Maharashtra Plans India's First Land Tokenisation Law Under DELTA Act

9 Sept 2026, 4:07 pm · 3d ago · 1 min read · Inc42

Maharashtra is developing India’s first state-level legal framework for blockchain-based tokenisation of land and immovable assets, Chief Minister Devendra Fadnavis announced at the Global Fintech Fest 2026. The proposed Maharashtra Digitisation and Exchange of Land Token Asset (DELTA) Act follows directives issued in July. An expert panel with representatives from SEBI, BSE, NSE, tech, and legal sectors is shaping the policy. Fadnavis estimated the framework could unlock around ₹50 Lakh Cr in illiquid real estate wealth, enabling property owners and entrepreneurs to easily access capital against physical assets while enhancing transaction transparency.