BHIVE Properties, the commercial real estate investment arm of BHIVE Group, has made a groundbreaking move by offering retail investors the chance to invest in hard commercial real estate and earn attractive annual rentals of up to 10.6% on their investment. This is a significant development as commercial real estate has traditionally been accessible only to ultra high net worth individuals and institutional investors.
The Grade A commercial property available for investment is located on the 8th floor of Brigade Metropolis, a prestigious property developed by Brigade Group in Bengaluru. Spanning across 22,940 square feet with a value of approximately Rs 8,936 per square foot, this property has been pre-leased for a 15-year term, ensuring stable monthly returns for investors. With its prime location right in front of the Garudacharapalya metro station of the popular Purple Line, which connects major city centers and technology parks, this property holds great potential for long-term appreciation.
Shesh Paplikar, Founder and CEO of BHIVE Group, stated, “We have observed a strong demand from retail investors to invest in commercial real estate through traditional channels. To meet this demand, we have obtained the RERA broker license, allowing us to offer traditional real estate investments that are well understood by banks and financial institutions. This enables an easier mortgage process and inheritance procedures for investors.” The response to this offering has been overwhelming, and BHIVE expects the opportunity to sell out soon.
The decision to expand access to retail investors is a strategic one, considering the rise of Bengaluru as the largest office space market in India, accounting for 29% of the country’s total office space supply. With the city attracting both domestic and global technology giants, the demand for commercial real estate continues to grow. Previously, commercial real estate rental income has been significantly higher than that of residential real estate, making it an attractive investment option.
By making high-yield commercial real estate properties more accessible, BHIVE aims to bridge the gap between retail investors and this lucrative asset class. Retail investors now have the opportunity to directly own a portion of a Grade A commercial property and enjoy the benefits of monthly rentals. This move by BHIVE Properties marks a milestone in the democratization of real estate investments, allowing individuals to seize valuable investment opportunities in the thriving market of Bengaluru.
【FAQ】
Q1: What is BHIVE Properties offering to retail investors?
A1: BHIVE Properties is offering retail investors the chance to invest in hard commercial real estate and earn attractive annual rentals of up to 10.6% on their investment.
Q2: Where is the Grade A commercial property available for investment located?
A2: The Grade A commercial property is located on the 8th floor of Brigade Metropolis, a prestigious property developed by Brigade Group in Bengaluru.
Q3: How much is the property worth per square foot?
A3: The property is worth approximately Rs 8,936 per square foot.
Q4: Is the property leased?
A4: Yes, the property has been pre-leased for a 15-year term, ensuring stable monthly returns for investors.
Q5: What is the potential for long-term appreciation of the property?
A5: With its prime location right in front of the Garudacharapalya metro station of the popular Purple Line, which connects major city centers and technology parks, this property holds great potential for long-term appreciation.
Q6: What license has BHIVE obtained?
A6: BHIVE has obtained the RERA broker license, allowing them to offer traditional real estate investments that are well understood by banks and financial institutions. This enables an easier mortgage process and inheritance procedures for investors.
Q7: Why is BHIVE expanding access to retail investors?
A7: BHIVE is expanding access to retail investors due to the rise of Bengaluru as the largest office space market in India. The city attracts both domestic and global technology giants, resulting in high demand for commercial real estate.
Q8: How does BHIVE aim to bridge the gap between retail investors and commercial real estate?
A8: BHIVE aims to bridge the gap by making high-yield commercial real estate properties more accessible. Retail investors now have the opportunity to directly own a portion of a Grade A commercial property and enjoy the benefits of monthly rentals.
Q9: What milestone does BHIVE Properties mark in real estate investments?
A9: BHIVE Properties marks a milestone in the democratization of real estate investments, allowing individuals to seize valuable investment opportunities in the thriving market of Bengaluru.
【Definitions】
1. Commercial real estate: Immovable property used solely for business purposes, such as office spaces, retail stores, and warehouses.
2. Ultra high net worth individuals: Individuals with a very high net worth, typically having investable assets of over $30 million.
3. Institutional investors: Organizations such as pension funds, insurance companies, and banks that invest large amounts of money on behalf of their clients.
4. Pre-leased: Refers to a property that has been leased out to a tenant before the purchase.
5. RERA: Real Estate Regulatory Authority. A government body responsible for regulating and promoting the real estate sector in India.
【Related Links】
– BHIVE Properties (Main domain of BHIVE Properties)
– Brigade Group (Main domain of Brigade Group)