ArisUnitern RE Solutions Pvt. Ltd. (Unitern) secured the mandate to execute five premium real estate projects in Bengaluru, with a collective revenue potential of approximately Rs 1,000 crore. This marks a significant milestone in Bengaluru's evolving real estate landscape, reinforcing Unitern's expertise in delivering end-to-end solutions for developers.
At the recently concluded Unitern Pinnacle Summit – Channel Partner Meet, Unitern announced plans to develop a mix of plotted developments, residential apartments, and premium luxury villas across key locations in Bengaluru. These projects will be launched during the first quarter of FY 2025-26 and completed in 18 to 24 months. These projects are coming up across Bengaluru's key micro markets, including Doddaballapur, Hoskote, Varthur, IVC Road and Sahakar Nagar. They will feature premium amenities and contemporary design, redefining Bengaluru's urban living.
Unitern will oversee the entire lifecycle of these projects, ensuring seamless execution by facilitating timely access to money, material, and management for project success. From branding and marketing to sales, customer relationship management (CRM), and customer experience, Unitern provides an integrated approach to maximise value for developers and buyers. Additionally, Unitern plays a pivotal role in reviving stressed projects, ensuring their timely completion and delivery. This helps developers unlock project value and provides much-needed relief to homebuyers, reinforcing trust and confidence in the real estate ecosystem.
Srini Gopalan, CEO of ArisInfra Solutions Ltd, said, "Bengaluru's real estate market is rapidly evolving with homebuyers prioritising timely project completion and gravitating toward developers with a strong track record. Securing the mandates for five projects underscores our ability to add value across the real estate lifecycle. We have also facilitated market funding for some of these projects, reinforcing our confidence in their growth potential and investment appeal."
Saurin Vora, Developer of Parth Gardenia, stated, "Our project was stalled at 80% completion due to various challenges. When we approached Unitern, they immediately focused on finding a sustainable solution. Once the plan was in place, they infused the necessary capital, took control of the site, managed construction, arranged procurement of materials and successfully relaunched the project with renewed confidence. Unitern is managing the entire development, driving sales, and ensuring a seamless handover to buyers, including forming the association. I don't think any other company offers such a comprehensive and professional approach."
In 2024, residential launches stood at over 38,000, reflecting a 12% growth over the previous year, with East and North micro markets contributing 39% and 34% of annual launches, respectively, followed by South Bengaluru with a share of 14%, as per Cushman and Wakefield report. Nearly half of the fourth-quarter launches were in the high-end and luxury segment, accounting for 40% of the year's total project launches.
Bengaluru's micro-markets, especially in the north, are witnessing increased traction from developers on the back of the launch of several large-ticket infrastructural projects such as the extension of metro rail, Knowledge and Innovation (KWIN) City, manufacturing facilities of some of the world's largest technology component manufacturers along with the Bangalore Suburban Rail Project and STRR etc. This is driving a significant demand for real estate across asset classes, including plotted development, residential units, and luxury villas, which are opening up immense opportunities for developers.
