Dubai, UAE, 03 October 2024– Pinvest.Exchange has inaugurated its new office in Dubai, marking a strategic step in its global expansion efforts. The new office aims to serve both Indian investors interested in Dubai real estate and Non-Resident Indians (NRIs) in the Middle East and North Africa (MENA) region who are seeking investment opportunities in India’s property market.
With its presence now established in the USA, UAE, India, Singapore, and Canada, Pinvest.Exchange is positioning itself as a pioneering entity in the PropTech sector, with plans to create the first truly global PropTech enterprise originating from India.
Founder Tushar Deochakke commented on this milestone, noting, “Opening our Dubai office is a proud moment for the company. Backed by a highly experienced senior management team in real estate Mr. Sanjay Mahapadi as Managing Director – MENA with 27+ years of holistic experience in the region and Dr. Rahil in our team who possess deep real estate expertise we are well-equipped to connect the Indian property market with NRI investors throughout the MENA region.“
Expanding Horizons: Real Estate Tokenization and Property Management
The Dubai expansion is part of Pinvest.Exchange’s broader vision, which includes the tokenization of properties in the USA, Canada, and India’s GIFT City. This innovative service will enable fractional ownership of real estate, utilizing blockchain technology to enhance accessibility, liquidity, and transparency in property investments.
Additionally, the company is working to extend its footprint into Saudi Arabia, among other future markets. The introduction of property management services in Dubai further underscores its commitment to offering comprehensive real estate solutions, already having onboarded several clients in the UAE.
Pinvest.TV: Empowering Investors Through Edutainment
Alongside its real estate initiatives, Pinvest.Exchange has introduced Pinvest.TV, an edutainment platform designed to educate investors on topics like property management, tokenization, and real estate trends. The platform already boasts over 75 educational videos available on YouTube and Facebook, with plans to launch on Over-The-Top (OTT) platforms soon, broadening its audience reach.
A Disruptor in the Real Estate Sector
Since its foundation in 2019 and its operational debut in 2023, Pinvest.Exchange has rapidly become a major player in the global real estate and infrastructure markets. With a focus on building the first regulated real estate and infrastructure exchange, the company’s digital ecosystem enables users to list, buy, sell, or rent properties without the usual fees associated with property platforms, making it a more transparent and inclusive experience for all stakeholders.
Leading the Way in Real-World Asset Tokenization
Pinvest.Exchange is also at the forefront of securitizing and tokenizing real-world assets (RWA), facilitating 24/7 trading. The platform integrates blockchain and AI to streamline transactions and eliminate the cumbersome paperwork typically associated with property transactions. With sandbox approval from IFSCA (India’s FinTech Regulator) at GIFT City, Pinvest.Exchange has already onboarded international assets and operates across key markets, including the USA, UAE, Canada, Singapore, and India.
By addressing challenges such as lack of transparency, low liquidity, and slow transaction processes, Pinvest.Exchange is redefining the standards of real estate investment through its use of tokenized assets and an entirely digital platform.
Future Prospects
In its relatively short operational period, Pinvest.Exchange has achieved numerous milestones, including:
Conditional approval from IFSCA for real estate tokenization sandbox testing.
Listing of thousands of properties, with over 50 major projects in Hyderabad.
Launch of legal services for real estate transactions.
Ongoing partnerships with 7+ banks for online home loan approvals, with 25 additional partnerships underway.
Continued growth of Pinvest.TV, with expansion plans into OTT platforms.
A Vision for a Transparent Future
Looking ahead, Pinvest.Exchange is committed to its vision of creating a transparent, liquid, and inclusive real estate market, where blockchain and tokenization technologies can democratize property investment opportunities worldwide.
As Founder Dr. (h.c.) Tushar Deochakke concluded, “We are immensely grateful for the support we’ve received so far. With our established presence in South Asia, South East Asia, the Middle East, and North America, we look forward to leveraging these global opportunities and expanding our offerings.”
Pinvest.Exchange continues to focus on launching new services and expanding into new markets, aiming to establish itself as a game-changer in the PropTech industry.
Visit Pinvest.Exchange‘s official website to learn more about their innovative offerings, or connect them at [email protected].
