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Gujarat-based developer Nila Spaces Limited has announced a ₹6 crore investment in Alt DRX, acquiring a 1.40% minority stake in the fintech company that is pioneering asset and real estate tokenization in India. The move signals growing confidence in tokenization as a transformative model for property ownership, with participation from global institutions and leading Indian family offices in the same funding round.
The investment is positioned as a catalyst for scaling tokenization from early adoption to mainstream growth. By enabling fractional ownership and lowering entry barriers, tokenized housing products promise to make property investment more accessible to a wider demographic, while maintaining institutional-grade governance and transparency.
Deep Vadodaria, Managing Director of Nila Spaces, said: “At Nila Spaces, we have always built with the future in mind through thoughtful design, technology-led innovation, and inclusive ownership models. We strongly believe that real estate tokenization will redefine how India participates in property ownership. Our investment in Alt DRX is a strategic move towards making housing more accessible to Middle India one square foot at a time.”
With landmark projects across Ahmedabad and GIFT City, Nila Spaces has consistently championed progressive, tech-integrated real estate. The partnership with Alt DRX reinforces its commitment to financial innovation that expands access, transparency, and long-term value creation in housing.
Anand Narayanan KB, Founder of Alt DRX, welcomed the investment: “We are grateful to the Board of Nila Spaces, particularly Deep Vadodaria and Prashant Sarkhedi, for their conviction in the transformative potential of tokenization. Together, we aim to build a scalable, compliant, and transparent ecosystem that fundamentally reshapes how Indians invest in and own real estate.”
The collaboration will focus on developing regulatory-compliant, investor-friendly tokenized housing products. By combining Nila Spaces’ real estate expertise with Alt DRX’s fintech innovation, the partnership aims to accelerate adoption of tokenization in India’s property market, offering new pathways for ownership and investment.
As India’s housing sector evolves, this investment underscores how technology and financial innovation are converging to reshape the future of real estate—making property ownership more inclusive, transparent, and adaptable to the needs of a new generation of buyers.
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