The project is located at Survey Nos. 12 and 13, near Kundalahalli Metro Station in EPIP Area, Whitefield, Bengaluru.

The contract is an item-rate agreement with an estimated value of Rs 57.80 crore, excluding applicable taxes, duties and levies. The project is scheduled to be executed over a period of 20 months.

The company said the order has been awarded by a domestic entity and does not involve any related party transaction or promoter group interest.

Puravankara is engaged in the business of real estate development.

The company reported a consolidated net profit of Rs 59.34 crore in Q3 FY26 as a net loss of Rs 93.16 crore in Q3 FY25. Revenue from operations zoomed 236.1% year on year to Rs 1,069.31 crore in Q3 FY26.

Shares of Puravankara rose 0.12% to Rs 211.85 on the BSE.