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Home Real Estate

ArisUnitern, a Subsidiary of Arisinfra, completes Chennai Project — Delivers 268,000 Sq. Ft. with Completion Certificate in Record Time

by NS
July 31, 2025
in Real Estate
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Mumbai  – Arisinfra Solutions Ltd. (BSE, NSE: ARISINFRA) is pleased to announce that its subsidiary, ArisUnitern RE Solutions Pvt. Ltd. (Unitern), has successfully delivered an end-to-end solution for a residential project and received the Completion Certificate for the residential project in Chennai. The 268,000 square feet project, featuring five residential towers with 185 units, was delivered within 24 months of commencement, showcasing the company’s efficient project execution capabilities.

Originally conceived by a previous developer and backed by Investcorp, the project remained inactive with construction coming to a standstill. Investcorp— the project’s lender and a leading global alternative investment firm headquartered in Bahrain—appointed Unitern to take over and deliver the project from the ground up, with the aim of protecting stakeholder value.

The work on the project commenced in January 2023 and was completed in just over 24 months, with the Completion Certificate received in July 2025. Thus, demonstrating a clearly defined and efficiently executed delivery timeline.

Navin Dhanuka, Director, ArisUnitern RE Solutions Pvt. Ltd., stated, “This project is a true reflection of what Unitern stands for — solving real estate challenges others walk away from. We were brought in when not a single brick had been laid, and within 24 months, we delivered five towers, 185 homes, and full compliance. It’s a validation of our ability to combine sharp planning, execution strength, and assured material supply to unlock stuck projects and create real value. We thank Investcorp for the trust and the opportunity to deliver at scale.”

Yayati Kene, Technical Consultant, Investcorp, stated, “Investcorp has always prioritised the long-term value of its investments and the interests of all stakeholders. We needed a partner who could own the challenge and drive it to completion with precision and speed. Unitern did exactly that — taking charge from day one, aligning resources, and executing flawlessly. The result speaks volumes: today, we see a fully completed and certified development delivered at record pace.”

Over the course of the project, Arisinfra and its subsidiaries generated approximately ₹34 crores in combined revenues from services and material supply, reflecting the strong commercial viability and execution capabilities of the group’s integrated delivery model.

This successful delivery underlines the strength of Arisinfra’s integrated model, which brings together project services and assured material supply — to unlock value, de-risk execution, and consistently deliver client outcomes with speed and scale.

NS

NS

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