Focus on healthcare projects is a conscious decision

30 Jan 2024 CW Team

An organisation with a legacy of over three decades, encompassing hundreds of projects in the commercial, industrial and residential space, Vascon Engineers recently bagged a redevelopment project. R Srinivasan spoke to Siddharth Vasudevan Moorthy, MD, Vascon Engineers, to find out if it could be done within 36 months. Also to what extent has its target of launching over 2 million square feet in real estate projects this year been fulfilled? Excerpts:

Vascon Engineers recently bagged a Rs.3.5 billion redevelopment project in Santacruz, Mumbai. Despite the complexities in such projects, what factors ensure that it is done within a tight timeline?
Vascon Engineers’ success in the project hinges on meticulous planning, experienced project management and adherence to tight timelines. Comprehensive planning, regulatory compliance and leveraging technology are key. A skilled workforce, efficient supply chain management and sound financial planning ensure smooth execution. Proactive community engagement prevents delays due to external factors. Rigorous quality control and continuous monitoring maintain construction standards and progress tracking. By addressing these factors, we try to navigate the complexities of redevelopment, delivering the project within the timeframe.

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Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..