HBITS has launched a fractional ownership asset in Pune, making it easier for individuals to invest in commercial real estate. The asset is valued at Rs. 62.97 crore, reflecting the growing demand for commercial properties in the city.
HbitsFractional OwnershipCommercial Real EstatePuneReal Estate InvestmentReal Estate PuneAug 13, 2024
Fractional ownership is a model that allows multiple investors to collectively own a property, with each investor holding a proportionate share of the asset.
HBITS' platform allows multiple investors to purchase a portion of a commercial property, with each investor holding a proportionate share of the asset.
Investing in commercial real estate through HBITS provides a secure and transparent way for individuals to own a portion of a commercial property, with the potential for long-term capital appreciation and rental income.
The minimum investment required to invest in HBITS' fractional ownership asset in Pune is Rs. 10 lakh.
You can invest in HBITS' fractional ownership asset in Pune by visiting the company's website and following the online investment process.
Maharashtra has appointed 12 officers to expedite the recovery of Rs 912 crore under the MahaRera scheme, focusing on protecting the interests of homebuyers in key districts such as Mumbai City, Mumbai Suburban, Thane, and Pune.
The company is expecting a growth of 20-30% in bookings during 2024-25, driven by new project launches worth ₹2,000-2,500 crore.
Gurugram's real estate market has seen a significant surge in luxury project launches, reaching Rs 88,000 crore in 2024, reflecting a strong demand for upscale properties.
Recent data from a leading real estate consultancy reveals that retail space leasing in Grade-A malls and prime high streets across major cities has witnessed a significant 5% growth in 2024, driven by strong demand and consumer confidence.
Hindalco Industries has agreed to sell a land parcel in Maharashtra to Ekamaya Properties Pvt Ltd, a subsidiary of Birla Estates Pvt Ltd, for Rs 595 crore.
Piper Sandler remains optimistic about the housing market, predicting a continued rise in rental prices until 2026. This forecast aligns with recent market data, indicating that real estate companies are adapting to evolving market conditions.