Puravankara's Starworth Lands ₹835 Crore Luxon Contract

Major commercial construction milestone in Bangalore's Whitefield industrial zone.

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Puravankara Subsidiary Secures ₹835 Crore Luxon Contract in Doddanekundi

Starworth Infrastructure and Construction Limited, a wholly-owned subsidiary of Puravankara Limited, has been awarded a ₹835.20 crore contract for the construction of 'Luxon', a commercial project in Bangalore's Doddanekundi Industrial Area, Whitefield. The contract was secured through a Letter of Indent from Krishil WhiteAlpha Private Limited.

This contract represents a significant expansion of Puravankara's construction services portfolio. The scope of the project includes civil construction works for the commercial development Luxon, located in the Doddanekundi Industrial Area, Whitefield, Bengaluru, Karnataka. The project is domestic in nature, with execution timeline as per the Letter of Indent.

The award underscores Starworth Infrastructure's capabilities in executing large-scale commercial construction projects. As a fully-owned subsidiary of Puravankara, Starworth brings the parent company's 50-year legacy of engineering excellence and project delivery expertise to this landmark development. With 50 years in real estate, Puravankara is known for its unwavering values, customer-centric approach, robust engineering, and transparent business operations.

Doddanekundi has emerged as a prime commercial hub in Bangalore, strategically located in Whitefield. The area is witnessing rapid infrastructure development, including the upcoming metro connectivity. A metro station under construction as of March 2025 is part of Phase 2A of the Blue Line of Namma Metro. This infrastructure development is expected to further boost commercial real estate growth in the region.

Puravankara disclosed this information in compliance with SEBI regulations. The contract demonstrates the company's strategic diversification into high-value construction contracts beyond its residential portfolio, strengthening its position as a comprehensive real estate and construction solutions provider.

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Reference & FAQ

What is the Luxon project?
Luxon is a commercial project in Bangalore's Doddanekundi Industrial Area, Whitefield, for which Starworth Infrastructure has been awarded a ₹835.20 crore construction contract.
Who is Starworth Infrastructure?
Starworth Infrastructure and Construction Limited is a wholly-owned subsidiary of Puravankara Limited.
What does the contract scope include?
The scope includes civil construction works for the commercial development Luxon, located in the Doddanekundi Industrial Area, Whitefield, Bengaluru, Karnataka.
Why is Doddanekundi a good commercial location?
Doddanekundi is strategically located in Whitefield, Bangalore's premium commercial hub. The area benefits from existing IT industry presence and upcoming metro connectivity on the Blue Line, improving accessibility and commercial viability.
How long has Puravankara been in real estate?
Puravankara has 50 years in real estate and is known for its unwavering values, customer-centric approach, robust engineering, and transparent business operations.
Is this contract part of Puravankara's residential projects?
No, this is a construction contract for a third-party commercial developer. The contract was secured through a Letter of Indent from Krishil WhiteAlpha Private Limited. It showcases Puravankara's construction services capabilities beyond its own residential portfolio.
When will the Luxon project be completed?
The project execution timeline is as per the Letter of Indent. Specific completion dates have not been disclosed publicly.
What is the significance of this contract for Puravankara?
This ₹835.20 crore contract demonstrates Puravankara's diversification into high-value construction services, leveraging its engineering expertise and project delivery capabilities. It strengthens the company's position as a comprehensive real estate and construction solutions provider.

Presented for informational reference only; not an offer or a contract. All particulars — pricing, dimensions, imagery — are subject to change without notice. Independent verification is recommended before deciding. About · Projects