Arisinfra Revives Stalled Parth Gardenia Project in Bengaluru Using Developer-as-a-Service Model

Arisinfra
Arisinfra Solutions Ltd. has revived the stalled Parth Gardenia residential project in North Bengaluru through its subsidiary ArisUnitern RE Solutions Pvt. Ltd. using its Developer-as-a-Service (DaaS) platform. The project had previously faced significant challenges, including high financial leverage, pending approvals and declining confidence among channel partners. Unitern stepped in as a surrogate developer and implemented a comprehensive turnaround strategy to restructure and relaunch the project.

Under the DaaS model, the redevelopment integrates finance, materials and project management through a unified execution framework. The initiative has repositioned the Parth Gardenia project in Bengaluru’s northern residential corridor, transforming it from a distressed development into a revived residential offering with renewed market confidence.

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.
📅 Published on: 18 March 2026
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