MoneyWorks4Me

Puravankara’s arm bags LoI worth Rs 57.80 crore

13 May 2026 Evaluate

Puravankara’s wholly owned subsidiary -- M/s Starworth Infrastructure & Construction (SICL) has received a Letter of Intent (LoI) worth Rs 57.80 crore (plus applicable taxes, duties and levies) from Innmar Tourism and Hotels. The LoI is for the execution of civil, structure, waterproofing and allied works for Westin Hotel project - Survey No. 12,13, located beside Kundalahalli Metro Station, EPIP Area Whitefield Bangalore. The order is to be executed within 20 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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