LandOrc brings lower cost capital to property developers with significant upsides and security to lenders—as reported by this PR Newswire story.
The growth in Indian real estate has caught the international investors’ eye with Blackstone, Hines, Berkshire Hathaway, and many others have already announcing big plans and partnerships in Indian real estate market.
In India, the Tier-2 and 3 cities are such a huge market and the funding gap is often seen in these cities that contribute by around 75% of India’s aggregate GDP. Crypto is making space in Indian technology landscape and there are many startups who provide tools and marketplaces for cryptocurrency based real estate portfolio management systems.
“LandOrc is focussing specifically on this segment by tapping into alternate funding available from the large capital base within Decentralised Finance (DeFi) and crypto assets of US$ 2.2 trillion, globally.”
—The PR Newswire
One of the key drivers in any real estate market is building trust and transparency in the transactions. The very basic model for blockchain is that the decentralized model establishes the trust in the entire transactions cycle. It ensures that the property developers are able to access lending faster, and the cost of capital is lower for them when compared to what is available to them today.
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