Nila Spaces Invests Rs 6 Cr in Alt DRX for Tokenized Realty

Nila Spaces Limited announces their strategic investment of Rs 6 crore which will be used to acquire approximately 1.40 percent minority stake in Alt DRX, a fintech start-up which specializes in asset and real estate tokenization within India.

The funding round also attracted global institutions and leading Indian family offices which demonstrated strong market confidence about the upcoming changes in technology and consumer behavior and the willingness of asset owners to adopt blockchain-based property ownership systems.

Key Highlights

• Nila Spaces invests Rs 6 crore in Alt DRX for real estate tokenization
• Partnership aims to scale fractional, compliant property ownership
• Deal aligns with rising institutional adoption of tokenized assets

Deep Vadodaria, Managing Director of Nila Spaces, explained that the company views tokenization as an innovative approach that will enable people to own property through fractional investments while transforming the real estate market. Nila Spaces uses this relationship to create its own design and technology solutions for real estate projects, which will help create equitable property ownership rights throughout Ahmedabad and GIFT City.

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Anand Narayanan KB, Founder of Alt DRX, said the collaboration will focus on building a scalable, compliant, and transparent ecosystem for tokenized real estate in India. The partnership develops housing products for investors that establish lower market access points while preserving institutional-level governance standards and transparency measures.

The market research predicts that India's asset tokenization industry will experience strong development until 2032 because of increasing blockchain usage and institutional investment and growing acceptance of digital investment platforms, which will particularly benefit the real estate sector.