Propshare Titania SM REIT - IPO (Second Scheme Of The Property Share Investment Trust) has informed the Exchange regarding Half-yearly summary Valuation report for assets for FY ended 2025-26

PropShare Titania SM REIT has submitted its half-yearly summary valuation report to BSE for the period ending September 30, 2025, as required under SEBI REIT regulations. The valuation, done by KZEN Valtech Private Limited, covers its sole asset — about 4.38 lakh sq.ft. of leasable office space spread across six floors (5, 7, 9, 11, 12, 13) of G Corp Tech Park on Ghodbunder Road, Thane, a Grade A IT park around 15 years old. The independent valuer has pegged the market value of the asset at ₹494.31 crore (~₹4,943 million). Key valuation inputs include an in-place rent of ₹76.1/sq.ft./month, a market rent of ₹78.6/sq.ft./month, an exit cap rate of 8.25%, and a discount rate (WACC) of 12.50%. The property is fully leased to multiple tenants and was acquired by the REIT under a Share Purchase Agreement executed on July 11, 2025, giving PropShare Titania 100% ownership and cash-flow rights.