Arisinfra Solutions Ltd has entered into a Memorandum of Understanding (MOU) with Wadhwa Construction and Infrastructure Pvt Ltd. The deal is to bring in construction material orders worth ₹75 crore. The supplies are linked to the next phase of development at Wadhwa Wise City in Panvel.
Under the agreement, Arisinfra will handle material supply for 7 residential towers. These towers will collectively span a built-up area of 1.2 million square feet. The supply is scheduled to take place over 36 to 40 months.
Wadhwa Wise City is a 250-acre township project located in Panvel. It includes residential towers, villas, commercial zones, retail spaces, educational institutions, and spiritual centres. More than 3,000 homes have already been completed as part of the earlier phases.
The township is situated near the upcoming Navi Mumbai International Airport. It is also close to the planned Panvel-Karjat suburban railway line. These infrastructure projects are expected to support the area’s growth and accessibility.
Arisinfra has been expanding its partnerships with real estate developers to establish long-term material supply arrangements. The company offers organised distribution for construction materials.
Arisinfra operates in the organised construction material supply space, offering end-to-end solutions for large-scale projects. It aims to address supply chain issues faced by developers through structured planning and consistent delivery.
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As of 10:03 AM on July 16, 2025, Arisinfra Solutions share price was trading at ₹163.70, a 0.42% increase.
The agreement with Wadhwa Construction adds to Arisinfra’s project pipeline and strengthens its presence in township developments. The material supply deal will be delivered in phases across a three-year period as part of the township’s next construction stage.
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Published on: Jul 16, 2025, 10:04 AM IST
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