To be a digital medium for everyone to participate and benifit from co-ownership of high potential properties with smaller affordable amounts.
RealX is a digital platform that enables everyone to buy, sell and gain from fractional ownership in properties. All property deals, after due diligence, are presented online for our users to express interest. Once a property reaches its sale price, the property goes offline and the sale is executed at the registrar (with names of first co-owners as part of the sale deed). Post registration, the same set of co-ownership records (as registered) are created on a BlockChain based registry system (called PropChain) for all successful property transactions.
Post investment, professional Property Managers manage the day-to-day operations of the property. All rents are collected and processed through by RealX, and all co-owners can simply enjoy proportionate share of rental income (after suitable deductions).
All co-owners are free to negotiate any sale of their fractional holdings on the platform (after the initial lock-in period). they can also choose to vote on any buy-out proposal that may be presented to them through the Property Manager.
Being a digital transaction platform, all transactions (investments, exits as well as rental income distribution) are processed digitally.
Our principle purpose to create RealX is to enable a simple and direct way for everyone to participate in real estate. We believe our property transactions must be
Our goal is to create a marketplace that empowers its users with an option of directly participating in Real Estate as a financial asset. It's your asset and you and only you should have the rights to decide when to buy and when to sell.
We wanted to bring in best in class process, governance and technology for you. While, we cannot protect you from inherent risks associated with owning property, but we can surely to create a trusted environment for you to participate.
Our goal is to ensure that there is a maker-checker in everything we do. As a principle, we ensure that no entity has significant control over everything.
Here's how we have implemented this
Welcome to the World of Digital Real Estate!
Ghulam Mohammed was part of the top management team at Mahindra Group. During his 30 years with the group he held various leadership roles across technology, finance and strategy for various group companies. He is currently board member and advisor to several companies in the IT, Financial Services, Manufacturing, FMCG and Energy sectors in India, UK and the UAE.
Sanjay has 21+ years of rich experience in Regulatory and business environment. After serving SEBI for over eleven years, he worked with Indiabulls Group wherein he was instrumental in launching its Commodity Exchange Venture (ICEX), and later asset management business their founding CEO.
Chairman of CosmicMandala15 Group. He has rich experience of more than 30 years, where a large part of which was across various functions at his family promoted firm JM Financials wherein he also served as Managing Director. Later he established CosmicMandala15 a boutique advisory firm. He is also Chairs the PE&VC Committee of the Bombay Chamber of Commerce & Industries and a member at the Gateway House Indian Council on Global Relations the ‘Think Tank’