Legals
Regulatory Status Acknowledgment
Regulatory Status
Landbitt facilitates tokenised beneficial interest for derivative rights to real estate investments. At present, there is no specific legislation in India governing asset tokenisation. A private member’s bill – the Asset Tokenisation (Regulation) Bill, 2026 – has been introduced in Parliament but is not yet law. Landbitt voluntarily adheres to industry best practices and will continue to monitor regulatory developments. Nothing on this website constitutes an offer of securities or a collective investment scheme.
Landbitt facilitates tokenised beneficial interest for derivative rights to real estate investments. At present, there is no specific legislation in India governing asset tokenisation. A private member’s bill – the Asset Tokenisation (Regulation) Bill, 2026 – has been introduced in Parliament but is not yet law. Landbitt voluntarily adheres to industry best practices and will continue to monitor regulatory developments. Nothing on this website constitutes an offer of securities or a collective investment scheme.
Rationale: This disclaimer clarifies that the current environment is unregulated, mentions the bill to show awareness, and avoids any suggestion that Landbitt’s tokens are securities.
Nature of the Token
What You Are Acquiring
The token issued by Landbitt represents a digital record of your beneficial interest to derivative rights to a fractional interest in the underlying real estate asset, as detailed in the applicable offering document. It does not constitute a security, a collective investment scheme, or a deposit under any Indian law unless expressly stated otherwise by a competent regulator. Your rights and obligations are governed by the token subscription agreement and the offering document.
The token issued by Landbitt represents a digital record of your beneficial interest to derivative rights to a fractional interest in the underlying real estate asset, as detailed in the applicable offering document. It does not constitute a security, a collective investment scheme, or a deposit under any Indian law unless expressly stated otherwise by a competent regulator. Your rights and obligations are governed by the token subscription agreement and the offering document.
Rationale: This addresses the likely requirement under Section 3 of the bill (legal recognition of asset tokens) without assuming the bill is law. It also clarifies the
contractual nature.
contractual nature.
Offering Document Availability
Offering Document
Prior to making an investment, you will be provided with an offering document for the specific property. This document contains details of the property, valuation, risks, fees, and your rights as a token holder. Please read it carefully before investing. The offering document is not a prospectus under the Companies Act, 2013, nor is it filed with any regulatory authority.
Prior to making an investment, you will be provided with an offering document for the specific property. This document contains details of the property, valuation, risks, fees, and your rights as a token holder. Please read it carefully before investing. The offering document is not a prospectus under the Companies Act, 2013, nor is it filed with any regulatory authority.
Rationale: While Section 10 of the bill mandates an offering document, Landbitt can voluntarily provide such a document to ensure transparency and informed decision‑making.
Investor Suitability and KYC
Eligibility and KYC
Landbitt may, from time to time, prescribe eligibility criteria (such as minimum net worth or investment amount) for investors. All investors are required to complete a Know Your Customer (KYC) process in accordance with the Prevention of Money Laundering Act, 2002. We reserve the right to refuse any investment that does not meet our internal policies.
Landbitt may, from time to time, prescribe eligibility criteria (such as minimum net worth or investment amount) for investors. All investors are required to complete a Know Your Customer (KYC) process in accordance with the Prevention of Money Laundering Act, 2002. We reserve the right to refuse any investment that does not meet our internal policies.
Rationale: The bill (Section 9(d)) requires KYC/AML compliance. Even without the bill, PMLA obligations exist. This disclosure highlights Landbitt’s voluntary adherence.
Custody and Security
Custody of Assets and Tokens
The underlying real estate asset is held in a structure (e.g., a special purpose vehicle) for the benefit of token holders. The tokens themselves are recorded on a distributed ledger. Landbitt employs commercially reasonable security measures to protect the digital records.
The underlying real estate asset is held in a structure (e.g., a special purpose vehicle) for the benefit of token holders. The tokens themselves are recorded on a distributed ledger. Landbitt employs commercially reasonable security measures to protect the digital records.
Rationale: Section 12 of the bill requires registered custodians. While not yet mandatory, disclosing the custody arrangement builds trust.
No Assured Returns
No Guarantee of Returns
Real estate investments carry risks, including illiquidity, market fluctuations, and potential loss of principal. Landbitt does not guarantee any return on investment, rental income, or appreciation. Past performance of any property is not indicative of future results.
Real estate investments carry risks, including illiquidity, market fluctuations, and potential loss of principal. Landbitt does not guarantee any return on investment, rental income, or appreciation. Past performance of any property is not indicative of future results.
Rationale: This reflects the bill’s prohibition on mis‑selling (Section 14) and is a standard investor protection measure.
Grievance Redressal
Grievance Redressal
For any complaints or grievances, please contact our Grievance Officer:
Name: Sneha
Email: Grievance@landbitt.com
We endeavour to acknowledge all complaints within 48 hours and resolve them within 15 business days.
For any complaints or grievances, please contact our Grievance Officer:
Name: Sneha
Email: Grievance@landbitt.com
We endeavour to acknowledge all complaints within 48 hours and resolve them within 15 business days.
Rationale: Section 14 of the bill requires grievance mechanisms. Voluntarily providing one demonstrates customer centricity.
Risk Factors
Key Risks
- Regulatory Risk: The legal framework for tokenisation in India is evolving. Future legislation (such as the pending Asset Tokenisation Bill) may impose additional compliance requirements that could affect the tokens or your investment.
- Liquidity Risk: There is currently no active secondary market for these tokens. You may not be able to sell or transfer your tokens until a registered trading platform emerges.
- Technology Risk: The tokens rely on distributed ledger technology; there is a risk of cyberattacks, technical failures, or unauthorised access.
- Market Risk: Real estate values can decline, and rental income may vary.
These risks are more fully described in the offering document.
Rationale: Comprehensive risk disclosure is a core principle of the bill (Section 9(c)). Voluntarily listing key risks aligns with best practices.
Jurisdiction and Dispute Resolution
Governing Law
Any disputes arising out of or in connection with your investment shall be governed by the laws of India and shall be subject to the exclusive jurisdiction of the courts in Ahemdabad. If the Asset Tokenisation Bill becomes law, any regulatory appeals may lie to the Securities Appellate Tribunal.
Any disputes arising out of or in connection with your investment shall be governed by the laws of India and shall be subject to the exclusive jurisdiction of the courts in Ahemdabad. If the Asset Tokenisation Bill becomes law, any regulatory appeals may lie to the Securities Appellate Tribunal.
Rationale: This clarifies the legal forum and acknowledges the potential future role of SAT.