5 days ago
Vertex, Alt DRX Open Mangaluru Commercial Property to Retail Investors
Vertex Workspace and Alt DRX are working together to let more people invest in a commercial building in Mangaluru.
The building is called Vertex Ashoka Business Centre and is already operating.
Usually, buying part of a large office property can require a lot of money.
Through Alt DRX, investors can choose a smaller digital unit linked to the property.
The starting size is 1 square foot, priced at about ₹16,000.
Investors may receive a share of the rent earned by the building, depending on the investment terms.
They may also be able to sell or transfer their units using the platform’s available mechanisms.
The companies say this gives investors from across India a more accessible way to participate in Mangaluru’s growth.
Vertex Workspace and Alt DRX announced a partnership focused on Mangaluru’s commercial real estate growth.
Vertex Ashoka Business Centre, an operational commercial asset, has been listed on the Alt DRX platform.
Individuals can participate through digital units starting from 1 square foot at approximately ₹16,000 per square foot.
Eligible investors may receive proportionate rental income and sell or transfer units under applicable terms and market mechanisms.
The partnership was announced at Mangalore Capital Forum 2026 in Mangaluru on August 28, 2026.
- Who
- Vertex Workspace, the managed workspace arm of Mukund Realty, and Alt DRX announced the partnership.
- What
- The companies listed Vertex Ashoka Business Centre on Alt DRX, allowing individuals to participate in the commercial asset through smaller digital units.
- Where
- Mangaluru, Karnataka, India.
- When
- The partnership was announced on August 28, 2026.
- Why
- The partnership is intended to make participation in operating commercial real estate accessible at a lower investment size than buying an entire office, floor, or building.
Key facts
- Asset
- Vertex Ashoka Business Centre
- Location
- Mangaluru
- Starting participation
- 1 square foot
- Indicative price
- Approximately ₹16,000 per square foot
- Potential investor benefit
- A proportionate share of rental income, subject to applicable terms
- Exit mechanism
- Sale or transfer of units, subject to applicable terms and available market mechanisms
- Announcement forum
- Mangalore Capital Forum 2026
Quotes
Gurudatta Shenoy
Managing Partner of Mukund Realty
“At Vertex, we are developing and operating commercial infrastructure for the next generation of companies coming into Mangaluru. We believe investors from across India should have an opportunity to participate in Mangaluru’s growth through accessible investment structures. Vertex Ashoka is our starting point. It is already operational, people can come and experience the asset, understand the businesses operating here and then decide whether they want to participate. Through Alt DRX, particip”
thehindubusinessline.com
“Technology allows us to digitally represent smaller units of that real estate, making participation possible at a much lower ticket size.”
thehindubusinessline.com
Sources
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