HBITS Launches Rs.62.97 Crore Fractional Ownership Asset in Pune

13 Aug 2024 CW Team

HBITS has launched a fractional ownership asset valued at Rs.62.97 crore in Pune. This initiative aims to provide investors with a new way to participate in high-value real estate opportunities.

Key Details:

Fractional Ownership Asset: The new offering allows investors to own a portion of a high-value commercial property in Pune, lowering the barrier to entry for real estate investment.

Investment Amount: The asset is valued at Rs.62.97 crore, reflecting the significant value and potential of the property.

Strategic Location: The asset is located in Pune, a growing commercial hub with a strong demand for premium real estate, enhancing the investment's potential.

Investment Model: Fractional ownership enables multiple investors to share the costs and benefits of owning a commercial property, providing access to lucrative real estate markets without the need for full capital investment.

Market Trends: This launch aligns with the increasing popularity of fractional ownership models in the real estate sector, catering to investors looking for diversified and scalable investment options.

Overall, HBITS's fractional ownership asset in Pune represents an innovative approach to real estate investment, offering a practical solution for investors interested in high-value properties without requiring substantial capital.

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..