Sale21 May 2026, 01:39 pm
Aurum PropTech: ₹112 Cr Sale Makes Company Debt-Free
AI Summary
Aurum PropTech Ltd. successfully sold Buildings Q5 and Q6 in Navi Mumbai for ₹112 Crores. The proceeds were used to fully prepay the Lease Rental Discounting (LRD) facility, making the company debt-free. The remaining capital will be invested in developing advanced AI capabilities for the real estate sector. This move aims to strengthen the balance sheet and support future growth, positioning Aurum PropTech as a leader in AI-driven PropTech solutions in India.
Key Highlights
- Aurum PropTech consummated the sale of Buildings Q5 and Q6 for ₹112 Crores.
- The company has fully prepaid its Lease Rental Discounting (LRD) facility.
- Aurum PropTech is now a debt-free company.
- Surplus capital will be used to build advanced AI capabilities.
- The company aims to lead AI-driven disruption in the Indian real estate sector.
Price Impact
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