Mumbai, Maharashtra, 12th of March, 2026 : Aurum PropTech Limited today 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, approximately 15% above the valuation provided by the valuers.
The transaction forms 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, as the sale proceeds will be utilized to prepay Lease Rental Discounting facility (LRD) of INR 56 crores.
The transaction is expected to be consummated by June 30, 2026, subject to the receipt of necessary regulatory approvals.
Onkar Shetye, Executive Director of Aurum PropTech Limited, said: “Aurum plans to deploy artificial intelligence across its core segments of Rental, Distribution and Capital. AI will enhance tenant acquisition, enable dynamic pricing, improve property management, and automated leasing processes in rental housing segment. In real estate distribution, AI will power property discovery, lead analytics, and sales automation in real estate distribution. Through these initiatives, Aurum aims to build a fully digital, data-driven real estate ecosystem and establish leadership in AI-driven PropTech.”
About Aurum PropTech:
Aurum PropTech Limited (www.aurumproptech.in) is a company listed with BSE Limited (Scrip code: 539289) and National Stock Exchange of India Limited (Scrip code: AURUM). It aims to bring transparency, trust and digital transformation in the real estate sector through its Integrated PropTech Ecosystem. It owns and operates, NestAway Technologies – India’s premier rental marketplace, using technology to enable property owners find tenants and manage properties efficiently; Aurum Analytica, a data analytics company powering real estate developers identify prospective buyers for their properties; Sell.do India’s leading Sales Automation and Digital Transformation company for real estate and PropTiger.com – A leading digital real estate transaction and advisory platform offering a full-stack service for property search, home loans, and post-sales support.
For more information, visit https://www.aurumproptech.in/
About Aurum Ventures:
Aurum Ventures (www.aurumventures.in) is a new age Real Estate Group with end-to-end capabilities from Acquisition, Design, Execution, Project Management, Property Management, Sales, Leasing and Hospitality. It is bringing digital transformation to the real estate sector through its PropTech Ecosystem.
For more information, visit https://aurumventures.in/
Forward Looking Statements:
Certain statements in this media release concerning our future growth prospects are forward- looking statements, which involve several risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.
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