Aurum PropTech Sells Buildings and Becomes Debt Free

Aurum PropTech Limited announced the completion of the sale of Buildings Q5 and Q6 at Millennium Business Park in Navi Mumbai for Rs 1.12 billion, about 15 per cent above an independent valuation. The company said the proceeds were applied to the full prepayment of its Lease Rental Discounting (LRD) facility, rendering Aurum PropTech a completely debt-free company.

Management indicated that residual capital will be channelled into an AI investment pool to build advanced intelligent infrastructure across the real estate value chain. The company is deploying artificial intelligence across its three core segments — rental, distribution and capital — with initiatives such as intelligent tenant matching, dynamic pricing and AI-driven sales automation and lead analytics to reimagine how Indians discover, rent, buy, manage and invest in property. The group said the disposal signals a strategic shift from asset ownership towards technology-led services.

Planned developments in the investment pool include AI agents for tenant acquisition, predictive analytics for buyers and developers and automated end-to-end leasing workflows designed to accelerate transaction times and improve transparency for stakeholders. Aurum PropTech has said its platforms, including NestAway, HelloWorld, PropTiger, Sell.do and Aurum Analytica, are being turbocharged with AI to deliver improved user experience, operational efficiencies and measurable outcomes. The investment pool will also support internal research and talent development.

Company executives characterised the transaction as a defining inflection point that materially strengthens the balance sheet and unlocks capital for the next phase of growth as the group scales its PropTech ecosystem. Aurum PropTech is listed on BSE and NSE and described its broader group Aurum Ventures as providing end-to-end real estate services and digital transformation across acquisition, design, execution, property management, sales, leasing and hospitality. The company noted that certain statements are forward-looking and involve risks and uncertainties.

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