Vascon Engineers Wins Rs 1.61 billion Mumbai Redevelopment Deal

14 Oct 2025 CW Team

Vascon Engineers Limited has secured a Rs 1.61 billion order for the redevelopment of a residential housing society located in Santacruz, Mumbai. The project has been awarded to the company’s engineering, procurement, and construction (EPC) division.

The scope of work includes civil construction and redevelopment of the housing society, with the contract expected to be completed within 36 months from the commencement date. The agreement reinforces Vascon’s growing presence in Mumbai’s redevelopment sector, which has seen increasing traction amid renewed housing demand in the city’s suburban areas.

Vascon Engineers has a diverse portfolio across residential, commercial, industrial, and institutional projects, with a strong focus on design-build and turnkey solutions. The latest order further enhances its order book and aligns with its strategy to expand in Maharashtra’s urban redevelopment market.

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