Aurum Ventures One of the largest homegrown privately held Real Estate Investment, Development and Asset Management companies In India.
Aurum Ventures is a home grown, privately held Real Estate Investment and Development company in India. Founded in 1996 and headquartered in Mumbai, Aurum Ventures focuses on all aspects of value creation in Real Estate and PropTech businesses. Aurum is an Impact Investor with a focus on long-life, high-quality assets in special situations in India. Our investments are constructive and high value in exit-potential while being conservative in entry pricing, with each investment having a horizon of a decade.
Aurum Real Estate Luxury Real Estate developer in Mumbai Metropolitan Region with a mission to transform urban landscapes.
In 2008, I ventured into real estate development with a clear mission of transforming urban landscapes. My goal has always been to create sustainable developments and communities while improving the lifestyles of those who inhabit them. Aurum Real-Estates’ expertise lies in designing, developing and operating marquee real estate projects. Our portfolio includes luxury residences, premium housing, IT-special economic zones, integrated townships, and retail developments. Our focus geographies in Mumbai Metropolitan Region are the South, Central, Western Suburbs, Navi Mumbai, and Thane. Our commercial development in Navi Mumbai was one of the first to receive a LEED Platinum certification.
Aurum PropTechTechnology company creating an Integrated PropTech Ecosystem across the entire Real Estate value chain.
With an intent to bring about a tech-led disruption in Indian Real Estate and backed by several years of Real Estate experience, I ventured into the PropTech space with our company, Aurum PropTech. As a technology company creating an Integrated PropTech ecosystem across the entire Real Estate value chain, - Aurum PropTech is developing products and solutions to bring enhanced customer experience and operational efficiencies in the sector. Our company offers 12+ PropTech products and solutions that are driven by cutting edge technologies like Artificial Intelligence, Machine Learning, Blockchain, Augmented Realty and Virtual Reality to accelerate tech adoption in the Real Estate industry.
Aurum The soulful “Journey of Giving."
My philanthropic journey dates to the year 2015, when my wife Minoo and I discussed our desire to give back to the community in whatever way we could. Our inner calling to make a difference in other people’s lives led us to this “Journey of Giving” much sooner than we had planned. We formalized our intent by registering “Aurum Foundation”, a charitable trust and thus began our soulful journey which we have been nurturing with tremendous love, patience, and tenacity. "Aurum Foundation" was renamed as “Aurum ” in 2022.
“No dream is too big, no detail is too small”
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By way of introduction, I am Ashish Deora, CEO of Aurum Ventures, which I founded in 1996 at the age of 21. I have been fortunate to gain extensive experience in multiple industries, including Mining and Exploration, Aviation, Automotive Components, Renewable Energy, Telecom, Real Estate, and PropTech. This has been possible due to the overall growth that India has witnessed Specifically in the last decade.
As a first-generation entrepreneur, I am passionate about driving Aurum towards meaningful endeavours while working with an excellent team and efficient capital. As a leader, nurturing entrepreneurship, innovation, and philanthropy is a daily activity.
As an alumnus of Harvard Business School, I have sought to incorporate some of the valuable lessons, such as the ‘Case Study’ method into my company culture and team trainings.
Having been fortunate to learn from successful exits and growth opportunities both in India and overseas, I am passionate about identifying and managing businesses in growth-led and data-centric sectors.
My firm belief lies in the potential of Indian entrepreneurs to create a significant impact in the coming decade. As a serial entrepreneur, nothing excites me more than identifying contrarian opportunities in businesses and skilfully mitigating risks. A voracious reader, my inspiration spans from Vivekananda to Bezos, with my current favourite book being ‘Autobiography of a Yogi’ by Paramhansa Yogananda.
Sundays are devoted to spending quality time with Aditya and Amrita, while my travels are an opportunity to keenly observe and learn from different cultures. Living by the principle from the Bhagavad Gita, I wholeheartedly focus on actions rather than results.
From humble beginnings and unwavering determination, Aurum has grown and transformed, spearheading innovation and disrupting real estate with cutting-edge products and services. 3 decades of experience coupled with start-up agility.
Find out more about where we came from and where we’re headed.
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Telecom
First company to create optic fibre network in Mumbai.
Video on Demand
Pioneered a futuristic video on demand and IPTV venture.
Aviation
Amongst the first no frills airlines in India, SpiceJet.
Automotive Component
Invested in manufacturing facility in Greater Noida, Daewoo Motors.
Residential Real Estate
Aurum RealEstate developed an ultra-luxury residential building in South Mumbai, 7 Marine Drive.
Renewable Energy
Aurum co-founded the largest renewable energy IPP in India, ReNew Power.
Mining and Exploration
Aurum invested in junior mining, exploring the African continent searching for gold and coal.
Real Estate
Aurum acquired seven million sq. ft. of a mixed-use project in Navi Mumbai from CapitaLand.
Commercial Real Estate
Aurum launched top-tier commercial office spaces in Aurum Q Parć on Thane Belapur Road.
Residential Real Estate
Largest planned walk-to-work campus in the IT hub of Navi Mumbai.
Commercial Real Estate
Delivered the first pre-certified LEED platinum office building in Navi Mumbai. Ascendas-Singbridge, a sovereign wealth fund in Singapore bought 1.4 million square feet of commercial space in Q Parć for INR 930 crore.
Commercial Real Estate
Delivered LEED platinum commercial building “Q2”.
PropTech
Acquired Majesco Limited, which is now Aurum PropTech Limited, a publicly traded company listed with both major exchanges. Acquired controlling stake in multiple PropTech companies.
Residential Real Estate
Residential portfolio of Aurum Arts, Aurum Seven, Aurum Q Islands R4 to R7 across Mumbai Metropolitan Region is being developed. Commercial and Retail projects of Aurum Q3 and Aurum Square in Navi Mumbai is under construction.
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Real Estate
Aurum acquired 14% stake in Shriram Properties from Walton St. Capital and Starwood Capital Group for INR 135 crores.
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Residential Real Estate
Aurum forayed into the redevelopment vertical with the acquisition of a residential society in South Mumbai.
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Residential Real Estate
Aurum completed its residential project, Aurum Arts at South Mumbai, Worli.
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PropTech
Aurum PropTech approves acquisition of up to 100% stake in Nestaway.
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Commercial Real Estate
Aurum’s iconic 22-storey, LEED Platinum certified Building Q2 tower in Navi Mumbai has been sold to Singapore-based CapitaLand for INR 707 crore.
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Real Estate
In February 2024, Aurum secured a 2064 sq. m. plot in Oshiwara for its Aurum Square project, featuring luxury residential with high street retail spaces.
Autobiography of a Yogi’ inspires me to embrace Indian values and practices such as meditation, yoga, and devotion as a means to tap into the inner potential and realize my spiritual nature.
How Steve Jobs pushed for excellence in execution, even in the face of challenges and resistance in order to achieve great results. The ability to push brilliant people to do brilliant things.
The Snowball: Warren Buffett and the Business of Life by Alice Schroeder
‘The Snowball’ taught me that through discipline, patience, and the power of compounding, i can achieve extraordinary success in both my personal and professional lives, as exemplified by Warren Buffett’s remarkable journey.
The Founder’s Mentality by
Chris Zook & James Allen
‘The Founder’s Mentality’ inspired me to embrace the spirit of entrepreneurship, maintain a relentless focus on the customer, and stay true to my founding values and vision as i scale our businesses for sustained success.
The Everything Store: Jeff Bezos and the Age of Amazon by Brad Stone
The Everything Store’ inspired me to embrace innovation, take risks, and relentlessly focus on customer satisfaction as i pursue my entrepreneurial ambitions and build successful businesses in the digital age.
We are looking forward to progressive regulatory frameworks not only to foster investor interest in the real estate space but also to ensure investor protection, common disclosure practices, and a robust redressal mechanism.
The online home rental marketplace had secured a cumulative funding of $110 million at the latest valuation of $220 million in 2019, garnering investments from marquee
The new platform will focus on utilising technology to offer risk-adjusted institutional-grade investment products for its rapidly growing customer segment
Aurum PropTech Ltd, formerly known as Majesco Ltd, as part of its continued inorganic growth strategy, has acquired Goldman Sachs-backed Nestaway’s co-living subsidiary
MUMBAI: Realty developer Aurum Ventures-controlled listed information technology company Aurum PropTech has approved raising up to Rs 343.56 crore through a rights issue.
At 19,480%, Majesco’s interim is highest payout ever by an Indian firm
ANSF (Aurum Service Fortnight)
Aurum is the philanthropic arm of Aurum Ventures. Our Ikigai as a passion-driven company that is deeply followed by every member of our team is anchored by 6 core pillars – Beti Bachao BetiPadhao, Nutritious Meals, Medical Interventions, Tree Plantation, Safe Man-Hours and Animal Haven. Our very first ANSF was accomplished from 17th Sept to 02nd Oct. 2022 and was a very soulful and gratifying experience.
Aurum Entrepreneurs Forum is a physical forum, where founders in the Aurum PropTech Ecosystem converge every quarter. With unwavering dedication, these founders come together to foster collaboration, innovation, and the realization of a shared dream: the development of an Integrated PropTech Ecosystem that redefines the future of real estate.
Diwali Pariwar Milan is a yearly meet up on the occasion of Diwali where I invite the family and loved ones of all my team members to visit the campus and celebrate the joyous occasion of Diwali as one big Aurum Family.
At Aurum, we embrace a flat organizational structure, where everyone’s opinion is valued. To promote a collaborative and inclusive workplace culture, I use the Aurum Premier League (APL) to bring all team members together through various activities such as cricket, football, carrom, and more. This approach fosters teamwork, camaraderie, and healthy competition amongst the family.
To foster a positive company culture, I organize an annual bash for all my team players. This is an opportunity for us to let loose, have fun, and bond with one another outside of work. Through this event, I aim to show my appreciation for their hard work and dedication while fostering a sense of community and belonging at Aurum.
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Service Fortnight)
is the philanthropic arm of Aurum Ventures. Our Ikigai as a passion-driven company that is deeply followed by every member of our team is anchored by 6 core pillars – Beti Bachao BetiPadhao, Nutritious Meals, Medical Interventions, Tree Plantation, Safe Man-Hours and Animal Haven. Our very first ANSF was accomplished from 17th Sept to 02nd Oct. 2022 and was a very soulful and gratifying experience.
