Aurum PropTech gets SEBI nod to launch SM-REIT

New Delhi, Jul 19 (PTI) Aurum PropTech has got markets regulator SEBI's approval to launch its Small and Medium Real Estate Investment Trust (SM-REIT), as part of the company's plan to expand business.

The company will list the SM-REIT schemes on stock exchanges, providing opportunities for retail investors to have fractional ownership of rent-yielding premium office assets.

In a regulatory filing on Friday, Aurum PropTech said it is the first public listed company in India to receive a registration certificate from the SEBI as a SM-REIT under the name AMSA SM REIT Investment Trust (AMSA).

"This milestone marks the beginning of AMSA's journey to provide transparent, structured, and regulated access to high-quality real estate investment opportunities for individual investors across India," Aurum PropTech said.

The company said that the SM-REIT platform AMSA is evaluating many income-generating commercial properties and the first scheme will be launched soon.

Onkar Shetye, Executive Director, Aurum PropTech, said: "The SM REIT framework provides a perfect platform for investors seeking stable financial products that offer attractive yields while being backed by hard assets." Aurum PropTech owns and operates NestAway Technologies, a rental marketplace; Aurum Analytica, which helps real estate developers in finding customers; and Sell.do which is into sales automation and digital transformation for real estate.

The company's total income rose to Rs 284.98 crore in 2024-25 from Rs 233.07 crore in the preceding year.

Aurum PropTech is part of Aurum Ventures, which is into various businesses, including telecom, aviation, renewable energy, and real estate. PTI MJH HVA