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Puravankara’s arm receives LOI from M/s. Ranka Properties

05 Apr 2025 Evaluate

Puravankara’s material wholly owned subsidiary -- M/s. Starworth Infrastructure and Construction has received a Letter of Intent (LoI) from M/s. Ranka Properties for a Project -- Ranka Ankura. The execution of the agreement is in the process for Concrete and Blockwork Package for the said project. The value of contract is Rs 118.63 crore.

Puravankara is a leading real estate company in India, with a presence in Bengaluru, Kochi, Chennai, Coimbatore, Mangaluru, Hyderabad, Mysore, Mumbai and Pune.

Peers
Company Name CMP
Lodha Developers 1109.05
Prestige EstatesProj 1434.40
Dilip Buildcon 409.70
DLF 653.90
Oberoi Realty 1734.10
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