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Nitesh Estates

Properties in Richmond Town observe 25% value appreciation

Properties in Richmond Town observe 25% value appreciation
Bangalore- Properties in Richmond Town, located in the heart of the city, have observed over 25 percent capital appreciation in the last two quarters. In the first quarter of 2012, the area had witnessed Rs 7,500 per sq ft approximately. By the third quarter of the prevailing calendar year, the rate increased to Rs 9,000 [...] Continue Reading »

Valmark Group: Developing real estate in Bangalore

Valmark Group: Developing real estate in Bangalore
Valmark Group, established in 2007, is a Bangalore based real estate developer, who has been able to create a name for itself in the realty sector. Valmark stands for ‘valuable landmarks’ and the group boasts of highly skilled and motivated professionals who strive to achieve excellence. The group has completed many projects which include the [...] Continue Reading »

Retail reforms boost retail segment of big real estate firms

Retail reforms boost retail segment of big real estate firms
The recently announced retail reforms seem much needed aide for India’s biggest real estate firms such as Unitech, DLF, Oberoi Realty and Nitesh Estates.  All these firms’ retail segment plans have been crumbling in the recent past and now hope resurfaces with the proposed reforms. DLF, the country’s largest real estate company, is already planning [...] Continue Reading »

Bangalore to house 20 new luxury hotels in 3 years

Bangalore to house 20 new luxury hotels in 3 years
With the developers betting big on the hospitality sector, Bangalore will house 20 new luxury hotels within the next three years. After three lackluster fiscals, Bangalore’s hospitality area is all set for a bounce back encouraged by the upturn in the commercial realty segment, and with occupancy levels for luxury hotels rising to 65%, Bangalore-based [...] Continue Reading »

Nitesh Estates launched a new villa project in Bangalore

Nitesh Estates launched a new villa project in Bangalore
The Bangalore-based real estate developer Nitesh Estates has announced the launch of an Rs 425-crore villa project in North Bangalore. The project in Bangalore, named Nitesh Napa Valley, will house 133 exclusively designed villas in unit sizes between 2,712 sq ft and 5,342 sq ft. According to the company’s press release, the developer plans to [...] Continue Reading »

Villas launched in Goa by Nitesh Estate

Villas launched in Goa by Nitesh Estate
Nitesh Fisher Island, a high-end villa project in Goa, has been launched by Nitesh Estates. The project will be constructed over 9.3 acres and comprises 36 high-end villas. The project is expected to be completed in the next two to three years and will cost around Rs 300 crore. Each villa is priced between Rs [...] Continue Reading »

Indian real estate has not lost faith yet

Indian real estate has not lost faith yet
Hats off to real estate companies in India! Midst falling share prices and challenging business environment, real estate promoters still hold three percent of share in realty market. Shareholding has witnessed a continuous raise from 67.66 per cent to 70.16 per cent since march. This data was collected by entities like; Nitesh Estates, Peninsula Land, [...] Continue Reading »