Property Share Investment Trust-Propshare Celestia

PropShare Celestia has been setup on December 12 2025 as the third scheme of Property Share Investment Trust settled in the Republic of India as an irrevocable trust on June 27 2024 at Bangalore Karnataka India under the provisions of Indian Trusts Act 1882 and registered as a small and medium real estate investment trust on August 5 2024 under Regulation 26L 1 of the Securities and Exchange Board of India Real Estate Investment Trusts Regulations 2014. PropShare Celestia is the third scheme launched by Property Share Investment Trust Indias first small and medium real estate investment trust registered with the Securities and Exchange Board of India. Its third scheme i.e. PropShare Celestia represents the Schemes offering across seven floors of Stratum Venus Grounds a Grade A mixeduse commercial building with a unique atrium located in prime Nehru Nagar Ahmedabad. Project Celestia has a Super BuiltUp Area of 207838 sq. ft and is 100 occupied by four tenants including three managedoffice operators Smartworks Coworking Spaces Limited EFC Limited both publicly listed and Paragraph Khajanchi Business Centre LLP one of the top five coworking operators in Ahmedabad in terms of no. of operational seats and a Swedish based listed telecom MNC.Lessees as managed office providers and coworking space operators have established managed office facilities at the Project Celestia for a diversified base of 10 occupiers comprising three Fortune Global 500 companies including a Global Consulting company a Global Technology company and a Global Chemical company and one Fortune 500 company which is a USbased multinational FMCG company. Other notable end users include Tech Mahindra USbased leading professional services firm an Indian private sector bank an Indian B2B ecommerce platform Risk management and financial analytics solutions provider and Data analytics and business intelligence firm.Stratum Venus Grounds is an IGBC Platinumcertified development including a 130kW solar panels rainwater harvesting systems and EV charging infrastructure. As one of only two Grade A developments in Ahmedabad SBD submarket the asset features a tripleheight lobby destinationcontrolled elevators a dedicated office dropoff area along with 5 levels of basement parking. Owing to its superior building quality and design Grade A Project Celestia commands some of the highest rentals in Ahmedabads office real estate market making it an attractive investment opportunity.The Trust is planning initial public offer of Celestia Units by raising Rs 244.65 Crore through fresh issue..