Arisinfra Secures Rs 75 Crore Material Supply Mandate for Wadhwa Wise City Expansion

Arisinfra Solutions Ltd has signed a Memorandum of Understanding (MoU) with Wadhwa Construction and Infrastructure Pvt Ltd for the next phase of the Wadhwa Wise City township in Panvel. The agreement adds Rs 750 million to Arisinfra’s project pipeline and is expected to generate material supply revenues over the next 36–40 months.

 

Key Highlights:

 

- Arisinfra will supply construction materials for seven new residential towers covering 1.2 million sq. ft. of built-up area.

- The project is part of the ongoing expansion of Wadhwa Wise City, a 250+ acre integrated township near the upcoming Navi Mumbai International Airport.

- The material supply contract is projected to contribute approximately Rs 75 crore in revenue to Arisinfra over the duration of the mandate.

 

Project Context:

- Wadhwa Wise City has already delivered over 3,000 homes and includes residential, commercial, educational, and spiritual infrastructure.

- The township is strategically located near the Panvel–Karjat suburban railway line and is part of the NAINA (Navi Mumbai Airport Influence Notified Area) development zone.

 

Strategic Outlook:

- Arisinfra’s Chairman Ronak Morbia emphasized the company’s role in solving supply chain gaps for large-scale developments.

- The partnership reinforces Arisinfra’s strategy of building long-term material supply relationships with top-tier developers.

- The deal is expected to strengthen Arisinfra’s visibility in the organized construction material supply space and support its pre-IPO growth narrative.

 

Sources: Business Upturn, Rediff MoneyWiz, Arisinfra Investor Disclosures, Wadhwa Group Project Website