Aug 10, 2016 11:58 AM IST
Nitesh Estates have 18 projects in its portfolio, out of which 4 are at the handover stage, 8 are in construction and six are in the approval stage, says Ashwini Kumar, ED & COO of the company.
- Mar 10, 2016 02:48 PM IST
In an interview with CNBC-TV18, Ashwini Kumar, ED and COO of Nitesh said that margins worth Rs 750-800 per sq ft is expected from this project and the revenues from it will be recognized from the second quarter of FY17.
- Feb 11, 2016 09:16 AM IST
In an interview to CNBC-TV18, Ashwini Kumar, ED & COO of the company said Q4 sales are expected to be on same lines as Q3 and that there has been increase in revenue recognition in premium projects.
- Jan 13, 2015 01:25 PM IST
According to Ashwini Kumar, COO, Nitesh Estates, although the commercial space has done extremely well, flat growth was seen in the mid-income space.
- Aug 28, 2014 11:53 AM IST
The company‘s latest project, situated on Bangalore‘s Hosur Main Road, will comprise 262 residential units and will contribute to profitability over 36 months.
- Nov 13, 2013 03:59 PM IST
Ashwini Kumar, COO, Nitesh Estates spoke about the Q2 performance of the company sees revenue recognition at least for two projects in the next two quarters.
- Aug 06, 2013 01:52 PM IST
The pessimism is a little overdone in terms of the mid-income housing segment and consumer purchases of first time buyers. In the range of about Rs 50 lakhs to Rs 1.5 crore, there is still a lot of appetite at least in Bangalore
- Jul 19, 2013 04:10 PM IST
Shares of Nitesh Estates jumped nearly 5 percent on Friday after property development company obtained clearances to start operations at 'The Ritz- Carlton', Bangalore, the 5 star luxury hotel in the central business district.
- Jan 06, 2012 02:42 PM IST
"We launched a project towards the end of September and for that saw a very good response from the customers. So, we are pretty bullish on the Bangalore real estate market as of now," he said.
- Aug 23, 2011 02:30 PM IST
Nitesh Estates' new residential project situated near the IT hub of Bangalore is expected to fetch revenue of Rs 300 crore in the time span of next two-three years.
- May 31, 2011 01:13 PM IST
Ashwini Kumar, COO of Nitesh Estates tells CNBC-TV that though the quarter results are dismal, on a yearly basis, the company has made tremendous progress. “We now have 10 projects underway and have actually grown 58% in revenue terms to Rs 144 crore over the past year,” he says.
- Apr 11, 2011 11:20 AM IST
Nitesh Shetty, CMD, Nitesh Estates, in an interview on CNBC-TV18 elaborated on the company’s recent announcement of a joined development agreement on their Bangalore project.
- Mar 28, 2011 03:45 PM IST
Ashwini Kumar, COO, Nitesh Estates says, right now, the number of projects that the company has under construction is nine.