Vijay Choraria, Managing Director of Crest Ventures Limited, outlines plans for the Crest Golfshire development opposite the Bombay Presidency Golf Course
Mumbai, January 15, 2026: A new luxury residential development is set to redefine Chembur’s real estate landscape following a joint development agreement between Crest Ventures Limited and Vensco Group. The partnership will be executed through Crest Urban Living Private Limited, a wholly owned subsidiary of Crest Ventures Limited, and will result in a golf course-facing luxury mixed-use project titled Crest Golfshire.
Spread across approximately 2.7 acres, the development is located directly opposite the Bombay Presidency Golf Course on Golf Course Road in Chembur. With an estimated gross development value of around ₹1,850 crore, the project is positioned among the most significant upcoming luxury residential developments in Mumbai’s eastern suburbs.
Crest Golfshire is planned to unlock close to five lakh square feet of saleable area and will comprise premium three and four bedroom residences. The homes are designed with vastu-aligned layouts and generous carpet areas ranging from approximately 1,042 square feet for three bedroom units to nearly 2,000 square feet for four bedroom residences. Construction has commenced, and the project is registered under MahaRERA, with possession timelines aligned to prevailing market expectations.
The development is envisioned as a gated community offering uninterrupted green views of the adjoining golf course, a feature that remains rare in Mumbai’s luxury housing segment. Planned amenities include a fully equipped gymnasium, sky lounge, clubhouse, landscaped open spaces, children’s play areas, and advanced security systems, aimed at creating a nature-integrated living environment within an urban setting.
Commenting on the project, Vijay Choraria, Managing Director of Crest Ventures Limited, said the Chembur development represents an opportunity to unlock the potential of a rare golf course-facing parcel in the city. He noted that the combination of permanent green views, improving connectivity, and strong social infrastructure positions the project as a defining address in Mumbai’s evolving luxury residential market beyond traditional hubs such as South Mumbai and Worli.
Golf course-oriented residential developments in India, particularly along Gurugram’s Golf Course Road, have historically attracted sustained demand from senior corporate professionals, expatriates, and high-net-worth individuals. Internationally, similar developments in Dubai, London, Florida, and Singapore are regarded as established benchmarks of luxury living. Crest Golfshire aims to introduce this residential format to Mumbai, positioning Chembur as a new focal point for such developments.
The project is expected to benefit from Mumbai’s ongoing infrastructure-led transformation, including improved road networks, metro expansion, and enhanced connectivity to Navi Mumbai and the upcoming international airport. Chembur’s access via the Santacruz–Chembur Link Road, Eastern Freeway, and metro corridors has already contributed to its growing appeal as a residential micro-market.
Crest Ventures Limited currently has multiple residential projects underway across Mumbai and other cities, including developments in Bandra West, Andheri East, Jaipur, and Raipur. To date, the company has delivered over 10 million square feet of residential, commercial, and mixed-use developments across India and has partnered with The Phoenix Mills Limited on marquee retail and mixed-use destinations in key markets.
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