Half-yearly valuation report: G-Corp Tech Park asset valued at INR 5,031,208,000

PropShare Titania (second scheme) has submitted the Summary Valuation Report for G Corp Tech Park, Thane, for the half year ended September 30, 2026.

Mon 12 Oct 2026

Market Value (30 Sep 2026)

INR 5,031,208,000

Total Leasable Area

4,37,973 sq. ft.

Exit Cap Rate / Discount Rate

8.25% / 12.50%

Valuation summary for PropShare Titania

• PropShare Titania, the second scheme of the Property Share Investment Trust, has submitted the Summary Valuation Report of its asset for the half year ended September 30, 2026.
• The report is prepared by KZEN Valtech Private Limited, an IBBI-registered valuer entity, with a valuation date of 30 September 2026 and a report date of 12 October 2026.

What was valued

• The asset is leasable space in G Corp Tech Park, Thane, Maharashtra, across floors 5 (part), 7, 9, 11, 12 and 13 of the project.
• The property is described as a Grade A IT Park office development that is currently completed and operational, with no under-construction components within the property or the project.
• The total leasable area of the subject property is 4,37,973 sq. ft.
• Along with the space, the interest includes a proportionate undivided share in the project land and 370 exclusive car parking spaces.

Key numbers in the report

• Opinion on market value as on 30 September 2026: INR 5,031,208,000.
• In-place rent: INR 79.51 per sq. ft. per month as of 30 September 2026, against a market / marginal rent of INR 80.00 per sq. ft. per month on the same date.
• Exit cap rate assumed: 8.25%.
• Discount rate / WACC assumed: 12.50%.

The condition attached to the value

• The valuer states that the opinion on market value is based on a legal opinion and an executed share purchase agreement, on the strength of which the client has represented that PS Titania has ownership, rights and interests in the subject property and is the sole, primary and exclusive beneficiary of all cash flows from it.
• The report notes that if those ownership documents were not valid or were defective as on the valuation date and PS Titania had no or limited ownership, rights or interests in the property, the opinion on market value would be rendered invalid, voided and cancelled.

How to read this

• This is a periodic disclosure that places an independent, current market value on the scheme's asset.
• The value rests on the assumptions flagged in the report, including in-place rent versus market rent, the exit cap rate of 8.25% and the discount rate of 12.50%.

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