Enterprise·APAC
Aurum PropTech Sells ₹112 Crore to Pivot to AI Platforms
Key Points
- 1Aurum PropTech sells two commercial buildings for ₹112 crore.
- 2Funds will clear debt and shift to AI PropTech focus.
- 3Significant move towards AI-driven infrastructure investment.
Aurum PropTech's board has approved the sale of two commercial buildings in Navi Mumbai for ₹112 crore, a figure that surpasses initial valuations. This transaction, expected to be finalized by June 2026, represents a key financial maneuver to reduce the company’s debt burden while enabling a transition towards artificial intelligence-driven property technology platforms.
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