BHIVE offers commercial RE investment option at Brigade Metropolis at Rs 5 lakhs

Bengaluru, November 15, 2022: Real estate developer BHIVE announced offers in its bid to boost retail participation in commercial realty space. 

According to a press release issued by the company, it has reduced the minimum investment threshold for retail investors to Rs 5 lakh from earlier Rs 10 lakh for buying commercial space in its pre-leased Grade-A development at Brigade Metropolis, Whitefield in Bengaluru.

Commercial space at Brigade Metropolis, Whitefield comprises 500 units worth Rs 5 lakh each with an aggregate value of Rs 25 crore that are open for investment from retail investors. Individual investors can diversify their investment portfolio by taking exposure in commercial real estate that will be a potential source of monthly passive income.

Bhive, which is in pursuit of making investment in commercial real estate more affordable, has also announced attractive discounts for a limited set of units.

Individual investors can earn rental returns of Rs 10.48 lakhs on an investment of Rs 1 cr.

“Bhive is on a mission to make commercial real estate more easily accessible & affordable for retail investors. Under this initiative, we have launched 500 units of commercial space in ‘Brigade Metropolis, Whitefield’ in Bengaluru. Now, investors can buy a unit by paying only Rs 5 lakh with an average rental returns of 10.5% per annum, this is one of the prime office locations in Bengaluru. We are confident that the need for more affordable commercial spaces will get a meaningful boost from this launch,” said Shesh Rao Paplikar, CEO & Co-founder, Bhive Group