Puravankara Limited’s wholly owned subsidiary, Starworth Infrastructure & Construction Ltd, has secured a residential construction contract valued at ₹311.18 crore for a project in Bengaluru. The contract has been awarded by Sattva Resi Private Limited and adds a sizeable project to the subsidiary’s existing order book.
The residential development will be located in the eastern part of Bengaluru and will be executed on an item rate basis. As per the contract details, the project will involve the construction of residential buildings with an estimated built-up area of approximately 3.04 million square feet. The execution period for the project is expected to be around 37 months from the commencement date.
The order is domestic in nature and does not involve any related party transactions. The scope of work primarily includes civil and structural construction activities for the residential development. The project is expected to be carried out in line with approved timelines and specifications as outlined in the agreement.
This contract win further strengthens Starworth Infrastructure & Construction Ltd’s presence in the Bengaluru residential construction market. Bengaluru continues to be one of India’s most active real estate markets, driven by steady housing demand, infrastructure development, and urban expansion. Large-scale residential projects remain a key focus for developers and construction companies operating in the city.
For Puravankara Limited, the project reflects continued business momentum through its construction arm. The addition of a ₹311 crore order provides medium-term revenue visibility for the subsidiary and supports ongoing execution capabilities in large residential developments. The company has been expanding its portfolio through a combination of residential development and construction contracts across major Indian cities.
The project award comes at a time when the residential real estate sector is witnessing stable demand across key urban markets. Developers are increasingly focusing on large, integrated housing projects to cater to end-user demand as well as long-term investment requirements.
With this latest contract, Starworth Infrastructure & Construction Ltd is expected to further consolidate its position as a key construction partner for large residential developments in Bengaluru, contributing to the steady growth of its construction order pipeline.
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