Vascon Engineers Secures ₹310.89 Cr Orders for Commercial & Ropeway Projects

Vascon Engineers Ltd has secured two major contracts totaling ₹310.89 crore. The company has received an ₹85.43 crore order from Yucca Promoters LLP for the construction of a commercial building in Pune, to be executed on a lumpsum basis within three years.
In a significant boost to its infrastructure portfolio, the company also won a ₹225.46 crore ropeway project in Goa, awarded by Royal Rides Pvt Ltd. The scope of work includes constructing two terminal buildings, a ropeway tower foundation, and related site development in Panaji and Reis Magos. The project will be executed on a ‘design and build’ basis, with a completion timeline of 36 months from the Letter of Intent.
Earlier in March, Vascon announced the launch of ‘Vascon Orchids’, a premium residential redevelopment project in Santacruz (West), Mumbai, located on Linking Road. The project marks the company’s entry into the Mumbai real estate market, with an estimated Gross Development Value (GDV) of ₹300 crore.