{"url":"https://newsforagent.com/news/2026-10-27/arisinfra-unitern-transcon-ramdev-plaza-mandate","markdown_url":"https://newsforagent.com/news/2026-10-27/arisinfra-unitern-transcon-ramdev-plaza-mandate.md","title":"Arisinfra Unitern Wins ₹250 Crore Transcon Mandate","headline":"Arisinfra's Unitern Secures ₹250 Crore GDV Mandate for Ramdev Plaza Phase II in Mumbai","description":"Arisinfra subsidiary Unitern has won a ₹250 crore GDV mandate from Transcon Group for Ramdev Plaza Phase II, its third engagement with the developer.","section":"Contracts & Customers","published_at":"2026-10-27T14:06:46+00:00","modified_at":"2026-10-27T14:06:46+00:00","author":"News Desk","key_takeaways":["ArisUnitern RE Solutions secured an 18-month mandate for Ramdev Plaza Phase II in Santacruz, Mumbai, with a potential GDV of about ₹250 crore.","The mandate is Unitern's third from Transcon Group, after Phase I and Transcon UNO at Kalina.","Cumulative GDV under Unitern's Developer-as-a-Service mandates now exceeds ₹2,750 crore."],"companies":[{"name":"Transcon","is_primary":true,"profile_url":"https://akta.pro/company-profiles/002q4r9/transcon","website":"https://www.transcon.in"},{"name":"ArisUnitern RE Solutions","is_primary":false,"profile_url":"https://akta.pro/company-profiles/003wdvt/arisunitern-re-solutions","website":"https://arisunitern.com"},{"name":"Aris Infra","is_primary":false,"profile_url":"https://akta.pro/company-profiles/0000ri5/aris-infra","website":"https://arisinfra.com"}],"source":{"publisher":"ScanX","title":"Arisinfra subsidiary Unitern bags ₹250 crore Transcon mandate","url":"https://scanx.trade/stock-market-news/companies/arisinfra-subsidiary-unitern-bags-250-crore-transcon-mandate/54653458"},"other_sources":[],"tags":["Contracts & Customers","Transcon","ArisUnitern RE Solutions","Aris Infra"],"body_markdown":"Arisinfra Solutions' subsidiary [ArisUnitern RE Solutions](https://akta.pro/company-profiles/003wdvt/arisunitern-re-solutions) has secured a mandate from [Transcon](https://akta.pro/company-profiles/002q4r9/transcon) Group for Ramdev Plaza Phase II in Santacruz, Mumbai, with a potential gross development value of about ₹250 crore. [ScanX](https://scanx.trade/stock-market-news/companies/arisinfra-subsidiary-unitern-bags-250-crore-transcon-mandate/54653458) reported the appointment on October 27, 2026. Arisinfra runs a tech-enabled platform for end-to-end real estate execution.\n\n## Unitern's Third Transcon Mandate\n\nThe appointment is Unitern's third engagement with Transcon Group, following the completion of Phase I and a recent mandate for Transcon UNO at Kalina. With this addition, the cumulative GDV of projects under Unitern's Developer-as-a-Service mandates exceeds ₹2,750 crore.\n\nRamdev Plaza Phase II is a premium commercial development comprising retail shops and small-office formats. It offers approximately 0.56 lakh sq. ft. of RERA carpet area available for free sale. All regulatory approvals, including RERA registration, are in place, and construction is at an advanced stage.\n\nUnder an 18-month end-to-end mandate, Unitern will drive the project toward completion while facilitating the supply of construction materials through the ARIS platform. The scope includes sales management, channel partner coordination, collections, and lender management. The promoter will retain visibility through a live DaaS dashboard.\n\nThe partnership highlights the scalability of Arisinfra's CATALYST module, designed for projects nearing completion. By integrating money, material, and management, Unitern aims to accelerate sales closure and create liquidity for developers and lenders. Srinivasan Gopalan, CEO of Arisinfra Solutions, said the platform accelerates sales and closure, directly benefiting both developers and their lending partners.\n\n## Transcon's Transformer Business\n\nTranscon is an India-based transformer manufacturer operating in the power infrastructure sector, according to [akta.pro company records](https://akta.pro/company-data). The company was acquired by Premier Energies, a solar manufacturing company, in October 2025 to integrate Transcon's transformer business into Premier's portfolio and enable entry into higher-value transformer segments aligned with India's renewable energy goals. Transcon is headquartered in Andheri, with a revenue estimate of $10 million-$25 million and a valuation estimate of $10 million-$50 million.\n\n## ArisUnitern Amalgamation Vote\n\nArisinfra Solutions will hold a secured creditors meeting on November 25, 2026, to seek approval for amalgamation with ArisUnitern RE Solutions Private Limited, ScanX reported. The meeting follows an NCLT order admitting the scheme, with remote e-voting from November 22 to 24.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}