{"id":337390,"date":"2021-09-10T13:58:11","date_gmt":"2021-09-10T10:58:11","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/blockchain-based-platform-for-fractional-property-ownership-launches-in-india\/"},"modified":"2021-09-10T13:58:11","modified_gmt":"2021-09-10T10:58:11","slug":"blockchain-based-platform-for-fractional-property-ownership-launches-in-india","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/blockchain-based-platform-for-fractional-property-ownership-launches-in-india\/","title":{"rendered":"# Blockchain-based platform for fractional property ownership launches in India"},"content":{"rendered":"<p>&#8220;<strong># Blockchain-based platform for fractional property ownership launches in India <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDkvZmRhYzgyZjUtYWM1ZC00MzhjLTgzYTgtNzE3MjY3OTQ0MjIyLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>A fintech firm from Pune, India has launched a blockchain-based registry system named RealX that allows Indian citizens to purchase fractional ownership in properties.\u00a0<\/p>\n<p>A <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/news\/fintech-firm-realx-to-offer-fractional-ownership-of-real-estate\/articleshow\/86089808.cms\">report<\/a> from The Economic Times states that RealX has partnered with <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/trip-and-travel\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Trip &amp; Travel\" target=\"_blank\" rel=\"noopener\">Trip<\/a>villas, a holiday home rental service, to blend ownership of holiday properties in accordance with usage and yield. Tripvillas will also be responsible for managing the basket of holiday properties intended for co-investment.<\/p>\n<p>According to RealX COO and co-founder Neera Inamdar, the COVID-19 pandemic was a key driver for the platform\u2019s launch as the real estate market\u2019s instability concerned both property developers and investors. Citing the return of a comparatively stable market, she said:<\/p>\n<blockquote><p>\u201cWe offer \u2018direct deeded property co-ownership\u2019 and it is in the best interest of investors to become direct co-owners of the property.\u201d<\/p><\/blockquote>\n<p>Roshan Lionel, founder and CEO of Tripvillas, said that the RealX platform will soon allow Indian investors to co-own international properties on the platform to incentivize dollar-denominated income.<\/p>\n<p><strong>Related: <\/strong><strong><em>India to use Ethereum blockchain to verify diploma certificates<\/em><\/strong><\/p>\n<p>While Indian regulators&#8217; stance on crypto adoption is still unclear, the country continues to experiment with blockchain <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> in non-financial niches. <\/p>\n<p>Recently, the government of Maharashtra implemented a credentialing system for providing tamper-proof diploma certificates using the Ethereum blockchain. In partnership with blockchain startup LegitDoc, the Maharashtra State Board of Skill Development has started issuing digitally verifiable certificates. <\/p>\n<p>LegitDoc is also in talks with few other educational institutions in India that intend to implement a similar solution for countering the ongoing forgery of documents.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/blockchain-based-platform-for-fractional-property-ownership-launches-in-india\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Blockchain-based platform for fractional property ownership launches in India &#8221; A fintech firm from Pune, India has launched a blockchain-based registry system named RealX that allows Indian citizens to purchase fractional ownership in properties.\u00a0 A report from The Economic Times states that RealX has partnered with Tripvillas, a holiday home rental service, to blend&#8230;<\/p>\n","protected":false},"author":1,"featured_media":337391,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDkvZmRhYzgyZjUtYWM1ZC00MzhjLTgzYTgtNzE3MjY3OTQ0MjIyLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,17318,73711,71226,4965],"class_list":["post-337390","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-india","tag-investments","tag-real-estate","tag-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/337390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=337390"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/337390\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/337391"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=337390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=337390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=337390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}