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

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