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Aurum PropTech Sells Navi Mumbai Commercial Properties for Rs 112 Cr
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Aurum PropTech Sells Navi Mumbai Buildings for Rs 112 Cr, Boosts AI & Clears Debt
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News18
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12-03-2026, 16:15
Aurum PropTech Sells Navi Mumbai Buildings for Rs 112 Cr, Boosts AI & Clears Debt
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Aurum PropTech sold two commercial buildings in Navi Mumbai for Rs 112 crore.
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The sale of Q5 and Q6 at Millennium Business Park generated substantial profit from a Rs 27 crore book value.
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Funds will prepay a Rs 56 crore debt, making the company likely debt-free post-transaction.
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Proceeds will also strengthen AI capabilities and accelerate digital infrastructure development in real estate.
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AI will enhance rental, distribution, and capital segments, aiming for a fully digital, data-driven PropTech ecosystem.
Read Full Article on News18 in English
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