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Nitesh Estates’ arm signs JDA for residential project in Bangalore

02 Mar 2016 Evaluate

Nitesh Estates’ wholly owned subsidiary has signed a Joint Development Agreement (JDA) for a residential project on a plot of land measuring around 5 acres. The project is located in Yelahanka, North Bangalore. The new project too will be a residential development and is expected to generate revenue of Rs175 crore over the next four years for the Company.

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.

Peers
Company Name CMP
Lodha Developers 1150.60
Prestige EstatesProj 1594.00
Dilip Buildcon 394.25
DLF 736.70
Oberoi Realty 1711.45
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