Bengaluru, July 25h, 2022: The BHIVE Group, which has interests in commercial real estate and fintech, on Monday announced that it has seen massive response for its fractional ownership offering at Koramangala. This enables investors to own a share in premium commercial real estate in Bengaluru and earn attractive returns. With a minimum investment ticket size of Rs 10 lakhs, investors can earn a gross rental yield of nearly 10.27% annually with monthly pay-outs and total return of 15.18% per annum including property appreciation.
Through this investment tool, investors will be able to own a share in a Grade-A office space in Koramangala, Bengaluru which is a popular start-up destination. Spread across 9,600 square feet with G+4 Floors, this pre-leased property has a built-up area of 22,385 square feet and also comes with Basement Parking. Investors can also exit and reap the benefits of capital appreciation estimated nearly 5-10% per annum.
Fractional ownership is fast emerging as a popular means of investment for the retail investors in India which allows them to own a part of the property – commercial, warehousing or industrial parks. This mode of investment is gaining prominence as it offers an opportunity to invest with a minimal ticket size, stay invested for long-term into a stable asset class offering high returns, a convenient way of investment with no hassles of managing the asset and the ease of exiting the investment.
Commenting on the launch of the company’s new offering, Shesh Rao Paplikar, Chief Executive Officer and Co-Founder BHIVE Group said, “Over the past decade, there has been a tectonic shift in the investment pattern in the Indian real estate with investors looking for greater flexibility in investments with limited or minimal management hassles. This has made fractional real estate ownership quite popular and is the future of investing. Buying 2nd and 3rd residential apartments for investments is no longer popular since rental yields have dropped to 2-3% across major cities. Yield from commercial real estate is not just slightly more, it is many times more than Residential Real Estate. This is the real reason savvy investors are moving to commercial real estate.”
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