New Launch17 Mar 2026, 11:20 am
Puravankara's Subsidiary, Starworth Infrastructure, Receives Letter of Intent for Construction Project Worth INR 280.35 Crores
AI Summary
Puravankara Ltd's wholly owned subsidiary, Starworth Infrastructure & Construction Limited (SICL), has received a Letter of Intent for the construction of Ruby Block (Academic Block) Phase — | at VIT, Vellore Campus, Vellore — 632014. The project is valued at INR 280.35 Crores (Rupees Two Hundred and Eighty Crores and Thirty-Five Lakhs only) excluding GST.
Key Highlights
- Puravankara's subsidiary, Starworth Infrastructure & Construction Limited, received a Letter of Intent for a construction project.
- The project is for the Ruby Block (Academic Block) Phase — | at VIT, Vellore Campus, Vellore — 632014.
- The project is worth INR 280.35 Crores (Rupees Two Hundred and Eighty Crores and Thirty-Five Lakhs only) excluding GST.
- The project is expected to be executed within 24 months.
- This development is a significant move for Puravankara Ltd in the construction sector.