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hBits Launches Rs 62.97 Cr Investment Opportunity in Pune’s Commerzone (Building Number 1) Yerwada


Pune, August 12, 2024: Fractional ownership platform, hBits, on Monday announced the launch of its new asset – ‘Trillion Dollar MNC’ in Building Number 1 (2nd Floor), Commerzone, Yerwada, Pune. The asset is worth Rs 62.97 crore and aims to offer a five-year average rental yield of 8.54%.
The newly launched asset spans across a chargeable area of 40,000 sq ft. having been leased for a period of five years to a US listed multinational giant. 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%.


hBits Founder & CEO, Shiv Parekh said, “Driven by robust regulatory policies and strong infrastructure development, our country is witnessing a significant uptick in leasing activity, and Pune is of the top cities experiencing this surge. Our new asset comes at a strategic time as the city experiences a robust demand for office spaces, making it an attractive investment opportunity for those looking for long term returns. We remain committed to democratizing real estate investment in India and by further harnessing the potential of SM REIT regulations, we will continue to provide investors the access to high-quality, Grade A commercial assets that were once an exclusive domain of larger investors.”
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