  Blockchain technology is one of the key technologies that have revolutionized
various facets of society, such as the banking, healthcare, and other critical
ecosystems. One area that can harness the usage of blockchain is the real
estate sector. The most lucrative long-term investment is real estate, followed
by gold, equities, mutual funds, and savings accounts. Nevertheless, it has
administrative overheads such as lack of transparency, fraud, several
intermediaries, title issues, paperwork, an increasing number of arbitrations,
and the lack of liquidity. This paper proposes a framework that uses blockchain
as an underlying technology. With the aid of blockchain and the suite of tools,
it supports many of these problems that can be alleviated in the real estate
investment ecosystem. These include smart contracts, immutable record
management, tokenization, record tracking, and time-stamped storage.
Tokenization of real estate lowers the entry barrier by fixing liquidity and
interoperability and improving the interaction between various stakeholders.
