Crest Ventures Limited (NSE: CREST), through its wholly owned subsidiary Crest Urban Living Pvt. Ltd., has announced a strategic partnership with Vensco Group to develop Crest Golfshire, a luxury mixed‑use residential project opposite the historic Bombay Presidency Golf Course in Chembur.
Spread across 2.7 acres, the development will unlock nearly five lakh sq. ft. of saleable area, featuring spacious 3 BHK and 4 BHK homes with vastu‑aligned layouts ranging from 1,042 sq. ft. to 2,000 sq. ft. Designed to international standards, Crest Golfshire will offer permanent green views, landscaped gardens, a designer sky lounge, clubhouse, gymnasium, kids’ play area, and advanced security systems.
With an estimated Gross Development Value (GDV) of ₹1,850 crore, Crest Golfshire is positioned as a defining address for Mumbai’s eastern suburbs. The project is registered under MahaRERA (PR1181012501290) and construction has already commenced, with possession timelines aligned to market expectations.
Commenting on the launch, Mr. Vijay Choraria, Managing Director, Crest Ventures Limited, said: “This joint development represents a new chapter in Mumbai’s luxury housing evolution. Chembur’s Golf Course Road offers rare permanent green views, strong social infrastructure, and exceptional connectivity, making Crest Golfshire a benchmark for golf course living in the city.”
Golf course–oriented residences have consistently commanded premium pricing in India, most notably along Gurugram’s Golf Course Road, and globally in destinations such as Dubai’s Emirates Hills and London’s Wentworth Estates. Crest Golfshire aims to bring this established trend to Mumbai, positioning Chembur as an emerging epicentre of luxury living.
The project is well‑timed to benefit from Mumbai’s infrastructure boom, including the Atal Setu (Mumbai Trans Harbour Link), Coastal Road, metro expansion, Eastern Freeway, and upcoming Navi Mumbai International Airport. Chembur’s connectivity through the SCLR, metro corridors, and freeway access is expected to drive sustained demand and long‑term value appreciation.
Crest Ventures continues to expand its footprint with projects across Mumbai, Jaipur, and Raipur, having delivered over 10 million sq. ft. of residential, commercial, and mixed‑use developments nationwide.
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