Property Share, established in 2016, operates as a fractional ownership platform, enabling investors to partake in real estate investments. The platform recently achieved a significant milestone by becoming the first in India to register a Small and Medium Real Estate Investment Trust (SM REIT) with the Securities and Exchange Board of India (SEBI), under the name Property Share Investment Trust (PSIT). This initiative aims to make real estate investments more accessible by reducing entry barriers for retail investors.

The property encompasses a leasable area of 246,935 square feet and is expected to be fully leased to 24[7].ai (24/7 Customer Private Limited), a US-based tech company, under a nine-year lease agreement. Interestingly, 24[7].ai is also the intended seller of the property, referred to as Project Platina. The scheme anticipates offering projected distribution yields of 9.0% for the financial year 2026, 8.7% for FY 2027, and 8.6% for FY 2028. These estimates are based on assumptions and analyses deemed reasonable by the Investment Manager during the preparation process.