Lot of appetite in mid-income housing: Nitesh Estates

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

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

"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

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.

Dismal quarter, but robust year: Nitesh Estates

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.

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

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