Starworth Infrastructure Secures ₹311.18 Cr EPC Contract for Sattva AANGANE Residential Project, Bengaluru
Major Contract Win for Puravankara's Construction Arm
Starworth Infrastructure & Construction Limited (SICL), the wholly-owned subsidiary of Puravankara Limited, received a Letter of Intent on January 13, 2026 for a ₹311.18 crore residential construction contract. The project, Sattva AANGANE, is located in East Taluk, Bangalore and developed by Sattva Resi Pvt Ltd.
Contract Scope and Execution Timeline
The domestic item rate contract covers 30,36,458 square feet of built-up area with a 37-month execution timeline. The contract was awarded by M/s. Sattva Resi Private Limited with no related party transaction implications.
This follows another ₹211.53 crore order received in October, strengthening the subsidiary's order book. The consecutive contract wins underscore Starworth's growing presence in the large-format residential construction segment in India's key metro markets.
Project Location and Market Context
The project is located in East Taluk, Bangalore - 560049, positioning it in one of the city's developing residential corridors. The Budigere-Mandur corridor has emerged as an important residential micro-market with significant long-term potential, continuing to benefit from growing social infrastructure and demand from technology professionals working in Whitefield and nearby office districts.
The project site offers connectivity to Whitefield, KR Puram, ITPL, Outer Ring Road and Kempegowda International Airport through Old Madras Road. The newly acquired land parcel is located near the Whitefield–Kadugodi micro-market, one of Bengaluru's fastest-evolving residential and commercial zones.
Puravankara's Expanding Construction Portfolio
Puravankara Limited has been shaping Bengaluru's real estate landscape for over 50 years. Since 1975, they have earned a reputation for delivering quality homes, honouring their commitments, and ensuring projects are completed properly.
The company expanded its portfolio significantly during 9MFY26, adding over 12.76 million square feet of developable area worth ₹13,900.00 crores GDV through strategic acquisitions across Bengaluru and Mumbai. Key acquisitions include projects in Anekal Taluka, Malabar Hill, Chembur, and North Bengaluru.
With the latest land acquisitions, Puravankara's total developable land bank in Bengaluru now stands at approximately 25.61 million square feet. The Sattva AANGANE contract represents a key revenue stream for Starworth through third-party EPC mandates, complementing Puravankara's own residential development pipeline.
Sattva AANGANE Project Details
Sattva Aangane is a 10-acre residential project in East Bangalore featuring G+35 floor towers and 80% open greenery. The master community design features four grand residential towers standing 35 stories tall. The property features a massive 60,000 square foot designer clubhouse packed with premium features.
Luxury 2 BHK homes start at a baseline value of ₹1.20 crores. The project is expected for completion on December 31, 2031.