Crest Ventures Signs MOU With Vensco Projects for Strategic Chembur Development

Crest Ventures Expands Mumbai Footprint With Chembur Real Estate Tie-Up  
In a regulatory filing with the National Stock Exchange (NSE), Crest Ventures Ltd announced its strategic partnership with Vensco Projects through a signed Memorandum of Understanding (MOU). The agreement outlines joint development plans for a real estate project in Chembur, a rapidly evolving suburb in eastern Mumbai known for its connectivity and residential demand.

The move aligns with Crest Ventures’ broader strategy to diversify its real estate portfolio and deepen its presence in high-growth urban zones. Vensco Projects brings operational strength and local execution experience, while Crest contributes financial structuring and strategic oversight. The Chembur project is expected to cater to mid-to-premium housing segments, leveraging the area’s infrastructure upgrades and metro access.

Key highlights

• Crest Ventures signs MOU with Vensco Projects for Chembur development
• Project located in Mumbai’s eastern suburb with rising residential demand
• Partnership combines financial and execution strengths for joint development
• Disclosure made via NSE under Regulation 30 of SEBI LODR guidelines

Sources: NSE India, Crest Ventures Ltd Corporate Filings, Business Standard, Moneycontrol, Economic Times Real Estate