hBits Launches ₹62.97 Crore Fractional Ownership Asset in Pune
The property is part of a 25.7 acres commercial campus. Recently, hBits exited 32 Der Deutsche Parkz at an IRR of 17.54%. Founded in 2018, the platform aims to offer an average rental yield of up to 10% with an expected IRR of up to 18% with its Grade A c
HbitsFractional OwnershipCommercial Real EstatePuneInvestmentReal Estate PuneAug 12, 2024
It spans across a chargeable area of 40,000 sq ft. The rental inflow and purchase price of the asset offers an entry yield of 8.75% and an expected internal rate of return of 14.53%.
The property is part of a 25.7 acres commercial campus. Recently, hBits exited 32 Der Deutsche Parkz at an IRR of 17.54%. Founded in 2018, the platform aims to offer an average rental yield of up to 10% with an expected IRR of up to 18% with its Grade A commercial assets.
hBits is a fractional ownership platform that allows individuals to invest in commercial real estate with lower capital requirements. The platform provides a secure and transparent way for investors to own a fraction of a commercial property, earning rental income and potential long-term capital appreciation.
The launch of this new asset in Pune marks a significant milestone for hBits, as it continues to expand its portfolio of high-quality commercial properties. With its strong track record of delivering attractive returns to investors, hBits is poised to become a leading player in the fractional ownership market.
About hBits hBits is a fractional ownership platform that allows individuals to invest in commercial real estate with lower capital requirements. Founded in 2018, the platform aims to provide a secure and transparent way for investors to own a fraction of a commercial property, earning rental income and potential long-term capital appreciation.
hBits is a pioneering fractional ownership platform that is revolutionizing the way individuals invest in commercial real estate. With its user-friendly platform and commitment to transparency, hBits is making it possible for anyone to own a piece of a high-quality commercial property.
Information hBits was founded in 2018 with the goal of making commercial real estate investing more accessible to individuals. The platform uses a unique fractional ownership model, allowing investors to purchase a fraction of a property rather than the entire asset. This approach provides a lower barrier to entry and makes it possible for more people to invest in commercial real estate.
Frequently Asked Questions
What is fractional ownership?
Fractional ownership is a model of ownership where multiple individuals or entities own a portion of a property, rather than the entire asset.
How does hBits work?
hBits is a platform that allows individuals to invest in commercial real estate with lower capital requirements. Investors can purchase a fraction of a property, earning rental income and potential long-term capital appreciation.
What is the minimum investment required to invest in hBits?
The minimum investment required to invest in hBits varies depending on the specific property and investment opportunity. However, hBits aims to provide a lower barrier to entry than traditional commercial real estate investing.
How does hBits ensure transparency and security for investors?
hBits provides a secure and transparent way for investors to own a fraction of a commercial property. The platform uses a unique fractional ownership model and provides regular updates and reporting to investors.
What is the expected return on investment for hBits investors?
hBits aims to provide an average rental yield of up to 10% with an expected internal rate of return of up to 18% with its Grade A commercial assets.
Related News Articles
Keystone Realtors Raises Rs 800 Crore from Institutional Investors
Mumbai-based Keystone Realtors has raised Rs 800 crore by selling shares to institutional investors
Kerala Police Hand Over Mami Missing Case to Crime Branch to Avoid CBI Probe
The Kerala police have handed over the missing case of Mohammad Attur, a prominent real estate businessman, to the Crime Branch to prevent a CBI investigation.
Home Sales in Noida and Greater Noida Increase by 6% in Q3 2024
The residential property market in Noida and Greater Noida witnessed a 6% surge in registrations during the July-September quarter, with a total of 8,128 units sold, according to real estate consultant Square Yards.
Mumbai Real Estate Market Sees Significant Growth in 2024 with 1.41 Lakh Registrations
Mumbai's real estate market is on track to register 1,41,302 property registrations in 2024, marking an 11% increase from the previous year. The market is showing resilience and a growing preference for premium and spacious homes.
2025 Outlook: The Future of Commercial Real Estate in Tier-II and Tier-III Cities
In 2025, we can expect a significant rise in commercial real estate activity in Tier-II and Tier-III cities across India, driven by factors such as low operating costs, ample space, skilled talent, and infrastructure development.
Maharashtra's Transport Minister Pratap Sarnaik Invites CREDAI to Develop MSRTC Land
The Maharashtra Transport Minister, Pratap Sarnaik, has called on the Confederation of Real Estate Developers’ Associations of India (CREDAI) to participate in the development of 1,360 hectares of land owned by the Maharashtra State Road Transport Corpora