Alt DRX operates a digital platform enabling fractional real estate investment by allowing users to buy and sell property in small digital units, starting from 1 square foot. This service provides access to diverse real estate asset classes, including prime land and rental housing, with low entry thresholds. The platform aims to democratize real estate wealth-building through accessible digital ownership and investment education.
Funding
$6.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional real estate investments require significant capital, making it difficult for individual investors to diversify their portfolios or enter the market. High entry costs limit access to real estate as an asset class, preventing many from benefiting from potential rental income and long-term capital appreciation.
Solution
Alt DRX is a digital marketplace that enables users to buy, sell, and trade tokenized fractions of real estate, starting with investments as low as ₹10,000 for 1 square foot. By fractionalizing real estate assets, Alt DRX lowers the barrier to entry, allowing more investors to participate in the market. The platform provides opportunities for periodic rental income and long-term capital appreciation through a user-friendly interface. Alt DRX facilitates easy buying and selling of these digital real estate fractions, creating a liquid and accessible real estate marketplace. Users can diversify their investment portfolios with various real estate opportunities available on the platform.
Target Audience
Alt DRX targets individual investors, both resident and non-resident Indians, looking to invest in real estate with smaller capital outlays and diversify their investment portfolios.
Features
- Fractional ownership of real estate assets represented as ALT.SQFT tokens
- Marketplace for buying, selling, and trading ALT.SQFT tokens
- Low minimum investment starting from ₹10,000
- Opportunities for periodic rental income from owned ALT.SQFT
- Potential for long-term capital appreciation on real estate investments
- Virtual wallet for managing funds and transactions within the platform
- Digital contracts and e-signing for completing purchases
- KYC (Know Your Customer) verification process for secure onboarding