The joint development project, Crest Golfshire, is spread across approximately 2.7 acres (11,000 sq. m) and is located directly opposite the historic Bombay Presidency Golf Course on Golf Course Road (GC Road), Chembur. With an estimated Gross Development Value (GDV) of approximately Rs 1,850 crore, the project is poised to become one of the most significant luxury residential addresses in Mumbai’s eastern suburbs. The luxury mixed-use development will unlock nearly five lakh square feet of saleable area and will feature 3 BHK and 4 BHK luxury residences. The units are designed to offer spacious, vastu-compliant layouts, with carpet areas ranging from approximately 1,042 sq. ft. (3 BHK) to 2,000 sq. ft. (4 BHK), positioning the development as an elite lifestyle destination in Chembur. Construction of the project has commenced, and the development is registered under MahaRERA (PR1181012501290), with targeted possession timelines aligned with market expectations.
In India, golf course–oriented residential addresses—most notably along Gurugram’s Golf Course Road—have consistently commanded premium pricing and witnessed sustained long-term demand from senior corporate leaders, expatriates, and high-net-worth individuals. Globally, developments such as Emirates Hills (Dubai), Wentworth Estates (London), Palm Beach (Florida), and Sentosa Cove (Singapore) are regarded as benchmarks of international luxury living. Crest Golfshire aims to bring this established global and national trend to Mumbai, positioning Chembur as its emerging epicentre.
Crest believes the project is well timed to benefit from Mumbai’s ongoing infrastructure-led transformation. Key initiatives such as the Atal Setu (Mumbai Trans Harbour Link), Mumbai Coastal Road, expanding metro network, Eastern Freeway, and improved connectivity to Navi Mumbai and the upcoming international airport are rapidly reshaping the city into a multi-nodal metropolitan region. Consequently, residential demand is increasingly shifting toward well-connected micro-markets that offer seamless access to multiple business districts.
Chembur, in particular, is emerging as a major beneficiary of this shift, supported by robust connectivity through the Santacruz–Chembur Link Road (SCLR), metro corridors, Eastern Freeway, and direct access to Navi Mumbai. Crest expects this connectivity-driven transformation to translate into sustained residential demand and long-term value appreciation for Crest Golfshire.
Currently, Crest has multiple residential developments underway across Mumbai and other parts of India, including Crest 4 Pali Hill and Crest Link in Bandra West, Crest Oaks in Andheri East, Crest Park in Jaipur, and Crest Greens – Phase 2 in Raipur. To date, the company has delivered over 10 million sq. ft. of residential, commercial, and mixed-use developments across major Indian cities and, in partnership with The Phoenix Mills Ltd., has developed marquee retail and mixed-use destinations across Chennai and other key markets.
