HomeNewsBusinessCompaniesNew launch in B'lore to earn Rs200cr income: Nitesh Estates

New launch in B'lore to earn Rs200cr income: Nitesh Estates

Nitesh Estates expects their newly launched luxury residential project in Bangalore to fetch revenues worth Rs 200 crore in the next three years.

November 25, 2011 / 17:07 IST
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Nitesh Estates expects their newly launched luxury residential project in Bangalore to fetch revenues worth Rs 200 crore in the next three years.

Ashwini Kumar, chief operating officer, Nitesh Estates speaking to CNBC-TV18 said, "This particular project is going to get us revenues of about Rs 200 crore spread over the next three years. We should be able to get around 42% EBITDA margin from this." Below is the edited transcript of Kumar
first published: Nov 25, 2011 03:45 pm

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