exclusive in Phase 1, offer uninterrupted pool and landscape views, and access to over 60 lifestyle amenities, two clubhouses totalling 1 lakh sq ft, and more than 80 per cent open space.LivingTree spans 25 acres and will comprise ten towers of 23鈥�24 fl..

Next Story
Infrastructure Urban

Blue Water Logistics IPO opens May 27

Hyderabad-based Blue Water Logistics is launching its Rs 40.5 crore IPO on May 27, 2025, which will remain open for subscription until May 29. The price band has been set at Rs 132 to Rs 135 per share, with a lot size of 1,000 shares. This is a book-built issue entirely comprising a fresh issue of 30 lakh equity shares. The IPO will be listed on the NSE Emerge platform.Smart Horizon Capital Advisors is the sole book-running lead manager, while Maashitla Securities will act as the registrar. The anchor book will open on May 26, 2025. The IPO allocates 8,35,000 shares to anchor investors, 1,56,0..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement