Puravankara Limited has started work on a new housing project in Bengaluru. A company from the Puravankara group has received a big building order worth Rs 509.5 crore. The company that will build the homes is Starworth Infrastructure and Construction Limited. Puravankara fully owns this company.

This new work increases the group’s building activity. It also shows that big developers trust Puravankara to handle important construction work.

Where Is the Project?

This project is part of Varnam Phase One, which comes under the One Bangalore Luxury Project. The project owner chose Starworth Infrastructure to manage the full building work.

The site is in the Devanahalli area of Bengaluru Rural District. This area is growing fast. Many families want to live here because it has open space and good planning. Builders choose this place because more people want homes here.

What will be built?

The group company will build luxury homes at this site. Workers will first build the main structure of the homes. After that, they will complete the inside work, like floors, doors, windows, and fittings.

The work also includes setting up water pipes, power lines, and safety systems. The team will also build roads, paths, and open areas around the homes. One team will take care of all the work from start to end. This kind of project is called a turnkey project.

The company plans to finish all the work in about 36 months, which means three years.

Why is this work important?

This project gives steady work to the group for the next few years. Big building jobs help companies plan better and keep workers busy. Regular work also helps the company grow slowly and safely.

The project also shows that people still want good homes in Bengaluru. Many families look for strong and well-made houses in good areas. Because of this need, builders continue to take up large housing projects.

How did investors react?

Investors watch company news carefully. When a company gets a big building job, investors often feel happy. Large projects show that the company has work planned for the future.

After this news, many investors showed interest in Puravankara. They saw this project as a sign of steady work and clear plans. Ongoing projects help companies manage money and prepare for future work.

About Puravankara and its Building Company

Puravankara Limited began its work in Bengaluru in 1975. Over time, the company expanded its building work to many cities in India.

The group handles major building work through Starworth Infrastructure and Construction Limited. This setup helps Puravankara manage quality, time, and cost better. The building company supports the group’s housing work and takes care of large projects.

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