Property Token
What is a FRAX?
FRAX is RealX’s unit of fractional real estate ownership — the smallest legally-backed, blockchain-recorded slice of property you can own
The One-Line Definition
1 FRAX = 1 square inch of real estate asset ownership
This precise definition means there is no ambiguity about what you own
Why We Created It
The Problem FRAX Solves
Real estate has always had a minimum ticket size problem. A ₹10 crore commercial property cannot be split and sold to 10,000 investors under traditional models
FRAX solves this by creating a standardised, mathematically defined unit of ownership that can be minted on blockchain and transferred with the same ease as sending an email
The result: a ₹10 crore property can be legitimately owned by thousands of investors.
Example: How FRAX Works
| Metric | Value |
|---|---|
| Property Value | ₹10.2 Crore |
| Total FRAX Issued | 45,57,024 |
| Price per FRAX | ₹24.315 |
| Minimum Investment | ₹5,000* (~205 FRAX) |
| Investors | 154 |
| Annual Yield | 9.4%** |
**Past performance. Not a guarantee of future returns.
Ownership Mechanics
What FRAX Ownership Means Legally
Property Rights
Direct Beneficial Ownership
Each FRAX token represents a direct beneficial ownership right under the SDR framework — not a share in a company
Court-Enforceable
Legally Recognised
FRAX ownership rights are recognised under Indian property law and can be upheld in court
Blockchain-Backed
Immutable Record
Your FRAX holdings are recorded on a distributed ledger — immutable and cannot be altered without your consent
Your FRAX Journey
From Purchase to Income
1
Browse & Choose a Property
Each listed property shows price per FRAX, total available, projected yield, and all documentation
2
Purchase FRAX via the Platform
FRAX tokens are minted and allocated to your DLT wallet immediately upon payment confirmation
3
Hold & Earn
Rental income is distributed proportionally to all FRAX holders on the distribution schedule
4
Trade or Exit (via RX Secondaries)
FRAX tokens will be tradable on RX Secondaries — RealX’s upcoming secondary market
FRAX vs. Traditional Ownership
A Direct Comparison
| Feature | Traditional Real Estate | FRAX (RealX) |
|---|---|---|
| Minimum investment | ₹50L – ₹3Cr+ | ₹5,000* |
| Ownership record | Paper deed, manual registry | Blockchain DLT wallet + legal docs |
| Legal structure | Full title / SPV shares | Direct beneficial rights under SDR |
| Transferability | Months, heavy paperwork | Digital transfer via secondary market |
| Income distribution | Manual, often delayed | Smart contract, automated |
| Divisibility | Impractical | Down to 1 sq inch of 1 sq ft |
| Transparency | Opaque, registry-dependent | Full — immutable blockchain record |
Note: FRAX tokens are property tokens representing fractional beneficial ownership. They are not securities or deposits. Returns are not guaranteed.
Own your first FRAX today
Starting from ₹5,000*. Full legal documentation. Blockchain-backed