Puravankara Subsidiary Wins Commercial Project Worth Over ₹83.5 Crore in Bengaluru

Puravankara Limited has announced that its wholly owned subsidiary, Starworth Infrastructure & Construction Limited, has secured a major civil construction contract for a commercial project in Bengaluru. The project, titled “Luxon”, will be executed in the prominent Doddanekundi Industrial Area in Whitefield. This development highlights the group’s continued traction in South India’s commercial construction segment.

₹83.5 Crore Order for Luxon Commercial Project 

The contract has been awarded by M/s Krishil WhiteAlpha Private Limited and carries a total value of ₹83.51 crore. The scope of work includes the construction of civil works for a commercial building, and it is to be executed as per the specifications laid out in the Letter of Intent. The awarding entity is a domestic player, and the project does not involve any related party transactions. Neither Puravankara nor its promoter group has any shareholding interest in the client company.

The order marks a significant win for Starworth Infrastructure and adds to the company’s portfolio of commercial real estate projects in high-growth zones like Bengaluru.

About Puravankara 

Puravankara Limited is one of India’s leading listed real estate companies, with a presence across the residential and commercial segments. With a legacy spanning over four decades, the company operates under multiple brands, including Puravankara, Provident Housing and Purva Land. Its engineering arm, Starworth Infrastructure & Construction Limited, plays a crucial role in executing both internal and external projects across South India, further strengthening the group’s integrated capabilities in real estate development.

Also Read: Adani Infrastructure Takes Joint Control of PSP Projects With 34.41% Stake!

Puravankara Share Price Performance 

As of August 7, 2025, at 2:12 PM, Puravankara share price is trading at ₹270.75 per share, reflecting a decline of 2.57%. Over the past month, the stock has declined by 7.09%.

Conclusion

The ₹83.5 crore contract win in Bengaluru reinforces Puravankara Group’s growing execution pipeline in the commercial space. As urban infrastructure demand continues to rise, the group’s construction arm remains well-positioned to capitalise on high-value opportunities in key Indian cities.

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