ArisUnitern Revives Parth Gardenia and Targets Rs three billion GDV

ArisUnitern RE Solutions, a subsidiary of Arisinfra Solutions Limited, has completed a turnaround of the stalled Parth Gardenia residential project in Bengaluru within a year. The company applied its Developer-as-a-Service platform to transform a distressed asset afflicted by high leverage, regulatory delays and weakened partner confidence into a high-value development. The intervention restored project momentum and established operational clarity across stakeholders.

Unitern acted as a surrogate developer and executed a comprehensive 360-degree strategy covering finance, approvals and construction management. The company achieved financial closure through debt settlement with lenders and secured all regulatory approvals, including RERA. Value engineering, FSI optimisation and structural audits were implemented to improve density and project economics. Construction is under way with six floors completed across two of the three towers.

The project will be launched on March 19, 2026 and Unitern will manage pre-sales, sales, collections, customer relationship management, construction completion and daily cash flow until the formation of the association. The development comprises 288 premium two and three BHK units located about ten minutes from the Mall of Asia, in a high growth corridor with minimal direct competition. Sales and marketing plans have been instituted to position the offering to target buyer segments and to accelerate conversions. Project governance now includes enhanced reporting, stakeholder engagement and a focus on timely delivery.

The gross development value is approximately Rs three billion (Rs 3 bn) and the initiative underscores Arisinfra’s integrated approach to distressed projects. Arisinfra Solutions Limited is described as India’s first listed company offering an organised construction material supply and services network that aggregates suppliers and manufacturers for large developers and contractors. The company serves a broad set of infrastructure and real estate clients and aims to deliver operational efficiency, material supply exclusivity and high margin services across high growth regions. Mr Navin Dhanuka, Director at ArisUnitern, said that the DaaS model couples capital, materials and execution expertise to convert complex financial distress into viable residential delivery.

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