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Nitesh Estates opens first Ritz-Carlton in India

31 Oct 2013 Evaluate

Nitesh Estates - owned and developed - The Ritz-Carlton, Bangalore, has officially opened its doors on October 31, 2013. The launch of The Ritz-Carlton, Bangalore heralds the entry of the realty major into the hospitality space. This is the first Ritz-Carlton in India and the company has partnered with the best global firms to create this masterpiece.

Developed at a cost of Rs 750 crore, this 277 room hotel located in the upscale Residency Road area, offers seven unique food and beverage options – ‘Bang’ - the rooftop bar, ‘The Lantern’ - a dim sum house, ‘The Market’ - an all-day restaurant, ‘Riwaz’ - an Indian restaurant, ‘Ganache’ - the patisserie, along with ‘The Ritz-Carlton Bar’, and the Pool side bar. Another important feature of the hotel is its well-appointed large capacity ballroom suitable for 1,000 guests.

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 1162.00
Prestige EstatesProj 1473.00
Dilip Buildcon 412.40
DLF 680.50
Oberoi Realty 1850.05
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