Subsidiary Unitern bags second Transcon mandate for ₹400 Cr GDV project in Kalina

Subsidiary ArisUnitern has been appointed Developer-as-a-Service partner by Transcon Group for Transcon UNO at Kalina, Mumbai — a commercial redevelopment with ~1.06 lakh sq ft free-sale RERA carpet area and potential GDV of ~₹400 Cr.

Tue 29 Sep 2026

Project GDV

~₹400 Cr

RERA Carpet Area

~1.06 lakh sq ft free-sale

Mandate Duration

18 months end-to-end

Total DaaS GDV Pipeline

Over ₹2,500 Cr over 30 months

Project Location

Kalina, Santacruz (East), Mumbai

What was announced

ArisInfra Solutions said its subsidiary, ArisUnitern RE Solutions Private Limited (Unitern), has been appointed by Transcon Group as the Developer-as-a-Service (DaaS) partner for Transcon UNO at Kalina, Mumbai, under its IGNITE module.

The project

• Premium commercial redevelopment at Kalina, Santacruz (East), with high-end retail and seven floors of premium office space.
• Free-sale RERA carpet area of ~1.06 lakh sq ft.
• Potential gross development value (GDV) of ~₹400 Cr. GDV is the estimated total sale value of the project, not the company's revenue from it.

Scope of the mandate

• An 18-month, end-to-end mandate.
• Unitern will run construction through a Category A contractor with equity-like participation.
• All materials to be supplied through the ARIS platform.
• Unitern also owns sales, marketing, collections and lender management.
• The promoter gets visibility through a live Project Health Index dashboard.
• All approvals, including RERA, are in place, so construction and sales begin immediately.

Repeat client

This is Unitern's second mandate from Transcon Group, after Phase 1 of Transcon Ramdev Plaza at Santacruz (West). With this win, the total GDV of projects under Unitern's DaaS mandates rises to over ₹2,500 Cr, to be executed over the next 30 months.

How investors may read it

A repeat mandate from the same developer group, with approvals already in place, can be seen as validation of the DaaS model and as adding to the subsidiary's pipeline. The economics of the mandate to ArisInfra are expressed in project GDV terms rather than as contract fees, so the earnings impact will show up through execution over the mandate period. The company notes that forward-looking statements are subject to risks and uncertainties.

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