hBits Anticipates Investments of ₹1500-2000 Crore from Gujarat

Commercial real estate fractional ownership platform, hBits, is projecting investments ranging from ₹1500-2000 Crore from High Net Worth Individuals (HNIs) and investors in Gujarat over the next 3 to 4 years, as per an official release from the company recently.

With Gujarat being a pivotal market for hBits, already constituting nearly 20 percent of their investor base, the platform aims to capitalize on the versatility of investors from the state. Fractional ownership provides an avenue for Gujarat-based investors to diversify their portfolios by participating in Grade A commercial assets located throughout India.

Shiv Parekh, the Founder and CEO of hBits, highlighted the positive sentiments in the sector and expressed the company's commitment to expanding its investor base in Gujarat. Parekh emphasized the significance of reaching out to the High Net Worth Individual population in the state, considering them a key target audience. The strategic approach involves active engagement with investors in the coming quarters to scale up their investment values.

As hBits positions itself for growth and increased market presence, the proactive outreach to Gujarat underscores the company's strategic vision and commitment to facilitating diversified and accessible investments in commercial real estate.

HBL