NEW DELHI: hBits, a fractional ownership platform, has launched its new asset – Trillion Dollar MNC in Building Number 1, Commerzone, Yerwada, Pune. The asset is worth Rs 62.97 crore and aims to offer a five-year average rental yield of 8.54%.
It spans across a chargeable area of 40,000 sq ft. 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%.
The property is part of a 25.7 acres commercial campus.
Recently, hBits exited 32 Der Deutsche Parkz at an IRR of 17.54%.
Founded in 2018, the platform aims to offer an average rental yield of up to 10% with an expected IRR of up to 18% with its Grade A commercial assets.
