Bhive Sees Huge Response for Its Fractional Real Estate in Bengaluru
The BHIVE Group, which has interests in commercial real estate and fintech, announced that it has seen massive response for its fractional ownership offering at Koramangala. This enables investors to own a share in premium commercial real estate in Bengaluru and earn attractive returns. With a minimum investment ticket size of Rs 10 lakhs, investors can earn a gross rental yield of nearly 10.27% annually with monthly pay-outs and total return of 15.18% per annum including property appreciation. Through this investment tool, investors will be able to own a share in a Grade-A office space in Koramangala, Bengaluru which is a popular start-up destination. Spread across 9,600 square feet with G+4 Floors, this pre-leased property has a built up area of 22,385 square feet and also comes with Basement Parking. Investors can also exit and reap the benefits of capital appreciation estimated nearly 5-10% per annum. BHIVE’s foray into fractional real estate ownership through its fintech arm BHIVE Alts assumes significance as the Indian real estate industry is undergoing transformational change and the company has been at the forefront of developing premium managed office spaces for customers and investors. The company, through this offering, aims to democratize real estate investment and give power into the hands of the investors to seamlessly invest across different real estate segments through its technological platform. Commenting on the launch of the company’s new offering, Shesh Rao Paplikar, Chief Executive Officer and Co-Founder BHIVE Group said, “Over the past decade, there has been a tectonic shift in the investment pattern in the Indian real estate with investors looking for greater flexibility in investments with limited or minimal management hassles. This has made fractional real estate ownership quite popular and is the future of investing. Buying 2nd and 3rd residential apartments for investments is no longer popular since rental yields have dropped to 2-3% across major cities. Yield from commercial real estate is not just slightly more, it is many times more than Residential Real Estate. This is the real reason savvy investors are moving to commercial real estate.” As a company which is at the forefront of fulfilling the evolving needs of customers and investors, BHIVE’s fractional ownership offering will offer investors the opportunity to invest in Grade-A premium office spaces and earn attractive returns even with small ticket investments. This endeavor is in line with the mission to to make highest quality commercial real estate properties accessible to retail investors. Investors looking to invest through the company’s fractional ownership offering can make a booking online through BHIVE Alts platform in a fast and seamless manner.This apart, BHIVE Alts offers various other investment tools such as asset leasing and Rentable Square Footage to name a few, which hundreds of investors across the country are utilizing to earn a regular monthly income through easy investments in commercial real estate.
Tags : Bhive Real Estate Bengaluru Shesh Rao Paplikar Chief Executive Officer and Co-Founder BHIVE Group