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

Propshare Titania SM REIT has submitted its annual full valuation report for its primary asset — G Corp Tech Park, Thane, Maharashtra — as required under SEBI REIT regulations. The independent valuer, KZEN Valtech Private Limited, has assessed the market value of the subject asset at INR 4,986,270,000 (approximately INR 498.6 crore) as of 31 March 2026. The property consists of 6 floors (5 part, 7, 9, 11, 12, 13) within a G+15 IT office building with a total leasable area of 437,973 sq.ft. The building is a completed, operational Grade A IT Park aged approximately 16 years, located on Ghodbunder Road in Thane. In-place rent stands at INR 78.70 per sq.ft. per month with market rent at INR 79.50 per sq.ft. per month, indicating stable to slightly positive rental dynamics. The valuation was conducted using the Discounted Cash Flow (DCF) method with an exit cap rate of 8.25% and discount rate of 12.50%. Multiple tenants occupy the space including EDPL and several named tenants across different floors. Ownership is confirmed via a Share Purchase Agreement executed on 11 July 2025, contingent on a legal opinion from Trilegal.