Puravankara’s subsidiary, Starworth Infrastructure & Construction (SICL), has received a letter of intent (LoI) for the construction of the proposed residential project ‘Sattva AANGANE’ in East Taluk, Benagluru.
The project spans an approx. built-up area of 30,36,458 sq. ft.. The contract valued at Rs 311.18 crore, has been awarded by Sattva Resi, the entity behind the project.
The terms stipulate that SICL will be responsible for the construction of the residential development, which is expected to be completed within a time frame of 37 months.