Business Update6 May 2026, 08:51 pm
ArisInfra Subsidiary Secures Service Order from Wadhwa Group
AI Summary
Arisinfra Solutions Ltd, through its subsidiary Arisunitern Re Solutions Private Limited, has secured a service order from Wadhwa Construction & Infrastructure Private Limited (The Wadhwa Group). The order involves providing Developer-as-a-Service (DAAS), specifically its ‘Catalyst’ module, to support the acceleration of OC-ready phases for Wadhwa Wise City, a township project in Panvel. The contract commences on May 1, 2026, for an initial duration of eight months, with potential extensions. The project has an estimated achievement of up to ₹400 crore out of a Gross Development Value of approximately ₹650 Cr.
Key Highlights
- Arisunitern Re Solutions to provide Developer-as-a-Service (DAAS) to Wadhwa Group.
- The service order supports Wadhwa Wise City project in Panvel.
- Contract starts May 1, 2026, for eight months, extendable by mutual consent.
- Project aims for ₹400 crore achievement from ₹650 Cr GDV.
- Consideration includes agreed monthly fixed fees and % on the Gross Development Value.