Well, we have seen how in some countries governments and corrupt government officials have changed property deeds or even destroyed it. They also have centralized storage of that data and the risk of losing that data is huge. (It is a prime target)
We know the Blockchain data are immutable and the data is decentralized, so it is an ideal option for the storage of property deeds or the proof of ownership of real estate to reduce the risks mentioned above.
I think NFT's are a fad.... and they will be gone in a few years.... The Bitcoin Blockchain has been with us for years now.