Aurum PropTech Sells Buildings for ₹112 Cr, Becomes Debt-Free
Aurum PropTech Limited announced the sale of Buildings Q5 and Q6 for ₹112 Crores, completing the prepayment of its LRD facility. The company is now debt-free as of May 21, 2026. Proceeds will fund advanced AI capabilities to enhance real estate transactions.
Becoming debt-free significantly strengthens the company's financial position and allows for strategic investments in new technologies, which can have a substantial impact on its future performance and market standing.
The company has become debt-free after selling assets and plans to use the proceeds to invest in AI capabilities, which is a positive development for its financial health and future growth prospects.
Aurum PropTech Limited has successfully completed the sale of Buildings Q5 and Q6 located at MIDC, MBP -1, TTC Industrial Area, Mahape, Navi Mumbai, for a total consideration of ₹112 Crores. This transaction, which was an update to a previous intimation on March 12, 2026, marks a significant financial strengthening for the company.
The proceeds from the sale have been utilized for the full prepayment of the Lease Rental Discounting (LRD) facility. Consequently, Aurum PropTech is now a completely debt-free company, effective May 21, 2026. This move is expected to significantly enhance its balance sheet and financial position, supporting future growth.
The company plans to deploy surplus capital towards building advanced AI capabilities to redefine the real estate sector in India. This includes developing AI agents for tenant acquisition, predictive analytics, and automated leasing workflows, aiming to make real estate transactions faster, smarter, and more transparent. Management believes this strategic shift positions Aurum PropTech to lead the AI-driven disruption in the PropTech industry.
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Aurum PropTech Limited filed this with the NSE as a statutory disclosure, categorised under other corporate actions. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Aurum PropTech Limited. Read the original for the full detail.