Vascon Engineers enters Mumbai market with ₹300-crore luxury project
Vascon Engineers Ltd has entered the Mumbai real estate market with the launch of ‘Vascon Orchids,’ a luxury residential redevelopment project in Santacruz West. The project has an expected Gross Development Value (GDV) of ₹300 crore.
Located on Linking Road, the development will feature three wings offering 62 units of 2 and 3 BHK homes. The project aims to capitalise on the estimated ₹30,000 crore redevelopment market in Mumbai.
“Mumbai’s redevelopment landscape presents an extraordinary opportunity,” said Siddharth Vasudevan Moorthy, Managing Director of Vascon Engineers Ltd. The company selected Linking Road for its reputation and strategic location near the upcoming metro station on SV Road and the Coastal Road Connector.
Vascon Orchids will include amenities such as a gymnasium, Bocce Ball, and Cornhole facilities at both the rooftop and ground levels.
Founded 39 years ago, Vascon Engineers has completed over 225 projects across more than 30 cities, developing approximately 45 million square feet of real estate. The company, now listed as a ‘Fortune Next 500’ firm, aims to focus on EPC projects and premium housing development.
