12-Oct-2026 23:28:51
PSTITANIA : G-CORP TECH PARK ASSET VALUED AT RS 503 CR
• PropShare Titania SM REIT files summary valuation report of G Corp Tech Park, Thane for half year ended 30 September 2026 • Market value of subject asset (4,37,973 sq ft IT park office space across 6 floors) at ₹503.12 Cr as on 30 September 2026 • Value up from ₹498.63 Cr at 31 March 2026 and ₹494.31 Cr at 30 September 2025 • Asset 100% occupied with 19 leased spaces / 11 unique tenants; in-place rent ₹79.51 per sq ft per month v market rent ₹80.00 • Valuation assumes 8.25% exit cap rate and 12.50% WACC; gross purchase price / enterprise value was ~₹472.97 Cr • Ready reckoner rate ₹1,20,000 per sq m for IT park built-up area in Thane
Propshare Titania SM REIT - IPO (Second scheme of the Property Share Investment Trust)
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