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 Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..