Investing in India's Most Expensive Share: Propshare Platina - A Comprehensive Guide
Explore the details of Propshare Platina, India's most expensive share, and understand the investment strategy, projected yields, and key factors contributing to its high value.
Real EstateInvestmentReitPropshare PlatinaIpoReal EstateJun 19, 2025
Full Name of Share: Property Share Investment Trust- Propshare Platina.
Incorporation:
The Property Share Investment Trust was incorporated in 2024, marking a new era in the real estate investment market. This innovative trust aims to provide a structured and regulated avenue for investors to participate in the growth of commercial real estate in India.
Why Are These Shares So Expensive?
Propshare Platina is currently the most expensive share/unit available for investment in India, and there are several key reasons for this:
1. Prime Location : The trust includes commercial office spaces located on Outer Ring Road, Bangalore. One of the prominent properties is the Prestige Tech Platina, a well-known commercial office space with a total leasable area of 246,935 square feet.
2. Long-Term Lease Agreement : The property is proposed to be fully leased to 24/7 Customer Private Limited, a U.S.-based technology company, under a 9-year lease agreement. This long-term lease is a positive indicator of stable cash flow for the REIT, making it an attractive investment for those seeking consistent returns.
3. Strategic Investment Strategy : The scheme focuses on investing in completed commercial properties and manages cash flows effectively through SPVs and other investments. This approach ensures that investors have a clear and transparent understanding of their investment, enhancing trust and confidence.
4. Net Distributable Cash Flows : The Real Estate Investment Trust will hold amounts pending investment or distribution as net distributable cash flows to unit holders, ensuring that investors receive regular and reliable returns.
Projected Distribution Yields:
The scheme offers a projected distribution yield as follows:
| Fiscal Year | Projected Yield |
|-------------|-----------------|
| FY26 | 9% |
| FY27 | 8.7% |
| FY28 | 8.6% |
IPO Listed Details:
The company launched its IPO for a fresh issue of 3,361 Platina Units aggregating to ₹353 crore and got listed on BSE on 10th December 2024. Here are the key details of the IPO:
| Detail | Information |
|----------------|------------------------------------------|
| IPO Date | Mon, 2nd Dec 2024 to Wed 4th December 2024 |
| Face Value | Rupees per share |
| Issue Price | Rs.1,050,000 per share |
| Lot | 1 |
| Share | 1 |
About Prestige Tech Platina:
Prestige Tech Platina is a LEED Gold building developed by the Prestige Group. It is home to established multinational tenants, including JP Morgan Chase, Adobe, Oracle, and Juniper Networks. This prestigious property adds significant value to the Propshare Platina portfolio, enhancing its appeal to investors.
Conclusion:
The Property Share Investment Trust represents a strategic advancement in India’s real estate investment sector. By providing a structured and regulated avenue for investing in commercial real estate, it aims to attract investors looking for stable returns. With a focus on completed properties, a robust leasing strategy, and an emphasis on sustainability, Propshare Platina is poised to become a cornerstone of the Indian real estate market.
Frequently Asked Questions
What is Propshare Platina?
Propshare Platina is India’s first registered Small and Medium Real Estate Investment Trust (SME-REIT) that focuses on investing in completed and revenue-generating real estate properties through SPVs.
Why is Propshare Platina so expensive?
Propshare Platina is expensive due to its prime location, long-term lease agreement with a reputable tenant, strategic investment strategy, and the high-quality properties it includes, such as the Prestige Tech Platina.
What are the projected distribution yields for Propshare Platina?
The projected distribution yields for Propshare Platina are 9% for FY26, 8.7% for FY27, and 8.6% for FY28.
When did Propshare Platina launch its IPO?
Propshare Platina launched its IPO for a fresh issue of 3,361 Platina Units aggregating to ₹353 crore and got listed on BSE on 10th December 2024.
What is the significance of the Prestige Tech Platina in the Propshare Platina portfolio?
The Prestige Tech Platina is a LEED Gold building with established multinational tenants, adding significant value to the Propshare Platina portfolio and enhancing its appeal to investors.
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