NBR Developers
Citiescities-arrow
  • more-arrow-down
    • Please wait while loading other cities loading...

45 Percentage stake in Nitesh realty by JP Morgan Global Fund

  • No. 1 Property Portal in India
  • Over 25 Lakhs Apartments and More
  • Post Free Residential Properties in India
  • Find Property in Bangalore
  • Buy/Sell/Rent Apartments in India
  • Search Latest Residential Property in India
  • Get Free Alerts on Property Requirements
  • Find Agents/Buyers for your Property
mobile-ad
Despite many controversial ups and down in real estate market there are many still waiting for their cake of realty. According to the sources of www.propertykhazana.com renowned financial magnet J P Morgan global fund is grabbing a share of 45% at the realty firm of Nitesh Estate which will be approximately 40 million US dollar – Rs 204 crore. It obviously a daring step by the company during this slow pace of realty sale units. Nitesh estate is a Banglore based both commercial and residential builder currently will be attending three projects at the locations of Bangalore and Chennai which will extend to a total of 4 million square fit of area. Deal is yet to get finalize between both the teams that will carry up to five years of duration. The raise money will be immediately put on to the ongoing sites of Chennai and Bangalore for its final touch so that it can move to the other undertaken constructions as added by senior team of the company.
But no comment can be recorded from the chief of the financial officer MA Venkateshan of the realty firm as he refused for any dialogues regarding the future plans of the company. It is known to very few that the Nitesh estate is the first to raise the largest private equity capital for its various projects in India. Another credit for the Nitesh estate is that the company is building the first Ritz Carlton Hotel in Bangalore. It will be mega spacious project with 277 rooms for the accommodations with an investment of 125 million US dollar. Construction is on the fast track of its completion and expected to open for the guest by the first quarter of the next financial year. Another one will be at Chennai which is under core scrutiny team of the Nitesh Estate.
Source: NIMMA BENGALURU

Property Listings

Apartments, Flats and Property for Sale in Bangalore

Jun 09, 2017
BREN brings to you unparalleled comfort combined with a lifestyle that embraces modern trends while providing a quality experience. Total Plot..
Jun 09, 2017
Finding a new and never-before living experience has never been so easy. Sri Guru BR Elite presents an expansive array of living options at one of..
Jun 08, 2017
Bren Woods is located in Bangalore and comprises of thoughtfully built Residential Apartments. The project is located at a prime address in the..
Jun 06, 2017
Shriram Summitt, set on 15 acres, offers 1, 2 & 3 BHK units in various sizes. 1 BHK units range from 720 to 780 sq.ft, 2 BHK units from..
Jun 05, 2017
Greetings from the “SHIVA SKANDA RESIDENCY ”!!! Introducing '' SHIVA SKANDA RESIDENCY '' BBMP approved well planned 2&3..
Jun 05, 2017
Vaishnavi Builders, you experience the magic of spaces designed holistically. Each and every element exemplifies a profound understanding of your..
Jun 04, 2017
Greetings from the Grand Gandhrava Apartments Grand Gandharva Luxurues 2 & 3 Bedroom Builder floor Apartments. Located Next to Gopalan..
Jun 04, 2017
Greetings from the Grand Gandhrava Apartments Grand Gandharva Luxurues 2 & 3 Bedroom Builder floor Apartments. Located Next to..
Jun 04, 2017
Discover the Joy of Living in an Environment that’s Sustainable for Ever A Star is Born - Welcome to the Asset Northern Star! Presenting..
spacer

Apartments, Flats and Property for Rent in Bangalore

May 16, 2017
Spread over 6.9 acres of land and comprising of 3 Blocks, SOBHA CLASSIC is strategically located off Sarjapur Road, Bangalore and offers close..
May 15, 2017
Flat for rent in Haralur Road near Kudlu(AECS Layout). East facing 2BHK (1235sq.ft) flat for rent. It is situated on the main road(Haralur Road)..
Apr 23, 2017
As my office is far from Flat, planning to..
Apr 21, 2017
New Era Luxury Hostels for Girls , accommodation for every budget • Brand New building • Spacious and well ventilated..
Apr 19, 2017
2BHK apt for rent, ground floor, car parking, power backup, arkere BPL bus stop, next to Mitra Academy school, Bannerghatta main road, available..
Mar 31, 2017
LEASE OR RENT Near Manyath tech park brand new 2b/r multistory apartment with swimming pool, gym party hall, power backup, car..
Dec 23, 2016
MY 2 BHK SEMI FURNISHED FLAT AT AJMERA INFINITY ( 11 FLOOR, FRONT FACING,GOOD VIEW ) WILL BE AVAILABLE FOR RENT FROM 01 FEB 2017 ONWARDS. IF..
Dec 04, 2016
A safe secure society of defence officers, with clean air and environment. With facilities like, gym, pool, ATM, parking, etc near the..
Sep 30, 2016
Rent - 2 BHK Flat In Kaggadasapura. Available 2 BHK Flat for Rent in..
Sep 30, 2016
Rent - 2 BHK Flat In Kaggadasapura. Available 2 BHK Flat for Rent in..
spacer
spacer
spacer
spacer
spacer