2. The Problem with Real Estate

The global property market exceeds $235 trillion (USD), with residential property accounting for 79% of its value.

Despite its immense worth, the real estate industry is marred by slow, paper-dependent processes, leading to significant delays in property ownership changes and rendering property a highly valuable yet illiquid asset.

3.1 Challenges Today in Real Estate

· Low Liquidity: Property transactions entail lengthy processes, resulting in illiquidity and tying up investments for extended periods.

· High Fees: Transaction costs ranging from 6-10% of the property value deter potential investors.

· Lack of Transparency: Limited access to clear and auditable records makes informed decision-making challenging.

· Hard to Diversify: Traditional property investment often involves tying up funds in a single asset, limiting diversification opportunities.

· High Entry Barriers: Cumbersome processes and high costs discourage new investors, contributing to limited accessibility to property ownership.