📷 Image: Wikimedia Commons / Singh PreetManak
Business
Maharashtra to Introduce DELTA Act for Tokenising Immovable Properties
✍️ Business Standard
🗓 09 Sep 2026, 08:49 PM
👁 27
Maharashtra is set to launch the DELTA Act, a new legislation that will allow immovable properties to be tokenised on a digital platform, aiming to streamline property transactions and enhance transparency.
The state government announced plans to introduce the DELTA Act, a legislative framework that will enable the tokenisation of immovable properties. Under the new law, property titles will be represented as digital tokens on a blockchain‑based ledger, potentially simplifying transfer processes and reducing paperwork.
The act is expected to bring greater transparency to the real‑estate market by recording all transactions on an immutable digital record. It may also facilitate fractional ownership, allowing multiple investors to hold stakes in a single property.
Maharashtra officials said the legislation will be drafted in the coming months and is likely to be passed by the state assembly before the end of the year. The government highlighted the move as part of its broader push to digitise land records and improve property rights enforcement.
Stakeholders in the real‑estate sector have welcomed the proposal, noting that tokenisation could reduce fraud and speed up settlement times. However, industry experts caution that robust cybersecurity measures will be essential to protect sensitive property data.
The DELTA Act will be a first‑of‑its‑kind initiative in India, positioning Maharashtra at the forefront of digital property management in the country.
The act is expected to bring greater transparency to the real‑estate market by recording all transactions on an immutable digital record. It may also facilitate fractional ownership, allowing multiple investors to hold stakes in a single property.
Maharashtra officials said the legislation will be drafted in the coming months and is likely to be passed by the state assembly before the end of the year. The government highlighted the move as part of its broader push to digitise land records and improve property rights enforcement.
Stakeholders in the real‑estate sector have welcomed the proposal, noting that tokenisation could reduce fraud and speed up settlement times. However, industry experts caution that robust cybersecurity measures will be essential to protect sensitive property data.
The DELTA Act will be a first‑of‑its‑kind initiative in India, positioning Maharashtra at the forefront of digital property management in the country.