Crest Ventures Limited (CREST) has entered into a Memorandum of Understanding (MoU) with Vensco Projects LLP on November 11, 2025, to jointly undertake the development of the Chembur Project. The key details are: The project involves amalgamated land parcels admeasuring approximately 11,000 sq. mtrs. The development is proposed under the Development Control and Promotion Regulations (DCPR) 2034, including applicable SRA Regulations. This MoU sets out a preliminary understanding and is subject to the execution of definitive agreements and receipt of requisite approvals.