Nesco gets BMC commencement certificate for Tower-2 and Hall-1 at Goregaon

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Blacklitt Research30 October 20262 min read

Nesco (NSE: NESCO) has received a Commencement Certificate from Brihanmumbai Municipal Corporation for Tower-2 and Hall-1 at Nesco Center, Goregaon (East), Mumbai, it said in a filing on 30 Oct 2026. The company says the certificate lets it proceed with the construction and development works of the projects.

The approval in detail

The Commencement Certificate, or CC, was issued by Brihanmumbai Municipal Corporation and covers Tower-2 and Hall-1 at Nesco Center in Goregaon (East). The company received it on 30 Oct 2026.

The company says the CC means it will now be able to proceed with the construction and development works of the proposed projects. The CC is valid up to 29 Oct 2027. The filing reports no withdrawal, cancellation or suspension of any licence or approval.

How the approval fits the company

Nesco's latest reported quarter, Q1 FY27 on a consolidated basis, shows total income of ₹255.40 crore and net profit of ₹99.96 crore. The approval is a permit to start works, and the filing does not link it to those results.

What the commencement certificate means for Nesco's shareholders

The filing reports a regulatory step for two buildings at one site, with a validity period that runs to 29 Oct 2027. It does not say what the floor area, cost or value of the projects is, when construction will start or finish, how it will be funded, or what effect it will have on revenue or results.

No further dated step is given in the filing beyond the CC's validity end date.

At a glance

Item	Detail
Issuing authority	Brihanmumbai Municipal Corporation
Approval	Commencement Certificate
Covers	Tower-2 and Hall-1, Nesco Center, Goregaon (East), Mumbai
Received on	30 Oct 2026
Valid up to	29 Oct 2027

Reference: Original filing (PDF)

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