Aurum PropTech Sells Buildings and Becomes Debt Free
Real Estate

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.

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.

Next Story
Infrastructure Energy

SPML Infra Secures Rs 1.65 Billion Rajasthan Grid Project

SPML Infra has secured a Rs 1.65 billion contract from Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL) for the construction of a 400 kV grid sub-station and associated transmission infrastructure at Dahra in Kota, Rajasthan.The project, scheduled for completion within 24 months, strengthens the company’s presence in the high-voltage power transmission segment and supports Rajasthan’s expanding energy infrastructure.The scope of work includes supply, erection, testing and commissioning of the 400 kV grid sub-station with one 500 MVA autotransformer bay, a 420 kV 125 MVAR bus-type shu..

Next Story
Real Estate

The Phoenix Mills Rebrands Pune Mall as Phoenix Avenue of Stars

The Phoenix Mills (PML) has rebranded Phoenix MarketCity Pune as Phoenix Avenue of Stars, marking a new phase in the evolution of one of Pune’s leading retail and lifestyle destinations. The transformation reflects PML’s strategy of upgrading and premiumising its assets in response to changing consumer preferences and evolving urban consumption trends. Over the years, the destination has emerged as a major retail and leisure hub in Pune. The new identity introduces enhanced architecture, upgraded customer touchpoints and a stronger premium retail positioning aligned with the scale and st..

Next Story
Equipment

Panattoni India Announces Rs 1.5 Billion Hyderabad Hub

Panattoni, a global industrial real estate developer, has announced its entry into Hyderabad with a Rs 1.5 billion advanced manufacturing project, marking the debut of its bespoke Build-to-Own (BTO) model in India.The development will come up on a 10-acre site and comprise a 152,000 sq. ft. aerospace-grade manufacturing facility designed to support high-precision industrial operations. The project is expected to create around 500 direct and indirect jobs while expanding Panattoni’s industrial footprint in India.The facility will feature a 112,445 sq. ft. manufacturing shop floor with 9-metre..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->