RealX Closes INR 9.4 Crore Deal in Dwarka, Gujarat in Record 45 Days with 93 Investors
RealX, the world's first platform to embed direct legal property rights in blockchain tokens, successfully closes a landmark transaction for a 9-acre development project in Dwarka, Gujarat, attracting 93 investors in just 45 days.
Real EstateBlockchainTokenizationLegal RightsRealxReal EstateSep 05, 2025
RealX has embedded actual legal property rights directly into blockchain tokens, creating a proprietary model that operates fully within existing legal frameworks. This innovation represents years of intellectual property development in both legal and technology frameworks, combining cutting-edge blockchain technology with sophisticated legal structuring to deliver genuine 'Right to Registered Co-Ownership' (RRO) through digital assets.
Manish Kumar, CEO of RealX, said, “What we have accomplished with the Dwarka project validates our revolutionary Secure Digital Rights (SDR) technology that makes RealX the world's first platform to embed direct legal property rights within blockchain tokens. Our investors are holding Property Tokens that provide direct rights on the property, with full legal enforceability in courts. Our proprietary legal framework operates within existing base property laws without creating SPVs or securities. While global competitors are relying on intermediary structures, our IP enables direct co-ownership through blockchain tokens. This means when one holds a Property Token, one can exhaust it to become a direct registered co-owner of the property, something no other platform worldwide can offer.”
Neera Inamdar, COO of RealX, added, “Even we were a little surprised by the subscription within 45 days. At the same time, the offline legal process up to registration took a few months, which is also unusual. We are trying to solve real estate's most complex digitization challenge and learning a lot as we go along executing transactions.”
Manish further stated, “Our solution can have transformative effects in the future, even as similar technology and processes can be used to develop advanced Real Estate products as well as can be applied to other real-world assets as we scale.”
The sector has immense potential; Dubai has embraced tokenized real estate through the Dubai Land Department actively supporting it. Elsewhere, platforms typically rely on SPV structures that separate legal ownership from token ownership. The United States’ RWA tokenization has reached over $8 billion in total value locked, yet most solutions offer securities or derivative instruments rather than direct property rights. Qatar and Singapore continue developing regulatory frameworks, but lack the integrated legal-blockchain model that eliminates intermediary structures entirely.
The successful closure comes amidst a global surge in Real World Asset (RWA) tokenization. However, RealX's approach fundamentally differentiates it from global competitors by solving the critical challenge that has plagued the industry—the gap between blockchain tokens and actual legal ownership.
About RealX
RealX is the world's first platform to successfully embed direct legal property rights within blockchain tokens through its pioneering Secure Digital Rights (SDR) technology. Unlike all other players globally, RealX operates without creating SPVs or offering securities, instead providing direct co-ownership through its proprietary legal framework built on existing base property laws. It has a Dual Ownership Model, Registered Co-Ownership (RCO) and Property Tokens (NFTs) on blockchain. There are no intermediaries, direct property rights without SPV structures, and it has court-enforceable rights, meaning full legal enforceability with proportionate beneficial ownership. It can enable mass market access with a minimum investment of INR 5,000 with complete legal protection. It has a 100% digital ecosystem and a strict marketplace approach without agent mandates.
Frequently Asked Questions
What is RealX's Secure Digital Rights (SDR) technology?
RealX's Secure Digital Rights (SDR) technology is a pioneering solution that embeds direct legal property rights within blockchain tokens. This technology allows investors to hold Property Tokens that provide direct rights on the property with full legal enforceability in courts.
How does RealX differ from other tokenization platforms?
RealX differs from other tokenization platforms by providing direct co-ownership through blockchain tokens without creating Special Purpose Vehicles (SPVs) or offering securities. This means investors can become direct registered co-owners of the property, unlike other platforms that often rely on intermediary structures.
What was the significance of the Dwarka project for RealX?
The Dwarka project was significant for RealX as it successfully closed a 9-acre development project in record 45 days, attracting 93 investors. This landmark transaction validated RealX's SDR technology and demonstrated the high demand for tokenized real estate.
How does RealX ensure legal enforceability of its Property Tokens?
RealX ensures legal enforceability of its Property Tokens by embedding actual legal property rights directly into the tokens. This is achieved through a proprietary legal framework that operates within existing base property laws, providing full legal protection for investors.
What are the potential future applications of RealX's technology?
The potential future applications of RealX's technology are vast. It can be used to develop advanced Real Estate products and can also be applied to other real-world assets. The technology has the potential to transform the real estate industry by providing a more accessible and transparent way to invest in properties.
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