Vascon Engineers Ltd, a leading real estate and EPC player, has opened a new office in Mumbai as its strategic foray into the city's luxury segment. The move is a part of the company's strategy to expand its real estate business in major markets such as Pune, Mumbai, and Coimbatore. Vascon has already bagged major projects in Mumbai, such as a ₹350 crore redevelopment project in Santacruz. The firm wants to tap into Mumbai's massive redevelopment opportunities worth over ₹30,000 crore.
Source: The Print, CNBC TV18