Nitesh Estates has successfully managed to reduce its debt by Rs 407.88 crore from the overall consolidated debt which was appearing in the consolidated financials of the company and this reduction has constituted an around 30% reduction of the current overall debt of 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.
