August 28, 2024
Aasthi with Zoniqx to Shape the Future of Real Estate in GIFT City, India’s First Operational Greenfield Smart City and IFSC

Aasthi, a visionary in real estate investment and development, has engaged Zoniqx ("Zoh-nicks"), a global fintech leader, to enhance the tokenization and investment potential of its prime real estate offerings. This engagement will facilitate the conversion of Aasthi’s exclusive real estate assets, including a 100-acre lakefront property in Tennessee, and properties within India’s pioneering GIFT City, into security tokens. GIFT City, India’s first operational greenfield smart city and International Financial Services Centre (IFSC), provides a robust framework for fintech innovation and global investment. Through this move, Aasthi with Zoniqx aims to offer a compliant, secure, and efficient investment platform for both Indian and international investors.

Innovative Real Estate Investment Opportunities

Aasthi’s Tennessee lakefront project is a testament to its innovative approach to real estate investment. The project includes selling 25% of plotted land and developing luxury vacation rentals such as tiny homes, eco cabins, and glamping units, with a projected internal rate of return (IRR) exceeding 10%. The engagement of Zoniqx will enable Aasthi to offer investors secure, fractional ownership of these high-value properties through the power of tokenization.

Zoniqx’s state-of-the-art Tokenized Asset Lifecycle Management (TALM) solution and its Dynamic Compliant Interoperable Security Token (DyCIST) protocol will streamline the tokenization process, ensuring that all tokenized assets are compliant with regulatory standards and offer robust security features. This integration will provide investors with peace of mind as they navigate the new frontier of digital real estate investments.

Unlocking Investment Opportunities in GIFT City

Together their strategic focus on tokenization extends to GIFT City, India’s first operational greenfield smart city and international financial services center, developed on 886 acres of land. This project is a significant milestone as it opens up huge investment opportunities for Indian residents and NRIs. GIFT City offers an empowering framework with several benefits, including 100% income tax exemption for 10 years out of 15, exemption from currency control regulations, and a conducive environment for fintech innovation​. By engaging with Zoniqx, Aasthi aims to offer fractionalized investments in real estate within GIFT City, further expanding access to private securities on a regulated and transparent platform.

Expanding Investment Access

By leveraging Zoniqx’s global expertise and technology, Aasthi will broaden access to its real estate investments, attracting a diverse range of investors, including institutions, family offices, and high-net-worth individuals. Zoniqx’s comprehensive infrastructure will not only enable the tokenization of Aasthi’s real estate portfolio but also enhance the liquidity and visibility of these assets in the global market.

Aasthi Founder, Vamsi Atluru shared, "We’re thrilled to partner with Zoniqx to lead the future of real-world asset (RWA) tokenization. As the first SEC-regulated, United States-based investment fund based out of New York and integrated with the IFSCA fintech sandbox, we’re pioneering global investment opportunities—from real estate, hotels, short-term rentals, and wellness resorts to Indian startups and green energy ventures. This collaboration marks a major leap in democratizing high-value investments, offering unprecedented access to a secure, transparent, and innovative financial ecosystem.”

Broadening Investment Opportunities Across the U.S. and India

Aasthi is launching a unique 100-acre+ luxury lakefront with pre-vetted investments offering 20%+ IRR. Approvals have already been secured for Aasthi’s upcoming tokenized development offerings in Michigan, New Mexico, Utah, and Colorado. With IFSCA approval in GIFT City, Aasthi has become a globally regulated real estate tokenization platform, bridging investment opportunities between the U.S. and India. Aasthi will lead the fintech revolution in GIFT City, connecting its New York headquarters to the GIFT City financial hub. Currently, Aasthi is conducting final due diligence for its first two India real estate ventures, which will be launching in Hyderabad and Amravati.

In addition, Aasthi is expanding its focus to include clean energy investments within its mixed-use development real estate portfolio across the U.S. Aasthi is now offering tokenized investments in green energy and sustainable projects globally. Utilizing blockchain technology, Aasthi provides fractional investment opportunities with high yields, backed by government-supported ESG ventures in Andhra Pradesh, India. This strategic expansion into diverse, high-yield investment opportunities reinforces Aasthi's commitment to providing innovative, secure, and sustainable options for a global investor base.

About Aasthi

Aasthi is a leading real estate investment firm known for creating unique and valuable investment opportunities. Their projects, including the tokenized lakefront property in Tennessee, combine strategic development initiatives with a commitment to delivering exceptional returns to investors.

About Zoniqx

Zoniqx ("Zoh-nicks") is a global fintech leader headquartered in Silicon Valley, specializing in converting real-world assets into Security Tokens. It offers an interoperable, compliant infrastructure for the RWA tokenization market, enabling global liquidity and DeFi integration through its end-to-end ecosystem of SDKs and APIs. Zoniqx pioneers on-chain, fully automated RWA deployment on public, private, and hybrid chains. To explore how Zoniqx can assist your organization in unlocking the potential of tokenized assets or to discuss potential partnerships and collaborations, please visit our contact page at Zoniqx Contact.