RealX Closes Rs 9.4 Crore Real Estate Deal in Record 45 Days
Fractional ownership platform RealX successfully closed a prime 9-acre development project in Dwarka, Gujarat, attracting 93 investors in just 45 days.
Real EstateBlockchainTokenizationFractional OwnershipLegal RightsReal EstateSep 05, 2025
RealX closed the deal for Rs 9.4 crore. The platform has embedded legal property rights directly into blockchain tokens, creating a proprietary model that operates entirely 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.”
The sector has immense potential; Dubai has embraced tokenized real estate through the Dubai Land Department actively supporting it. Elsewhere, platforms typically rely on Special Purpose Vehicle (SPV) structures that separate legal ownership from token ownership. The United States’ RWA tokenization has reached over USD 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.
RealX is the world's first platform to successfully embed direct legal property rights within blockchain tokens through its pioneering SDR technology. Unlike other players globally, RealX does not create SPVs or offer securities. Instead, it provides direct co-ownership through its proprietary legal framework built on existing property laws.
Frequently Asked Questions
What is RealX?
RealX is a fractional ownership platform that allows multiple investors to co-own a property through blockchain technology, providing direct legal property rights.
How did RealX close the deal in Dwarka?
RealX successfully closed a 9-acre development project in Dwarka, Gujarat, by attracting 93 investors and fully subscribing the offering within 45 days.
What is the significance of RealX's Secure Digital Rights (SDR) technology?
RealX's SDR technology is revolutionary as it embeds direct legal property rights within blockchain tokens, making it the first platform to do so.
How does RealX differ from other global competitors?
RealX differentiates itself by providing direct co-ownership through its proprietary legal framework, eliminating the need for SPVs or securities.
What is the potential of tokenized real estate?
Tokenized real estate has immense potential, with Dubai and other regions actively supporting its development. It allows for greater liquidity and accessibility in the real estate market.
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