Nesco Limited has announced the receipt of a Commencement Certificate (CC) for its Tower-2 and Hall-1 at the Nesco Center in Goregaon (East), Mumbai. This certificate, issued by the Brihanmumbai Municipal Corporation (BMC), signifies that the company can now proceed with the construction and development of these proposed projects. The CC is valid until October 29, 2027, paving the way for future revenue generation.
Commencement Certificate Secured for Nesco Center Developments
Nesco Limited has received a significant approval from the Brihanmumbai Municipal Corporation (BMC) in the form of a Commencement Certificate (CC). This certificate pertains to the construction of Tower-2 and Hall-1 located at the company’s Nesco Center in Goregaon (East), Mumbai. The issuance of this CC marks a crucial step forward, enabling Nesco Limited to commence the development works for these proposed projects.
Enabling Future Growth and Operations
With the receipt of the Commencement Certificate on October 30, 2026, Nesco Limited can now move ahead with its planned construction and development activities. This approval is vital for the execution of the company’s strategic projects at the Nesco Center. The validity of the CC extends until October 29, 2027, providing a defined period for the completion of these development phases and subsequently contributing to the company’s future revenue streams.
Source: BSE