Nitesh Estates has signed up a Joint Development Agreement (JDA) for a new residential project which will have 262 residential Units. The project located at prime Hosur Main Road will have easy access to the Electronic City, Outer Ring Road and Major office complexes.
The project will give total revenue of Rs 170 crore to the company and will contribute to the profitability over the 36 months. The project will be launched shortly.
Nitesh Estates is a leading integrated property development company headquartered in Bangalore. The company provides world-class products and services and has presence across four asset class - Homes, Hotels, Office Buildings, and Shopping Malls.