New Delhi, March 26 Realty firm Manasum Senior Living has partnered with Alt DRX India to offer fractional ownership to investors in housing projects for the elderly.
Alt DRX India is a Direct-to-Consumer (D2C) tokenized digital real estate marketplace that allows retail investors to buy and sell fractionalized housing assets starting from as little as 1 square foot.
In a statement on Thursday, Manasum Senior Living said it has partnered with Alt DRX India to enable tokenized, digital investment in senior living real estate.
"This collaboration aims to open up prime senior living investment opportunities to a wider audience, allowing investors to participate with as little as Rs 10,000, without the complexities of traditional property ownership," Manasum said.
Some of the Manasum projects will be listed on the Alt DRX digital asset platform.
Manasum, which has projects in Bengaluru, Mysuru, Goa, Tirupati, and now GIFT CITY, Ahmedabad, intends to list around 25% of its inventory, totaling around 25 crore.