Vascon Engineers Debuts in Mumbai with ‘Vascon Orchids’ on Linking Road

12 Mar 2025 CW Team

Marking its entry into Mumbai’s luxury residential market, Vascon Engineers has unveiled ‘Vascon Orchids’, a premium redevelopment project located on Linking Road, Santacruz West. With a legacy spanning 39 years, Vascon has successfully delivered 225+ projects across 30+ cities, covering 45+ million sq. ft. of real estate development.

The project boasts a Gross Development Value (GDV) of Rs 3 billion and is strategically positioned to capitalise on Mumbai’s growing demand for modern, high-end living spaces.

Transforming Mumbai’s Redevelopment Landscape Commenting on the launch, Siddharth Vasudevan Moorthy, MD, Vascon Engineers, highlighted the immense potential of Mumbai’s Rs 300 billion redevelopment market, stating: "Mumbai’s redevelopment landscape presents an extraordinary opportunity to modernise aging infrastructure and revitalise housing stock. Vascon Orchids is set to be a landmark project, not just marking our strong entry into Mumbai, but also contributing meaningfully to its ever-evolving skyline."

‘High-Street Living’ in Santacruz West Situated in Shastri Nagar, Santacruz West, Vascon Orchids is designed around the concept of ‘high-street living’. The project comprises three wings, featuring 2 & 3 BHK homes, with 62 premium residences available for sale. Residents will enjoy a curated selection of rooftop and ground-level amenities, including a Bocce Ball court, Cornhole, a fully equipped gymnasium, and more, ensuring an elevated lifestyle experience. With Linking Road’s vibrant retail and commercial ecosystem at its doorstep, Vascon Orchids promises to redefine luxury urban living in Mumbai.

Infrastructure Urban

03 Apr 2026

Centre Disburses Over Rs 24,610 mn in XV Finance Commission Grants

The Union Government has released XV Finance Commission tied grants during the financial year 2025–26 to rural local bodies in Chhattisgarh, Gujarat, Madhya Pradesh, Punjab and Sikkim and has released withheld portions of tied and untied grants to Himachal Pradesh, Odisha and Tripura. The total disbursal exceeded Rs 24,610 mn, with figures expressed in million (mn) thereafter. The releases cover allocations pertaining to different financial years and aim to strengthen rural local governance. State-wise disbursements included Rs 3,324.6 mn for Punjab, Rs 9,432.7 mn for Madhya Pradesh, Rs 3,47..

Centre Releases Over Rs 15 bn as XV FC Grants to Rural Bodies

The Union Government has released over Rs 15 bn in grants recommended by the Fifteenth Finance Commission (XV FC) to strengthen Panchayati Raj Institutions (PRIs) and Rural Local Bodies (RLBs) in six states. The funds comprise tied and untied grants disbursed in FY 2025–26. Telangana received Rs 2.48 bn as the first instalment of untied grants for FY 2025–26, benefitting 12600 Gram Panchayats (GPs). Uttarakhand received Rs 913.1 mn as the second instalment and an additional Rs 18.4 mn of a withheld first instalment was released to a further 216 GPs. Mizoram is included among beneficiary st..

Government Assures Fuel Supplies And Seafarer Safety Amid West Asia Developments

The Government of India has stepped up coordinated measures to maintain stability in critical sectors as developments in West Asia continue to unfold. It has prioritised uninterrupted energy supplies, safeguarded maritime operations and extended consular assistance to nationals. Central authorities are working with State and Union territory administrations to ensure timely information dissemination and operational continuity. Refineries are reported to be operating at high capacity with adequate inventories of petrol and diesel, and domestic LPG production has been increased to support consump..