Unitern Bags ₹1,000 Cr Development Mandate in Bengaluru’s Prime Micro Markets

Bengaluru, 20 March 2025: ArisUnitern RE Solutions Pvt. Ltd. (Unitern), a leading development management company, has secured the mandate to execute five premium real estate projects in Bengaluru, with a collective revenue potential of approximately ₹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.

Announced on the sidelines of the recently concluded Unitern Pinnacle Summit – Channel Partner Meet, Unitern will be helping develop a mix of plotted developments, residential apartments, and premium luxury villas across Bengaluru’s key locations as part of this mandate. These projects will be launched during the first quarter of FY 2025-26, and will be completed in a span of 18 to 24 months.

These projects are coming up across Bengaluru’s key micro markets including Doddaballapur, Hoskote, Varthur, IVC Road and Sahakar Nagar and will feature premium amenities and contemporary design, thereby redefining urban living in Bengaluru.

As a development partner, 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 maximize value for both developers and buyers. Additionally, Unitern plays a pivotal role in reviving stressed projects, ensuring their timely completion and delivery. This not only helps developers unlock project value but also provides much-needed relief to homebuyers, reinforcing trust and confidence in the real estate ecosystem.

Commenting on this development, Srini Gopalan, CEO of ArisInfra Solutions Ltd said, “Bengaluru’s real estate market is rapidly evolving with homebuyers prioritizing 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, shared, “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 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 the formation of 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 a report by Cushman and Wakefield. 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 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, opening up immense opportunities for developers.

Leave a Reply

Your email address will not be published. Required fields are marked *

Previous post Zerodha Fund House Unveils Zerodha Overnight Fund for Short-Term Investments
Next post Revolutionizing Desalination: Green Power Makes Drinking Water Affordable