hBits offers investors ₹55 cr rent-yielding commercial asset in MMR for fractional ownership
1 month ago

hBits offers investors ₹55 cr rent-yielding commercial asset in MMR for fractional ownership

Live Mint  

New Delhi, Nov 18 Fractional ownership platform hBits is offering nearly ₹55 crore commercial property in the Mumbai region to high-net worth individuals and other investors. hBits Founder & CEO, Shiv Parekh said, the BFSI sector, especially fintech is thriving in the country accelerating the demand for commercial real estate across key metros. hBits platform enables investors to invest in high-yield, Grade-A commercial spaces at a ticket size as low as ₹30 lakh. The platform aims to offer an average rental yield of up to 10 per cent with an expected IRR of up to 18 per cent with its Grade A commercial assets.

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