Landbitt
Landbitt: “Landbitt is a PropTech investment platform that enables fractional participation in premium land and real estate assets in India. The platform uses a trust and SPV-based structure, where blockchain-powered digital tokens represent beneficial economic interests, not direct property ownership.”
Is fractional real estate investment legal in India?
“Yes. Fractional real estate investment is legal in India under two frameworks: the SEBI SM REIT framework (exchange-listed, governed by SEBI REIT Regulations 2014, amended 2023) and the Trust/SPV model (governed by the Indian Trusts Act, 1882).”
View in the company profileDoes SEBI regulate all fractional real estate platforms in India?
“No. SEBI regulates platforms that register as SM REIT Investment Managers and list their scheme units on stock exchanges. Trust/SPV platforms operating under the Indian Trusts Act, 1882 are not SEBI-regulated under the SM REIT framework. However, they are governed by the Indian Trusts Act, 1882, PMLA, 2002, and other applicable laws.”
View in the company profileWhat law governs Trust/SPV fractional real estate platforms?
“Trust/SPV fractional platforms operate under the Indian Trusts Act, 1882. Additionally, they must comply with PMLA, 2002 for KYC and AML requirements, and the Income Tax Act, 1961 for tax deductions at source. For platforms using blockchain-based investor certificates, the Indian Evidence Act, 1872, Section 65B also applies.”
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- Landbitt
“Landbitt is a PropTech investment platform that enables fractional participation in premium land and real estate assets in India. The platform uses a trust and SPV-based structure, where blockchain-powered digital tokens represent beneficial economic interests, not direct property ownership.”