"hBits Unveils ₹62.97 Crore Investment Opportunity at Pune’s Commerzone"

hBits, a prominent fractional ownership platform, has announced a new investment opportunity in Building Number 1 at Commerzone, Yerwada, Pune. Valued at ₹62.97 crore, this asset offers a promising five-year average rental yield of 8.54 percent.

The property, covering a chargeable area of 40,000 square feet, is leased for five years to a US-listed multinational corporation. Investors can expect an entry yield of 8.75 percent and a projected internal rate of return (IRR) of 14.53 percent.

Yerwada, situated in the Eastern Secondary Business District, is emerging as a major micro-market in Pune. Commerzone is highly desirable for office space due to its proximity to key infrastructure such as the metro station, railway station, airport, and shopping malls, according to hBits.

The 25.7-acre commercial campus, home to leading tenants in technology, engineering, manufacturing, and financial services, has received several accolades, including the Sword of Honor and a Five Star Rating from the British Safety Council, as well as OHSAS 45001 Certification and the title of ‘Best Commercial Business Park’ by Realty Plus Conclave.

hBits recently achieved an industry-leading IRR of 17.54 percent upon exiting its first asset, 32 Der Deutsche Parkz. With over 35 years of experience in commercial real estate, hBits continues to offer attractive investment opportunities.

Shiv Parekh, Founder and CEO of hBits, commented, “With strong regulatory policies and infrastructure development driving increased leasing activity, Pune stands out as a prime city for such opportunities. Our new asset aligns perfectly with the city's growing demand for office spaces, offering long-term investment potential.”

HBL