Aurum PropTech Exits non-core Assets for Rs112 Crore, Builds War Chest to Scale AI led PropTech

Mumbai, March 13, 2026: Aurum PropTech Limited announced on March 12 that its Board of Directors has greenlit the sale of Buildings Q5 and Q6 at Millennium Business Park. The transaction, valued at ₹112 Crores, represents a significant premium of approximately 15% over the independent valuation provided by professional valuers.

The divestment marks a pivotal moment in Aurum PropTech’s broader strategic shift toward AI-driven PropTech platforms. By offloading these physical assets, the company intends to commit significant capital toward building advanced artificial intelligence capabilities across the real estate ecosystem. These proceeds will bolster Aurum’s growing AI investment pool, supporting the accelerated development of intelligent digital infrastructure.

From a financial perspective, the sale is set to drastically strengthen the company’s balance sheet. With the assets holding an approximate book value of ₹27 Crores, the transaction will generate a substantial profit and enhance the Group’s overall profitability metrics. Furthermore, the move is a debt-reduction play; Aurum PropTech expects to become debt-free following the deal’s completion by using ₹56 Crores of the proceeds to prepay its Lease Rental Discounting (LRD) facility.

Executive Director of Aurum PropTech Limited, Onkar Shetye, detailed the company’s vision for the future of the sector. “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 the 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,” Shetye stated.

The transaction is slated for completion by June 30, 2026. However, the finalization of the sale remains subject to the receipt of all necessary regulatory approvals. As the company pivots from traditional asset holding to high-tech digital infrastructure, this deal underscores its commitment to leading the next wave of real estate innovation.

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