Nila Spaces Lists VIDA on Alt DRX, Enables Fractional Ownership

30 Apr 2026 CW Team

Nila Spaces has listed its GIFT City residential project VIDA on Alt DRX, marking the first tokenised asset under the platform’s “Gujarat Tri-City Investment Opportunity.” The move enables retail investors to participate in premium real estate across Ahmedabad, Gandhinagar and GIFT City starting from the equivalent of 1 sq ft ownership.

The initiative aims to address traditional barriers in residential real estate investment, including high entry costs, low liquidity and lengthy transaction cycles. By enabling fractional ownership, the model reduces entry thresholds from Rs 7.5 million–Rs 30 million to significantly smaller ticket sizes, while introducing a digital transaction layer for faster and more flexible investment and exit.

Importantly, each digital token is backed by a legally enforceable, stamp-duty-paid real estate asset, combining physical asset security with digital liquidity.

Deep Vadodaria, MD & CEO, Nila Spaces, said, “Our vision is simple — every Indian should have access to real estate as part of their investment portfolio…”

Avinash Rao, Co-Founder, Alt DRX, added, “At Alt DRX, our focus has been on making investments into housing assets more inclusive, liquid, and technology-driven…”

The development reflects a broader shift towards technology-led real estate investment models, positioning GIFT City as a key node for innovative, accessible property ownership formats.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..