Nitesh Estates has acquired remaining 50% ownership of Courtyard Construction, thereby making CCPL a 100% wholly owned subsidiary. This gives 100% ownership of prime land parcel of 21,000 Sq.ft situated in Cunningham Road, Bangalore, owned by CCPL. In 2010, Nitesh Estates had acquired 50% ownership in CCPL.
Meanwhile, the company will be launching its Luxury Residential Project shortly, which will garner Rs 110 crore topline revenue over next 24 months.
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.
