HomeLatest hBits Announces New Pune Asset with 14.53% IRR

 hBits Announces New Pune Asset with 14.53% IRR

hBits, a prominent player in the fractional ownership sector, has unveiled its latest asset offering—a commercial property valued at Rs 62.97 crore located in Pune. This new asset, named Trillion Dollar MNC, is situated within Building Number 1 of the Commerzone complex in Yerwada, spanning a substantial 40,000 square feet of chargeable area.

The asset is designed to appeal to investors with an entry yield of 8.75%, promising a five-year average rental yield of 8.54%. Moreover, it offers an attractive internal rate of return (IRR) of 14.53%. This property is part of a larger 25.7-acre commercial campus, enhancing its appeal to potential investors seeking stable returns in the real estate sector. hBits, which was founded in 2018, continues to establish itself as a leader in fractional ownership by targeting high-quality Grade A commercial assets. The platform has set ambitious goals, aiming for an average rental yield of up to 10% and an expected IRR of up to 18% across its portfolio.

The launch of Trillion Dollar MNC follows hBits’ recent successful exit from the 32 Der Deutsche Parkz asset, which achieved an impressive IRR of 17.54%. This track record underscores the company’s capability in delivering robust returns to its investors. As fractional ownership gains traction among investors looking for high-yield opportunities in commercial real estate, hBits’ new Pune asset is poised to attract significant interest. With its competitive entry yield and promising return metrics, the property represents a compelling investment opportunity in the rapidly evolving Indian real estate market.

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