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Puravankara’s arm receives LoA worth Rs 509.52 crore

11 Dec 2025 Evaluate

Puravankara’ wholly owned subsidiary -- Starworth Infrastructure & Construction (SICL) has received a Letter of Acceptance (LoA) worth Rs 509.52 crore from One Bangalore Luxury Projects LLP. The LoA is for the construction of turnkey civil, finishes, MEP, external development for Varnam Phase1 at One Bangalore Luxury Project (OBLP) situated at Akalehahalli-Mallenhalli Village, Kasaba Hobli, Devanahalli Taluk, Bengaluru Rural District, Karnataka. The order is to be executed within 36 months.

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 1085.80
Prestige EstatesProj 1427.85
Dilip Buildcon 405.85
DLF 623.00
Oberoi Realty 1710.20
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