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.

Real Estate

30 Apr 2026

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