Unlocks
Commercial Value of Over ₹1,000 Crore for Transcon Developers
Arisinfra
Solutions Limited (NSE, BSE: ARISINFRA), through its subsidiary ArisUnitern RE
Solutions Pvt. Ltd. (Unitern)—a leading provider of integrated construction
materials and project management solutions, has played a pivotal role in
helping Transcon Developers achieve a key milestone at its flagship commercial
project, Transcon Ramdev Plaza. Located near the bustling Milan Subway in
Santacruz, Mumbai, the project has received the Occupation Certificate (OC) for
158,000 square feet of commercial space covering 235 shops unlocking an
estimated value of over ₹1,000 crore for Transcon Developers.
Navigating
through one of the most challenging phases in the Indian real estate sector,
Transcon partnered with Unitern to ensure disciplined execution and closure.
Leveraging its 3M framework — Money, Material, and Management — Unitern
provided a full-stack solution to resolve financial, operational, and delivery
challenges, enabling the successful completion of the project.
Speaking about the achievement, Kirti Kedia, Promoter,
Transcon Developers, said, “Transcon Ramdev
Plaza is not just about erecting a structure; it is a profound victory of
perseverance and partnership. Delivering the SRA tenements was our foremost
social commitment. Now, with the OC for our shops, we are injecting a
significant commercial supply into one of Mumbai’s most strategic locations.
This success, especially through the turbulent times, is a clear vindication of
our belief in disciplined execution and our strategic association with Unitern,
who became our vital resource pillar of Money, Material, and Management. The
Ramdev Plaza now stands as a symbol of our unwavering commitment to delivering
quality, completed products to Mumbai."
Srinivasan Gopalan, CEO, Arisinfra Solutions Ltd.,
said, “Our engagement with Transcon Developers exemplifies the impact of
Unitern’’s 3M framework — Money, Material, and Management. By combining
financial discipline, operational efficiency, and on-ground execution, we were
able to help unlock a project of significant commercial and social value. The
successful completion of Transcon Ramdev Plaza underscores our commitment to
enabling developers to deliver quality, timely outcomes while contributing to
the health and progress of India’s real estate ecosystem.”
Spanning
approximately 200,000 square feet, Transcon Ramdev Plaza is a major SRA
commercial development that follows the successful handover of around 147
residential tenements earlier this year. A further OC has now been granted for
51 additional rehabilitation tenements, bringing the total to 198, marking the
project’s full-circle completion across both social and commercial fronts.
With the OC in place, the commercial shops at Transcon Ramdev Plaza are ready for operationalization, set to emerge as a vibrant hub for businesses around the Santacruz–Milan Subway area.
