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Bengaluru-based developer Puravankara Ltd's subsidiary, Starworth Infrastructure & Construction Ltd, has been awarded a contract worth INR 211.53 crore by SBR Builders for the construction of a new residential development. The project, named SBR Global Queen's Ville, involves core and shell construction along with finishing works. The company disclosed this development in a regulatory filing earlier this week, underscoring Puravankara's growing presence in India's residential real estate segment.
Puravankara Ltd, one of India's prominent real estate developers headquartered in Bengaluru, announced that its wholly-owned subsidiary, Starworth Infrastructure & Construction Ltd, had received a letter of award from SBR Builders earlier this week. The contract, valued at INR 211.53 crore, pertains to the construction of core and shell structures along with finishing works for a proposed residential project titled 'SBR Global Queen's Ville'. Advertisement
The company confirmed the development through a regulatory filing, stating that the agreement signifies another milestone in its ongoing expansion of construction services across key markets. Puravankara's subsidiary, Starworth Infrastructure & Construction Ltd, continues to strengthen its credentials as a preferred partner for large-scale residential and infrastructure projects nationwide.
The newly secured project highlights Puravankara Group's continued dominance in the Indian construction landscape, with Starworth Infrastructure & Construction Ltd playing a crucial role in driving the company's growth through strategic partnerships. By taking on the SBR Global Queen's Ville project, the company reinforces its commitment to quality execution and collaboration with reputed developers such as SBR Builders, further solidifying its position in the competitive residential development sector.
Source - PTI
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