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  • Expect Rs 750-800 per sq ft from the new project: Nitesh Estate

    Expect Rs 750-800 per sq ft from the new project: Nitesh Estate

    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.

  • To launch 3 new projects within Q4: Nitesh Estates

    To launch 3 new projects within Q4: Nitesh Estates

    According to Ashwini Kumar, COO, Nitesh Estates, although the commercial space has done extremely well, flat growth was seen in the mid-income space.

  • Will earn Rs 170cr from new residential proj: Nitesh Estate

    Will earn Rs 170cr from new residential proj: Nitesh Estate

    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.

  • Nitesh Estates up post clearance for 5-star hotel in B'lore

    Nitesh Estates up post clearance for 5-star hotel in B'lore

    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.

  • Bullish on Bangalore real estate mkt: Nitesh Estates

    Bullish on Bangalore real estate mkt: Nitesh Estates

    "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.

  • Bangalore project to earn Rs300cr revenue: Nitesh Estates

    Bangalore project to earn Rs300cr revenue: Nitesh Estates

    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.

  • Nitesh Estates inks JV pact in heart of Bengaluru

    Nitesh Estates inks JV pact in heart of Bengaluru

    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.

  • Bangalore mall to need Rs 350cr investment: Nitesh Estates

    Bangalore mall to need Rs 350cr investment: Nitesh Estates

    Ashwini Kumar, COO, Nitesh Estates says, right now, the number of projects that the company has under construction is nine.

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