Puravankara Limited has announced that its wholly-owned subsidiary, Starworth Infrastructure & Construction Limited, has secured a major construction contract for the residential project “SBR Global Queen’s Ville”. The project has been awarded by M/s SBR Builders and involves Core & Shell with Finishes works.
The total value of the contract is ₹211.53 crore, marking a significant order in the residential building segment. The contract will be executed as per the terms outlined in the Letter of Award, and it is fully domestic in nature.
Notably, there is no involvement of Puravankara’s promoter group or related entities in the awarding of this project, ensuring the deal is free from any related party transactions.
This order reinforces Puravankara’s presence in the residential construction sector and highlights its subsidiary’s strong execution capabilities.
