ALT DRX has unveiled an unprecedented digital real estate marketplace, allowing individuals to invest in dematerialized real estate, even in increments as small as 1 square foot.
This unique platform functions as a stock exchange-like marketplace, enabling users to participate in real estate investment in a highly accessible and dynamic manner. ALT DRX has launched two new properties in Bangalore to invest in.
In a real estate market driven by strong demand within India's housing sector, ALT DRX's platform capitalizes on residential properties' remarkable capital appreciation potential, outperforming commercial counterparts. The platform also addresses the increasing demand for rental growth in residential spaces due to inflation, providing investors with a distinctive advantage. Furthermore, ALT DRX's launch marks a transformative approach to real estate investment, placing emphasis on the thriving potential within the residential domain.
The recent proposal by the Securities and Exchange Board of India (SEBI) to regulate fractional ownership of real estate assets has stirred considerable debate. Fractional ownership, a concept that ALT DRX embraces, allows investors to pool resources for fractional investment in high-quality properties. According to a report by Knight Frank, the market size of fractional ownership in India is projected to reach USD 8.9 billion by 2025, showcasing its significant growth potential.
Moreover, ALT DRX's platform uniquely appeals to younger Indian investors by allowing them to invest in stable, rent-generating assets within their home country. This aspect adds a new dimension to the platform's value proposition, catering to the specific investment preferences of NRIs.
