Real Estate Developer Bhive Offers a Unique Opportunity to Invest in Commercial Real Estate in Whitefield, Bengaluru

Bhive, a known real estate developer in Bengaluru, has decreased the minimum expenditure required for retail investors to purchase commercial space in its pre-leased Grade-A building at Brigade Metropolis, Whitefield in Bengaluru from Rs 10 lakh to Rs 5 lakh.

Commercial space at Brigade Metropolis, Whitefield consists of 500 units, each valued at Rs 5 lakh, with a total value of Rs 25 crore that is available for investment by retail investors. Individual investors may diversify their portfolios by investing in commercial real estate, which has the potential to provide passive income each month.

In an effort to make commercial real estate investments more accessible, Bhive has also offered discounts on a limited number of units.

Individual investors may receive rental yields of Rs 10,48 lakh on a Rs 1 crore investment. Currently, returns on bank fixed deposits, short-term and long-term government and business bonds fluctuate between 5% and 7% annually.

According to Shesh Rao Paplikar, CEO and co-founder of the Bhive Group, Bhive's objective is to make commercial real estate more accessible and inexpensive for individual investors. Under this project, 500 commercial units have been released in Bengaluru's Brigade Metropolis, Whitefield.

As one of the most prestigious office sites in Bengaluru, investors may now purchase a unit for merely Rs 5 lakh, with an average annual rental yield of 10.5%. Bhive is also convinced that the launch would significantly increase the demand for more cheap business premises.

Individual investors may get extra returns of up to 3% if they invest before December 31, 2022. Given the growing income level, uncertain employment market, and need for portfolio diversification, we think individual investors will find this offer beneficial.