Vascon Engineers Share Price in Focus; Receives ₹115.90 Crore Lotus Park Project Order in Ahmedabad

Vascon Engineers Limited has received a major construction order for the development of the Lotus Park project in Ahmedabad, strengthening its order book in the urban infrastructure segment. 

Project Order from Ahmedabad Municipal Corporation 

The company has been awarded a contract by the Ahmedabad Municipal Corporation (AMC) for the development of Lotus Park located in the South West Zone of Ahmedabad. The project will cover an area of 54,000 square metres. 

The total contract value stands at ₹115,90,28,904 (₹115.90 crore), excluding applicable taxes. 

Project Scope and Timeline 

The contract involves construction and development work related to the Lotus Park building project. The development is expected to contribute to urban infrastructure expansion within Ahmedabad’s municipal development framework. 

According to the project terms, the work is scheduled to be completed within 24 months from the date of issuance of the work order. 

Read More: H.G. Infra Engineering Wins ₹401.33 Crore Railway Infrastructure Project in Madhya Pradesh! 

Vascon Engineers Share Price Performance  

As of 12 March 2026, at 11:25 AM, Vascon Engineers Limited share price is trading at ₹34.42 per share, reflecting a decline of 0.56% from the previous closing price. Over the past month, the stock has declined by 15.95%. 

Conclusion 

The ₹115.90 crore Lotus Park development order from Ahmedabad Municipal Corporation adds to Vascon Engineers’ project pipeline and strengthens its presence in municipal infrastructure projects. 

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