Aurum PropTech Becomes Debt-Free, Doubles Down on Building India's First AI-Native PropTech Ecosystem

In a move that marks a clean break from the past and a bold leap into the future, Aurum PropTech Limited today announced the successful completion of the sale of Buildings Q5 and Q6 at Millennium Business Park, Navi Mumbai - for a total consideration of INR 112 Crores, approximately 15% above independent valuation.

The proceeds from this transaction have been deployed towards the full prepayment of the Company's Lease Rental Discounting (LRD) facility, making Aurum PropTech a completely debt-free company.

Aurum PropTech is on its way to become India's leading AI-first PropTech company. The Company is deploying artificial intelligence across its three core segments - Rental, Distribution and Capital, reimagining how Indians discover, rent, buy, manage and invest in real estate. From intelligent tenant matching and dynamic pricing to AI-powered sales automation and lead analytics, Aurum PropTech is building the digital backbone of tomorrow's real estate market.

The residual proceeds from the transaction will be deployed into Aurum PropTech's rapidly growing AI investment pool, funding the development of advanced intelligent infrastructure across the real estate value chain. This includes AI agents for tenant acquisition, predictive analytics for buyers and developers, and automated end-to-end leasing workflows, all aimed at making real estate transactions faster, smarter and more transparent for every stakeholder.

Mr. Onkar Shetye, Executive Director, Aurum PropTech Limited, said: "This marks a defining inflection point for Aurum PropTech. With the successful sale of Q5 and Q6, we have materially strengthened our balance sheet, transitioned towards a debtfree position, and unlocked significant capital for the next phase of growth. Real estate in India is on the undergoing of an AI-driven disruption, and we are best positioned to lead it in PropTech. Our platforms - NestAway, Helloworld, PropTiger, Sell.do, and Aurum Analytica are already embedded across the real estate ecosystem. Now we are turbocharging them with AI to deliver experience, efficiencies and outcomes that were simply not possible before. The best of Aurum PropTech is ahead of us."

Shares of Aurum PropTech Limited was last trading in BSE at Rs. 179.00 as compared to the previous close of Rs. 175.55. The total number of shares traded during the day was 7093 in over 189 trades.

The stock hit an intraday high of Rs. 184.55 and intraday low of 176.90. The net turnover during the day was Rs. 1281469.00.

Source : Equity Bulls

Keywords

AurumPropTech INE898S01029 RealEstate Technology DebtFree