Arisinfra Solutions Revives Parth Gardenia Project via DaaS Model, Targets ₹300 Crore Launch
Arisinfra Solutions' subsidiary, Unitern, has revived the Parth Gardenia project using its DaaS model. The company targets a ₹300 crore launch on March 19, 2026, for 288 premium residential units. The project has achieved financial closure and regulatory approvals, with construction underway.
The revival and upcoming launch of the Parth Gardenia project with a significant GDV of ₹300 crore is a material development for Arisinfra Solutions, impacting its project portfolio and revenue potential.
The announcement details a successful turnaround of a stalled project, achieving financial closure, regulatory approvals, and significant progress in construction, indicating a positive development for the company.
Arisinfra Solutions Limited (ARIS) announced through its subsidiary, ArisUnitern RE Solutions Pvt Ltd. (Unitern), the successful revival of the stalled Parth Gardenia project in Bengaluru using its Developer-as-a-Service (DaaS) platform.
Once a distressed asset facing financial leverage, regulatory delays, and eroded confidence, Parth Gardenia has been transformed within 12 months. Unitern acted as a surrogate developer, achieving financial closure with lenders, securing all regulatory approvals including RERA, and implementing value engineering through FSI optimization and structural audits. Construction is advanced with six floors completed in two of the three towers.
The project will officially launch on March 19, 2026. Unitern will manage the entire lifecycle, including pre-sales, sales, collections, CRM, construction completion, and project operations until the association is formed. Parth Gardenia features 288 premium 2 and 3 BHK residential units with a Gross Development Value (GDV) of approximately ₹300 crore (30000 Lakhs).
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