Vascon Engineers Targets Rs 25 Bn Real Estate Projects by FY27

19 Sep 2025 CW Team

Vascon Engineers has unveiled its growth strategy with plans to achieve a Rs 40 billion EPC order book and launch real estate projects worth Rs 25 billion by FY2027. The company is strengthening its presence across key markets, driven by a balanced portfolio of government EPC contracts, private projects, and real estate developments.

Vascon currently operates in 13 cities with a 75:25 government-private EPC order ratio. Its current order book stands at nearly Rs 30 billion, including major projects such as Rs 6.06 billion medical college in Bihar, the Rs 4.16 billion Capgemini IT Park in Chennai, and the Rs 2.60 billion Vedanta Township.

In Pune, the company is executing significant EPC projects including the Rs 2.62 billion Pune Police Staff Quarters and a Rs 2.77 billion hospital at Moshi. On the real state front, it is undertaking residential projects worth Rs 17–20 billion under joint venture models.

In Mumbai, Vascon is pursuing a redevelopment-led growth strategy with projects in Santacruz and Powai, together expected to generate around Rs 10.50 billion in sales.

The company’s near-term real estate pipeline totals 1.94 million sq ft with an estimated sales value of Rs 23.60 billion. EPC operations are currently running at 85 per cent capacity utilisation, supported by strong execution and steady order inflows.

Siddharth Vasudevan Moorthy, Managing Director, Vascon Engineers, said, “Vascon Engineers’ strength lies in balancing our EPC and real estate businesses across key geographies. With a healthy pipeline in Pune and Mumbai, and an EPC order book of nearly Rs 30 billion targeting an additional Rs 20 billion this year, we are on a clear growth trajectory.”

News source: Construction Week

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..