Nila Spaces Invests ₹6 Crores in Alt DRX to Advance Real Estate Tokenization in India

Nila Spaces Limited, one of Gujarat’s most trusted and design-led real estate developers, has announced a strategic investment of ₹6 crores to acquire an approximately 1.40% minority stake in Alt DRX, a fintech start-up at the forefront of asset and real estate tokenization in India.

The investment signals a decisive step in accelerating the transition of real estate tokenization from early adoption to scaled growth. The current funding round has also seen participation from marquee global institutions and leading Indian family offices, underlining growing confidence in the convergence of consumer demand, regulatory clarity, and asset-owner readiness for tokenized real estate in India.

Talking about the investment, Deep Vadodaria, Managing Director, 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 developments across Ahmedabad and GIFT City, Nila Spaces has consistently championed progressive, tech-integrated real estate. The partnership with Alt DRX reinforces the company’s commitment to financial innovation that expands access, transparency, and long-term value creation in housing.

“We are grateful to the Board of Nila Spaces, particularly Deep Vadodaria and Prashant Sarkhedi, for their conviction in the transformative potential of tokenization,” said Anand Narayanan KB, Founder, Alt DRX. “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, enabling fractional ownership and lowering entry barriers for a wider demographic, while maintaining institutional-grade governance and transparency.