Aurum PropTech Exits Non-Core Assets for INR 112 Crores, Builds War Chest to Scale AI-Driven PropTech

Aurum PropTech Limited announced that its Board of Directors has approved the sale of Buildings Q5 and Q6 at Millennium Business Park, Navi Mumbai, for a total consideration of INR 112 Crores. The transaction is part of Aurum PropTech’s broader strategic shift toward AI-driven PropTech platforms, with the company committing significant capital toward building advanced artificial intelligence capabilities across the real estate ecosystem. The proceeds from the transaction will further strengthen Aurum’s growing AI investment pool and support the accelerated development of intelligent digital infrastructure for the real estate sector. The assets have a approximate book value of INR 27 Crores, and the transaction will generate a substantial profit, thereby enhancing the Group’s profitability metrics and strengthening its balance sheet. Following the completion of the transaction, Aurum PropTech is expected to become debt-free.