Crest Ventures Ltd News
Crest Ventures forms JV for Mumbai realty project with ₹1,850 cr revenue
Mumbai-based Crest Ventures Ltd, which is into financial services and property businesses, has partnered with Vensco Projects Ltd to develop a real estate project in Mumbai with an estimated revenue of Rs 1,850 crore. The company's subsidiary, Crest Urban Living, has entered into a Joint Development Agreement (JDA) with Vensco Projects LLP for the development of a premium mixed-use project in Chembur, Mumbai. The project is spread across 11,000 square metre. In a statement on Saturday, Crest Ventures said the company will develop a luxury mixed-use residential project on this land parcel. The project will have an estimated sales value or Gross Development Value (GDV) of about Rs 1,850 crore, it added. The company did not disclose the investment to develop this project. The 2.5-acre project will have a total saleable area of nearly 5 Lakh square feet. Vijay Choraria, Managing Director, Crest Ventures, said, "Our upcoming project on Chembur's Golf Course Road represents a new chap
 "Crest Ventures forms JV for Mumbai realty project with ₹1,850 cr revenue")
Crest Ventures jumps 6% as board approves financial services biz demerger
Crest Ventures' board has approved a Scheme of Arrangement to demerge its financial services business into a separate company called Crest Capital and Investment
 "Crest Ventures jumps 6% as board approves financial services biz demerger")