9/4/2025, 6:38:02 pm

hBits gets Sebi licence to launch SM-REIT

hBits, a fractional commercial real estate investment platform, has received SEBI approval to launch its Small & Medium Real Estate Investment Trust (SM-REIT) IPO, aiming to raise Rs 400-500 crore by June 2025. The company will migrate its existing portfolio into the SM-REIT structure and targets Assets Under Management (AUM) of Rs 2,000 crore by March 2026.