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Title: RWA Leading Project Oraclizer Collaborates with India's flexiProps on Real Estate Asset Tokenization

Grand Cayman, Cayman Islands, 6th Jul 2024 - The RWA tokenization project Oraclizer, led by CEO Jonghun Hong, has entered into a partnership with Challa Properties Pvt, Ltd. Established in 2004, Challa Properties operates the real estate fractional investment platform flexiProps, which services users in Dubai. The collaboration aims to tokenize Indian real estate on Oraclizer's platform to facilitate trading.flexiProps is a real estate-based crowdfunding platform targeting an annual return of 8-12%. The company owns properties in Chennai and northern Mumbai, India, and allows for fractional investment in these properties. Its primary users are based in Dubai, and the platform has successfully completed crowdfunding for several properties, securing many users and additional investment opportunities. Users of flexiProps can invest in properties identified through thorough data analysis and market research, and they can receive rental income or profits from property value appreciation.Jonghun Hong, Lead of Horizen Korea Team, which operates Oraclizer, stated, “Through this business collaboration, we can now trade and invest in Indian real estate on the Oraclizer tokenization platform, bringing one of blockchain's key benefits, global liquidity, to India. While there are many domestic trading platforms for fractional investment both in Korea and abroad, we are excited about the collaboration with flexiProps, which chose Oraclizer as a method to reliably provide global liquidity through blockchain.”In 2024, India's residential real estate sector is expected to maintain continuous growth driven by strong demand. The increasing urbanization and growing middle class in India are contributing to the steady rise in demand for residential properties. The commercial real estate sec...

This press release is issued by King Newswire