hBits gets SEBI’s SM REIT nod, aims Rs 2,000-cr assets under management by 2026

hBits has secured SEBI’s approval to launch its SM REIT, planning its IPO by June and aiming to migrate its existing portfolio. Targeting an AUM of Rs 2,000 crore by March 2026, hBits seeks to democratize commercial real estate investment for retail investors. This initiative offers access to high-yield assets with potential for consistent income and long-term wealth creation.

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