MoneyWorks4Me

Puravankara’s arm bags LoI worth Rs 144.45 crore from NPS Developers

30 Apr 2026 Evaluate

Puravankara’s wholly owned subsidiary -- M/s Starworth Infrastructure & Construction (SICL) has received a Letter of Intent (LoI) worth around Rs 144.45 crore (excluding GST and Labour Cess) from NPS Developers. The LoI is for the execution of civil, structure, waterproofing, finishes and allied works for residential project - Nature’s Nest located at Chinnagenahalli, Doddabanahalli, Bangalore, Karnataka. The contract is to be executed within 28 months.

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

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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