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hBits eyes investment worth Rs 1,500-2,000 cr from Gujarat-based HNIs

Thursday, 21 Dec 2023
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hBits, a fractional ownership platform for commercial real estate, expects investments worth Rs 1,500-2,000 crore from Gujarat-based high-net-worth individuals (HNIs) and investors through its platform over the next three to four years.

The firm aims to further enhance its investor base from the state and scale up its investment value. hBits allows investments in Grade-A commercial properties such as offices, warehouses, etc., spread across key markets in India through its fractional ownership model.

hBits is boosting its portfolio, engaging in negotiations with prominent developers in Ahmedabad and other key cities such as Surat and Rajkot to acquire assets of comparable calibre.

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