NEW DELHI: Aurum PropTech has received approval from the markets regulator SEBI to launch its Small and Medium Real Estate Investment Trust (SM-REIT) as part of its expansion plans.
The company intends to list the SM-REIT schemes on stock exchanges, allowing retail investors the opportunity for fractional ownership of rent-generating premium office assets.
Aurum PropTech announced in a regulatory filing on Friday that it is the first publicly listed company in India to obtain a registration certificate from SEBI for an SM-REIT, which will operate under the name AMSA SM REIT Investment Trust (AMSA).
“This milestone signifies the start of AMSA’s journey in providing transparent, structured, and regulated access to high-quality real estate investment opportunities for individual investors across India,” said Aurum PropTech.
The company stated that the AMSA platform is currently assessing various income-generating commercial properties, with the first scheme set to launch soon.
Onkar Shetye, Executive Director of Aurum PropTech, remarked: “The SM REIT framework offers an ideal platform for investors looking for stable financial products with attractive yields, supported by tangible assets.”
Aurum PropTech also owns NestAway Technologies, a rental marketplace; Aurum Analytica, which assists real estate developers in customer acquisition; and Sell.do, focusing on sales automation and digital transformation for real estate.
The company’s total income rose to ₹284.98 crore for the fiscal year 2024-25, up from ₹233.07 crore in the previous fiscal year.
Aurum PropTech is part of Aurum Ventures, which engages in various sectors including telecom, aviation, renewable energy, and real estate.