About Property Share Investment Trust-Propshare Celestia
PropShare Celestia is the third investment scheme of Property Share Investment Trust, established as India’s first registered small and medium real estate investment trust (REIT) under SEBI regulations. Launched on December 12, 2025, it underscores the REIT's expansion into premium commercial real estate investments. The scheme focuses on a strategic commercial property, Stratum @ Venus Grounds, located in Nehru Nagar, Ahmedabad. This Grade A+ mixed-use development spans a Super Built-Up Area of 2,07,838 sq. ft and boasts 100% tenancy by four major tenants, including two publicly listed managed-office operators and a Swedish-listed multinational telecom firm.
PropShare Celestia uniquely caters to a diversified occupier base of 10 tenants facilitated by its lessees. The tenants include prominent names like three Fortune Global 500 companies (in consulting, technology, and chemicals), a Fortune 500 FMCG firm, Tech Mahindra, a US-based professional services firm, and other notable players in banking, e-commerce, and data analytics. This tenant profile highlights the project's appeal and diverse income streams, reducing dependency on any single industry.
The property is an IGBC Platinum-certified Grade A+ asset and includes sustainable features like solar panels, rainwater harvesting, and EV charging points. Additional highlights include a triple-height lobby, destination-controlled elevators, and five levels of basement parking. As one of only two Grade A+ developments in Ahmedabad’s SBD submarket, it commands some of the highest rental yields in the city, enhancing its value as an investment opportunity.
The REIT aims to raise Rs 244.65 crore through its initial public offering for PropShare Celestia units, offering investors access to a high-quality, income-generating real estate asset with sustainable design and a stable, diversified tenant mix. This makes it a compelling prospect for traders seeking exposure to India’s burgeoning real estate market.
