Half-yearly valuation reports for 13 assets shared; Downtown Powai valued at INR 33,500 Million
Brookfield India REIT has submitted full valuation reports for 13 assets for the half year ended September 30, 2026.
By ScoutQuest · · 2 min read
- Market Value
- INR 33,500 Million as at 30th September 2026
- Leasable Area
- 16,16,850 sq. ft.
- Committed Occupancy
- 97.03%
What was shared
Brookfield India Real Estate Trust has submitted full valuation reports for 13 assets for the half year ended September 30, 2026. The assets listed in the covering letter are Kensington (SEZ) in Powai, Mumbai; 9 buildings in Downtown Powai, Mumbai; Candor TechSpace K1 (Rajarhat, Kolkata); Candor TechSpace G2 and G1 (Gurugram); Candor TechSpace N1 and N2 (Noida); Worldmark-1, Worldmark-2 & 3 and Worldmark Gurugram; Airtel Center, Gurugram and Pavilion Mall, Ludhiana; Ecoworld, Bengaluru; and three floors of Godrej BKC, Mumbai.
Downtown Powai (SEZ) — the asset valued in detail here
- Market value: INR 33,500 Million as at 30th September 2026
- Valuer: Valsight Advisors Private Limited; method used: Discounted Cash Flow
- REIT's share in the asset: 100%, including Property Manager Value (CIOP)
- Land area: 8.96 acres; buildings: Wings A & B, IT/ITeS SEZ office
- Leasable area: 16,16,850 sq. ft.
- Committed occupancy: 97.03%
- Area converted into NPA: 1,56,949 sq. ft. of leasable area
- Key occupiers named include Tata Consultancy Services, GE Oil & Gas India Pvt Ltd, Larsen & Toubro, Nomura Services India Private Limited and ERGO Technology & Services Pvt Ltd
The report also notes a physical site visit on 27th August 2026 and states that the total leasable area includes small areas occupied for ATM and telecom tower purposes, with that income shown under “Other Income”.
How to read this as a unitholder
A REIT owns income-producing real estate, so the assessed market value of those buildings is a core reference point for how the portfolio is being valued. A half-yearly refresh lets unitholders compare the valuation of each asset over time.
Committed occupancy is defined in the report as (occupied area + committed area under Letters of Intent) divided by completed leasable area — so it includes space where a Letter of Intent is signed but the tenant may not yet have occupied.
A few things worth keeping in mind
- The figure is an independent valuer's opinion of market value on a stated date, arrived at using cash-flow assumptions set out in the report.
- It is not a transaction price — no sale or purchase is being announced here.
- The valuation covers the operational buildings, the underlying land and improvements, together with rights linked to facility management services for the property.
The summary and full valuation reports are stated to be available on the REIT's website under the investor reports and updates section.
Also from Brookfield India Real Estate Trust REIT
Security Cover certificate for the September 2026 quarter, with debenture covenant compliance
2 Nov 2026
September quarter results: profit after tax 1,608.50 million, 80,495,356 new units issued
2 Nov 2026
Board approves Q2 FY2027 results pack, valuation report and proposed Parthos Properties amalgamation
2 Nov 2026
More numbers
- Market value of Downtown Powai (SEZ)INR 33,500 Million
- Leasable area - Kensington A & B16,16,850 sq. ft.
- Committed occupancy97.03%
- Land area8.96 acres
- Area converted into NPA1,56,949 sq. ft. of leasable area
- REIT's share in asset100%
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