ArisUnitern RE Solutions (Unitern), a development management firm, has secured a mandate to execute five premium real estate projects in Bengaluru, collectively valued at approximately Rs 10 billion. This milestone further strengthens Unitern’s role in shaping Bengaluru’s evolving real estate sector, emphasizing its expertise in comprehensive project management solutions. Announced at the recently concluded Unitern Pinnacle Summit – Channel Partner Meet, the mandate covers a diverse portfolio, including plotted developments, residential apartments, and luxury villas across key Bengaluru locations. These projects are set for launch in the first quarter of FY 2025-26 and are expected to be completed within 18 to 24 months. The developments will be situated in prominent micro-markets such as Doddaballapur, Hoskote, Varthur, IVC Road, and Sahakar Nagar. Designed with premium amenities and contemporary architecture, these projects aim to redefine urban living in Bengaluru. As a development partner, Unitern will oversee the entire project lifecycle, ensuring efficient execution through streamlined access to financial resources, materials, and project management expertise. Its integrated approach spans branding, marketing, sales, customer relationship management (CRM), and customer experience, maximizing value for both developers and homebuyers. Additionally, Unitern specializes in reviving stalled projects by facilitating capital infusion, construction management, and sales strategies, ensuring timely delivery and reinforcing confidence in the real estate sector. Bengaluru’s real estate market has witnessed significant growth, with residential launches exceeding 38,000 in 2024, marking a 12% increase from the previous year, according to Cushman and Wakefield. East and North Bengaluru accounted for 39% and 34% of these launches, respectively, while South Bengaluru contributed 14%. High-end and luxury developments represented nearly 40% of total launches for the year. Northern Bengaluru, in particular, has gained traction due to major infrastructure developments, including metro rail extensions, Knowledge and Innovation (KWIN) City, global technology manufacturing facilities, the Bangalore Suburban Rail Project, and the Satellite Town Ring Road (STRR). These advancements are driving demand for residential units, plotted developments, and luxury villas, creating significant opportunities for developers. News source: CONSTRUCTION WEEK