Arisinfra Solutions (NSE:ARISINFRA, BOM:544419) subsidiary ArisUnitern RE Solutions, in partnership with Vaishnavi Residences, will launch a new real estate project, Arsh Greens, in Bengaluru, India, according to a company filing on Monday.
The project spans 4 acres with a total development area of 206,000 square feet and a gross development value of over 2 billion Indian rupees. It comprises 77 villa plots designed for 3 BHK units of around 2,600 square feet each, the filing said.
The launch is scheduled during the upcoming festive season beginning Dussehra. Construction is targeted for completion within 24 months to 30 months, with release orders for plots expected by the end of October 2025, it added.
Shares of the company fell over 1% in recent trade.