Arisinfra Solutions Limited has informed the Exchange regarding a press release dated March 17, 2026, titled "Phoenix Rising: Unitern Revives Parth Gardenia through Its DaaS Model, Targets INR 300 Crore Launch".
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Arisinfra Solutions' subsidiary ArisUnitern RE Solutions (Unitern) has revived the stalled Parth Gardenia residential project in Bengaluru through its Developer-as-a-Service (DaaS) platform in under 12 months. The turnaround includes debt settlement with lenders, securing RERA and other regulatory approvals, and value engineering through FSI optimization. The project features 288 premium 2 and 3 BHK units with a Gross Development Value of approximately INR 300 crore, and construction is progressing with six floors completed across two of three towers. Unitern will manage the full project lifecycle including sales, collections, construction completion, and cash flow management until the residents' association is formed. The official launch is scheduled for March 19, 2026.
This demonstrates the commercial viability of Arisinfra's DaaS model and could drive future revenue from a INR 300 crore project, but execution risk remains as the company moves from revival to actual sales and delivery.