Vascon Engineers Enters Mumbai with Rs 3 Billion Redevelopment Project

10 Mar 2025 CW Team

Vascon Engineers has forayed into Mumbai’s real estate market with ‘Vascon Orchids’, a luxury redevelopment project on Linking Road, Santacruz West. The project has an expected GDV of Rs 3 billion (bn). Commenting on this announcement, Siddharth Vasudevan Moorthy, Managing Director, Vascon Engineers, said, “Mumbai’s redevelopment landscape presents an extraordinary opportunity, driven by the urgent need to modernize aging infrastructure and revitalize its housing stock. With an estimated market valued at over Rs 300 bn, the redevelopment market offers immense potential for transformative growth. Mumbai aligns seamlessly with our vision of delivering premium, high-quality living spaces tailored for modern urban lifestyles. Backed by our expertise in both EPC and real estate development, a customer-first approach, and an unwavering commitment to excellence, we are poised to redefine luxury living. Vascon Orchids is set to be a landmark project, not only marking our strong entry into Mumbai but also contributing meaningfully to its ever- evolving skyline.” Featuring 2 & 3 BHK homes, Vascon Orchids offers curated amenities and seamless connectivity, setting a new benchmark in upscale residences.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

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Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..