Aurum PropTech Sells Two Commercial Buildings for rupees112 Cr in Navi Mumbai

By Ajjay Bhagyakar | Published by Griha Realty

Source: The Economic Times

Created by: Ajjay Bhagyakar With Ai

In a strategic move reflecting the evolving dynamics of India’s real estate sector, Aurum PropTech has sold two commercial buildings in Navi Mumbai for ₹112 crore. The transaction marks a significant step in the company’s shift towards a technology-driven business model.

The assets—identified as Buildings Q5 and Q6 located in the Millennium Business Park (MBP), TTC Industrial Area—were considered non-core holdings. The company’s board approved the sale as part of a broader plan to optimize its portfolio and unlock capital.

Strategic Financial Move

According to reports, the proceeds from the sale will be primarily used to prepay existing debt and strengthen the company’s financial position. Additionally, Aurum PropTech aims to channel funds into expanding its AI-driven proptech platform, signaling a clear transition from traditional real estate operations to a technology-focused approach.

Above-Valuation Deal

Industry sources indicate that the transaction value is slightly above the internal valuation of the assets, highlighting strong demand for commercial real estate in Navi Mumbai, particularly in established business hubs like MBP, Aurum PropTech Sells Two Commercial Buildings for rupees112 Cr in Navi Mumbai.

Market Implications

This deal underscores a growing trend where real estate firms are monetizing non-core assets to invest in digital transformation and innovation. With increasing adoption of technology in property management, sales, and analytics, companies like Aurum PropTech are positioning themselves at the forefront of the proptech revolution in India.

Conclusion Of Aurum PropTech Sells Two Commercial Buildings for rupees112 Cr in Navi Mumbai

The ₹112 crore deal is more than just an asset sale—it reflects a strategic pivot towards future-ready real estate solutions. As Navi Mumbai continues to emerge as a commercial hotspot, such transactions highlight both investor confidence and the sector’s rapid evolution.