ArisUnitern Revives Parth Gardenia and Targets Rs three billion GDV
ECONOMY & POLICY

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.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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.

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement