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General
Buying Process:
- Browse the listed properties and select the desired property.
- Choose the number of tokens you wish to invest.
- Make a payment that includes a breakdown of all the associated fees.
- The invested token will be visible in your portfolio.
- List the tokens you wish to sell at a price determined by the AI, i.e., either at the market price or at a price that is above the market price and equal to the limit price, which you may select.
- After 24 hours, the tokens will be listed in the resale phase of the token resale window on the marketplace.
There are four phases of token sales:
Open: This phase is open to all investors who can participate in both public sale and presale.
Sold Out: This category includes projects that have completely sold out. Investors can purchase tokens from other investors in the marketplace when resale phase starts.
Resale: This phase allows investors to purchase tokens for a property that is currently in resale from the initial owner in the marketplace.
Launching: This phase allows users and investors to subscribe to upcoming projects and get notified when they go live for the open sale.
Investment
Legal
The returns that investors can expect from investing in PropFTX will depend on a number of factors, including the market value of the property, the number of tokens owned, and the prevailing market conditions. Generally, investors can expect to earn a return on their investment in two ways: through capital gains and through rental income.
Capital gains refer to the increase in the value of the property over time. Each individual token on PropFTX is assigned a target IRR%, which represents the expected annualized rate of return that investors can expect to earn on their investment. This target IRR% takes into account factors such as the property's market value, potential for appreciation, and expected holding period.
Rental income, on the other hand, refers to the income that investors can earn from renting out the property. If the property is leased or rented out to a tenant, investors will receive a share of the rental income on a monthly or quarterly basis. The rental income is denoted by 'Yield%', which represents the expected annualized yield that investors can expect to earn on their investment.
It is important to note that while PropFTX strives to provide investors with competitive returns, there is no guarantee of any particular return on investment. Investors should carefully consider their investment objectives, risk tolerance, and financial situation before making any investment decision.
As per Indian tax laws, NRIs are required to pay taxes on their Indian income, including any capital gains generated from the sale of the tokenized property. The capital gains tax for NRIs is different from that for Indian residents and depends on various factors such as the period of holding, the type of property, and the applicable tax treaties. Additionally, NRIs may also have to comply with tax regulations in their country of residence. We advise NRIs to consult with a tax professional to understand their tax obligations and benefits related to their investment in tokenized real estate properties in India.
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