Project and Mandate Details
Arisinfra Solutions Ltd. announced that its subsidiary, ArisUnitern RE Solutions Private Ltd. (Unitern), has been appointed as the Developer-as-a-Service (DaaS) partner for Transcon Ramdev Plaza Phase II at Santacruz (West), Mumbai, under its CATALYST module. This marks Unitern's third mandate from Transcon Group.
Project Specifications
- Location: Santacruz (West), Mumbai
- Project Type: Premium commercial development (retail shops and premium small-office formats)
- RERA Carpet Area: Approximately 0.56 lakh sq. ft. available for free sale
- Gross Development Value (GDV): Approximately ₹250 Cr
- Project Status: All approvals including RERA in place, construction at advanced stage
- Phase I Status: Occupation Certificate received, handovers underway
Mandate Scope and Duration
- Contract Type: 18-month, end-to-end Developer-as-a-Service mandate
- Responsibilities: Drive project towards completion, facilitate supply of all construction materials through ARIS platform, sales, channel partner management, collections, lender management
- Technology Component: Live DaaS dashboard providing complete visibility to promoter
- Focus Areas: Accelerating sales and driving project towards completion
Financial and Operational Impact
With this mandate, the total Gross Development Value (GDV) of projects under Unitern's DaaS mandates rises to over ₹2,750 Cr. This represents the third mandate from Transcon Group, following the completed mandate for Phase I of the same project and the recent appointment for Transcon UNO at Kalina.
Management Commentary
Srinivasan Gopalan, CEO, Arisinfra Solutions Ltd.: "A third mandate from Transcon is strong validation of the DaaS model. CATALYST is built for projects like Ramdev Plaza Phase II, which are nearing completion. We accelerate sales and closure, creating liquidity for both the developer and its lender."
Kirti Kedia, Promoter, Transcon Group: "Having worked with Unitern on Phase I of Ramdev Plaza and now on UNO, we are delighted to extend the partnership to Phase II. With Unitern driving execution and sales, our team can focus fully on approvals and tenant management."
Business Model Context
Unitern operates as a Developer-as-a-Service (DaaS) platform that integrates Money, Material and Management to deliver real estate projects with greater control, speed and execution certainty. The CATALYST module is specifically designed for projects nearing completion.
Corporate Background
Arisinfra Solutions Ltd. is India's first listed company offering an organized construction material supply and services network, serving infrastructure and real estate clients through operational efficiency, material supply exclusivity, and high-margin service offerings.