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Puravankara's subsidiary secures a ₹1,750 Crore contract for civil works on Ritz Carlton Project in Chennai.

Aug 21, 2026

Contract Type

contract

BengaluruReal EstateReal Estate InvestmentHospitalityCommercial Real Estate

Description

Puravankara Limited announced that its subsidiary, Starworth Infrastructure & Construction Limited, has received a Letter of Intent from Red Connect Private Limited for civil and structural works on the Ritz Carlton Project in Chennai. The contract, valued at ₹1,750 Crore, emphasizes SICL’s capabilities in significant construction projects.

Company Information

Company

Puravankara Limited

Location

Bengaluru, Karnataka, India

About

Puravankara Limited (NSE: PURVA | BSE: 532891) is a prestigious real estate developer with a strong presence in Bengaluru, Mumbai, and Pune. The company is committed to delivering unparalleled luxury and iconic living spaces in coveted locations, and it focuses on the acquisition of marquee assets in the real estate markets of Mumbai and Pune.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.