Engineering, procurement, and construction, and realty company Vascon Engineers (NSE:VASCONEQ, BOM:533156) has launched a luxury residential project 'Vascon Orchids' in Mumbai, India, according to a Monday filing to the Indian stock exchanges.
The project has a total estimated gross development value (GDV) of 3 billion rupees for its units.
Vascon Orchids will comprise three wings featuring 62 units.
Shares of the company were down over 2% in recent trade.