Nila Spaces Lists GIFT City Project VIDA on Alt DRX, Enables Real Estate Tokenisation from 1 Sq Ft

Nila Spaces has listed its GIFT City project VIDA on Alt DRX, marking the first tokenised real estate asset under the platform’s Gujarat Tri-City Investment Opportunity.

The listing allows resident Indians to invest in GIFT City with entry starting from the equivalent of one square foot, significantly lowering the barrier to premium real estate ownership. Traditionally, high ticket sizes ranging from Rs 75 lakh to Rs 3 crore, along with long lock-in periods and limited liquidity, have restricted access to quality residential assets.

Through tokenisation, the VIDA project converts real estate into tradable digital units, enabling fractional ownership and faster transactions. The model reduces entry costs, simplifies processes and improves liquidity, allowing investors to buy and sell with greater flexibility.

What doesn’t change is the thing that matters most: every token is anchored to a tangible, stamp-duty paid, legally enforceable piece of real estate. Investors get the steadiness of bricks and mortar and the agility of a digital asset — without drifting into the speculative instruments that have burned Indian savers before.

Speaking on the development, 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. Through this model, investors can diversify meaningfully by participating in premium developments with as little as one square foot in digital ownership. It opens the door to capital appreciation while being anchored in a real, underlying asset, making it far more grounded than purely speculative avenues. With VIDA on Alt DRX, we are enabling broader participation in GIFT City’s growth story.”

Adding to this, Avinash Rao, Co-Founder of Alt DRX, said, “At Alt DRX, our focus has been on making investments into housing assets more inclusive, liquid, and technology-driven. The listing of VIDA as the first marquee asset in our Gujarat Tri-City Investment Opportunity reflects a growing demand among investors across India to access high-quality assets in Gujarat’s high-growth real estate corridor — Ahmedabad, Gandhinagar and GIFT City — without the constraints of large capital commitments. By combining trusted developers like Nila Spaces with our digital infrastructure, we are enabling a more flexible, transparent, and efficient way for Indians to participate in real estate ownership.”