Vascon Engineers Targets Rs 300 Crore Revenue With New Mumbai Housing Project

Vascon Engineers Ltd expects Rs 300 crore in revenue from its new housing project in Mumbai. The company is in EPC (engineering, procurement and construction) and real estate businesses.

In a regulatory filing on Monday, Vascon Engineers said it has entered into the Mumbai market with the launch of 'Vascon Orchids', a luxury residential project through a redevelopment initiative on Linking Road in Santacruz West.

"The project has a total expected Gross Development Value of Rs 300 crore of our sell units," it added.

Pune-based Vascon has delivered more than 225 projects across over 30 cities and 45 million sq ft of real estate projects.