hBits is a commercial real estate ownership platform that enables anybody to buy a fraction of Grade - A real estate assets.
hBits’ real estate team comes with significant wealth of experience in commercial real estate. The properties are selected based on a range of factors including but not limited to location, developer, quality of building, and quality of tenant.
hBits’ unique offering of commercial real estate with a minimum ticket size of INR 25 lakhs enables you to diversify your ownership in a variety of real estate options as per your own criteria.
Tenancy and Management is taken care of by professional property management service providers.
hBits provides the flexibility of selling your ownership of asset at any time and any price. At the same time, hBits provides unique and relevant data insights about the market for better decision making in exit timing and pricing.
No, we do not offer any guaranteed return. However, the rentals are contractually obligated by tenant with three to five years of lock-in period.
The rentals will be distributed monthly to every owners.
hBits offers a variety of commercial real estate assets in terms of size, location, tenants, developers for you to choose from rather than a portfolio of real estate assets across geographies and real estate asset classes as in REIT. Further, you choose the asset you want to own unlike in REITs which gives more control over the flow of your money. Also, REITs fees and expenses significantly high and are traded publicly which makes it a volatile investment.
Yes, hBits does not restrict the usage of its platform.
You will own a specific fraction of the property you have selected. In principle, you become a part owner of special purpose vehicle which solely owns the concerned real estate asset.
An owner has the flexibility of selling their fraction of property either through hBits platform or offline.
No, everything can be taken care of remotely through technology.
Commercial Real Estate, unlike residential, provides higher and steady returns in the form of rental yield and capital appreciation. Generally, one can expect contractual yield + appreciation potential in the range of 12% to 20% which is significantly higher than residential asset class. This is proven by the recent activities of major private equity players in India like Blackstone, Brookfield, and Xander among others.
hBits usually pursue properties with ticket size in the range of INR 5 to 200 crores along with a diverse range of factors not limited to location, developer, quality of building, and quality of tenant.
No, there are no hidden costs
There will be no double taxation on your returns. Taxation will be similar to having sole ownership of a property.
Rental yield is the yearly rental income as a percentage of total asset’s value.
No, the minimum ownership amount is INR 25 lakhs
hBits’ professional fees is 1.5% per year on your ownership amount.