Puravankara Unit Bags ₹211.53 Crore Residential Project from SBR Builders

Puravankara Limited announced that its wholly owned subsidiary, Starworth Infrastructure & Construction Limited, has received a Letter of Award from SBR Builders. The project is valued at ₹211.53 crore (₹211,53,00,000/-) and involves construction work for a residential project called “SBR Global Queen’s Ville.”

Project Details

The order includes core and shell construction along with finishing works. It has been classified as a residential building project and awarded by a domestic entity. The company said the execution will follow the schedule mentioned in the Letter of Award, but did not specify the duration or start date.

Nature of the Order

The ₹211.53 crore project will be executed by Starworth Infrastructure, which handles civil and structural works for housing and commercial projects. The order is domestic in nature and does not involve any international partners or related parties.

About Starworth Infrastructure

Starworth Infrastructure & Construction Limited is an unlisted, wholly owned subsidiary of Puravankara Limited. It manages construction and project work for both Puravankara’s developments and third-party clients. The company operates across different Indian cities and handles projects in the residential and commercial segments.

Relation with SBR Builders

Puravankara clarified that there is no promoter or group company interest in SBR Builders, the entity awarding the project. The transaction does not fall under related-party dealings and has been made independently at arm’s length.

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Puravankara Share Price Performance

As of October 27, 2025, 09:23 AM, Puravankara Ltd share price was trading at ₹282.20, a 0.53% increase from the previous closing price.

Conclusion

The ₹2.12 billion Letter of Award is a new addition to Starworth Infrastructure’s list of residential projects for FY 2025-26. Further updates on project execution will be provided as per the contract terms.

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