Joint Venture11 Nov 2025, 01:52 pm
Crest Ventures Ltd Enters MoU with Vensco Projects LLP for Joint Development of Chembur Project
AI Summary
Crest Ventures Limited has signed a Memorandum of Understanding (MoU) with Vensco Projects LLP on November 11, 2025, to jointly develop the Chembur Project. The project, which comprises approximately 11,000 sq. mtrs of land, will be developed under the Development Control and Promotion Regulations (DCPR) 2034, including applicable SRA Regulations. The MoU is a preliminary understanding between the parties and is subject to the execution of definitive agreements and receipt of necessary approvals. This disclosure is being made in the interest of transparency, and the company will keep the exchanges informed of further material developments.
Key Highlights
- Crest Ventures Ltd has entered into an MoU with Vensco Projects LLP for joint development of the Chembur Project.
- The project comprises approximately 11,000 sq. mtrs of land and will be developed under DCPR 2034 and SRA Regulations.
- The MoU is a preliminary understanding and is subject to definitive agreements and necessary approvals.
- The disclosure is being made in the interest of transparency.
- The company will keep the exchanges informed of further material developments.