hBits launches a ₹54.66 crore commercial property in Thane, India, targeting fractional ownership investors.

hBits, a fractional ownership platform, has introduced a new commercial property in Thane, India, valued at ₹54.66 crore. The Grade A asset, located in Ashar IT Park, spans 1.1 million square feet and is currently leased to a French tech multinational. hBits offers an entry yield of 8.75 percent and an expected internal rate of return of 15.16 percent. This move highlights the growing demand for commercial real estate in key Indian metros, driven by the thriving BFSI sector.

November 18, 2024
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