RealX sets new benchmarks in commercial real estate with landmark tokenized Ayodhya property deal

RealX: Fractional ownership platform RealX has recently completed its commercial land property deal in Ayodhya. The milestone success was attended by 57 investors who invested Rs. 50,000 to Rs. 25 lakhs. The deal is a significant step towards making high-value real estate assets accessible to a large number of investors through fractional ownership and asset tokenization. Fundbase assisted RealX as a strategic partner in the deal.

Neera Inamdar, Co-Founder and COO of RealX, said, “It was surprising to see that large investors are keen on digital assets in tokenized form. They carefully considered both methods and chose property tokens, which represent the potential of digital assets.

Fractional ownership solves the problem of the high cost of owning expensive assets such as real estate, yachts, and private jets. Traditional ownership requires high capital and maintenance costs, which are often unaffordable for many people. By sharing these costs among multiple investors, fractional ownership facilitates the experience of owning a high-value asset without the full financial burden. This model also enhances diversification and risk reduction, which increases potential returns.
Commenting on the choice of Ayodhya, Manish Kumar, Co-founder and CEO, RealX, said, “Ayodhya is one of the fastest growing property markets. The city is poised for rapid development with the support of the central and state governments. Being a seller's market, buying an opportunity property is challenging but it is ideal for fractional ownership. We want to make it a special investment story to give people this opportunity.

RealX gives investors direct rights to the property, avoiding the traditional SPV route adopted by other fractional ownership companies. RealX offers two ownership methods: registered co-ownership and property tokenization (on the blockchain). While the first method makes the investor a direct co-owner of the property, the second method gives direct and legal beneficial rights within the token through a legal note.