Nitesh Estates’ subsidiary is in discussion with certain investors for raising capital of over Rs 350 crore. The company is expected to conclude the fund raising by November end. However, at this stage there is no definitive agreement with any party.
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.