Shopping cart

    Subtotal 0.00

    View cartCheckout

    Magazines cover a wide array subjects, including but not limited to fashion, lifestyle, health, politics, business, Entertainment, sports, science,

    Shopping cart

      Subtotal 0.00

      View cartCheckout

      Magazines cover a wide array subjects, including but not limited to fashion, lifestyle, health, politics, business, Entertainment, sports, science,

      • Home
      • News
      • Unitern revives Parth Gardenia, targets ₹300 crore launch
      News

      Unitern revives Parth Gardenia, targets ₹300 crore launch

      Unitern
      Email :1

      In a striking turnaround that underscores the evolving playbook of real estate revival, Arisinfra Solutions Ltd, through its subsidiary ArisUnitern RE Solutions Pvt. Ltd. (Unitern), has resurrected the long-stalled Parth Gardenia project in North Bengaluru. Leveraging its Developer-as-a-Service (DaaS) platform, Unitern has converted a financially distressed, approval-lagged development into a fully compliant, debt-free residential project with a projected gross development value of ₹300 crore—ready for market launch within just a year of intervention.

      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.

      Unitern will officially launch sales for Parth Gardenia on March 19, 2026. The mandate covers the entire value chain, from pre-sales, marketing, and collections to CRM and final handovers. Beyond sales, Unitern continues to manage the project end-to-end, including daily cash flows, procurement, and on-site operations to ensure the fulfillment of long-standing commitments.

      Located just 10 minutes from the Mall of Asia in Sahakar Nagar, the project offers a Gross Development Value (GDV) of approximately ₹300 crore. It features 288 premium, spacious 2- and 3-BHK residential units designed for modern family living, including unique “Jodi” (twin) apartment options and dedicated dining areas.

      “We don’t just provide advice; we provided the money, material, and management to bring this project to launch,” says Navin Dhanuka, Director at ArisUnitern RE Solutions Pvt.Ltd.. By integrating deep market research with aggressive execution, Unitern’s DaaS model has proven that even the most complex financial distress can be converted into a premium residential landmark.

      Related Tags:
      0 0 votes
      Article Rating
      Subscribe
      Notify of
      guest
      0 Comments
      Oldest
      Newest Most Voted
      Inline Feedbacks
      View all comments

      Related Posts

      Join

      To Receive Daily Updates

      0
      Would love your thoughts, please comment.x
      ()
      x