In a move that marks a clean break from the past and a bold leap into the future, Aurum PropTech has successfully completed the sale of Buildings Q5 and Q6 at Millennium Business Park, Navi Mumbai - for a total consideration of Rs 112 crore, 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.
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.
Aurum PropTech is a new-age PropTech company dedicated to revolutionizing the real estate industry with its Integrated PropTech ecosystem that combines tech expertise with a real estate domain journey that elevates the experience for creators, consumers, and capital allocators.
