CCI Clears ONGC-NTPC Green’s $2.3B Ayana Deal

13 Mar 2025 CW Team

Vascon Engineers Ltd has officially marked its entry into Mumbai’s real estate market with the launch of ‘Vascon Orchids’, a luxury residential project located in Santacruz (West). Developed through a high-profile redevelopment project on Linking Road, the premium project boasts a total estimated Gross Development Value (GDV) of Rs 3 billion, reflecting its upscale positioning in the micro-market.

The project features 62 premium units offering 2 BHK and 3 BHK apartments spread across three residential wings. Residents will enjoy a wide range of amenities, including a Bocce Ball court, Cornhole game area, and a fully equipped gymnasium, among others. Strategically positioned, the site is situated within 500 meters of the Coastal Road Connector and the upcoming metro station on SV Road, enhancing its connectivity appeal.

Speaking about the project, Siddharth Vasudevan Moorthy, Managing Director of Vascon Engineers, stated, “Vascon Orchids will be a landmark project, and be instrumental in Mumbai’s evolving skyline.”

With an impressive track record of delivering over 225 projects across 30 cities, Vascon Engineers has established a substantial real estate portfolio exceeding 45 million square feet. Backed by nearly four decades of expertise in real estate development, the company is making a calculated move into Mumbai’s luxury housing segment through this ambitious launch.

As Vascon Engineers makes its Mumbai debut, the project is expected to attract significant attention from discerning buyers looking for premium living options in the bustling city.

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