Phoenix Rising: Unitern's "DaaS" Engine Powers Parth Gardenia to a INR 300 Crore Launch
In a masterclass of real estate turnaround, Arisinfra Solutions Ltd. (NSE, BSE: ARISINFRA), through its subsidiary ArisUnitern RE Solutions Pvt. Ltd. (Unitern), has officially breathed life back into Parth Gardenia. By deploying its innovative Developer as a Service (DaaS) platform, Unitern has transformed this once-stalled entry-level residential project in Bengaluru’s North zone into a high-value powerhouse. Just twelve months ago, Parth...
In a masterclass of real estate turnaround, Arisinfra Solutions Ltd. (NSE, BSE: ARISINFRA), through its subsidiary ArisUnitern RE Solutions Pvt. Ltd. (Unitern), has officially breathed life back into Parth Gardenia. By deploying its innovative Developer as a Service (DaaS) platform, Unitern has transformed this once-stalled entry-level residential project in Bengaluru’s North zone into a high-value powerhouse.
Just twelve months ago, Parth Gardenia was a project in distress—stalled by high financial leverage, pending approvals, and a total loss of channel partner confidence. Unitern stepped in as the surrogate developer, deploying a 360-degree DaaS strategy to overhaul the project's DNA and re-engineer the development under a model that integrates Money, Material, and Management.
In a single year of execution excellence, Unitern has cleared the wreckage alongside the Promoter to achieve total financial closure. Previously delayed for over eight years and formerly funded by DHFL, the project has been completely restructured as a debt-free development, backed by a successful settlement with lenders. With 100% of regulatory approvals and RERA status now firmly in place, the project has secured the greenlight for timely delivery.
The transformation includes significant value engineering; through FSI optimization and structural audits, Unitern and the Promoter increased the project's density and worth. Construction is now rapidly progressing, with over 80% of the development work completed and six floors already standing in two of the three towers.