Aurum PropTech Becomes India’s First to Launch Listed SM-REIT Platform with SEBI Approval.
Banking & Finance
In July 2025, Aurum PropTech Limited, part of the Aurum Ventures group, received approval from the Securities and Exchange Board of India (SEBI) to launch India’s first listed Small and Medium Real Estate Investment Trust (SM-REIT), named AMSA SM REIT Investment Trust.
- The regulatory approval was granted through a formal SEBI registration certificate issued on July 18, 2025, marking Aurum as the country’s first publicly listed company to operate an SM-REIT platform under the newly introduced SEBI framework. This milestone opens up fractional real estate investing for Indian retail investors.
- Aurum’s AMSA SM REIT will allow individual investors to participate in rent-generating premium commercial real estate—such as office buildings, co-working spaces, and retail outlets—via units listed and traded on stock exchanges, similar to mutual funds or REITs.
Main Point :- (i) The SM-REIT model is structured to cater specifically to completed and income-generating real estate projects. This ensures low-risk exposure and stable rental returns, making it a more secure and regulated route for retail-level participation in commercial property investments.
(ii) SEBI's guidelines for SM-REITs mandate transparency, regular valuation, and compliance with disclosure norms. These norms aim to promote investor confidence and institutional-grade governance in the fractional real estate investment space.
(iii) With this launch, Aurum PropTech pioneers a transformative shift in the Indian real estate sector, democratizing access to institutional-quality commercial assets for small investors. It also aligns with SEBI’s broader vision to deepen capital markets and introduce newer asset classes for retail participation.
About SEBI
Chairperson: Tuhin Kanta Pandey
Headquarter : Mumbai
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