
Investment12 Mar 2026, 02:36 pm
Aurum PropTech Exits Non-Core Assets for INR 112 Crores, Builds War Chest to Scale AI-Driven PropTech
AI Summary
Aurum PropTech Limited 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. The proceeds from the transaction will strengthen Aurum’s growing AI investment pool and support the accelerated development of intelligent digital infrastructure for the real estate sector. The transaction will generate a substantial profit, 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.
Key Highlights
- Aurum PropTech is exiting non-core assets for INR 112 Crores.
- The proceeds will be used to build Aurum’s AI investment pool and develop intelligent digital infrastructure for the real estate sector.
- The transaction will generate a substantial profit, 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.
- The transaction is expected to be completed by June 30, 2026, subject to regulatory approvals.