Nitesh Estates is an integrated property development company with its headquarters in Bangalore. Founded in 2004, Nitesh Estates has fast grown into a company known for its office, residential, hotel and retail projects. In six years, the company has brought more than 20 million sq ft of space under development as premium living, working, lifestyle and leisure space, a phenomenal growth fuelled by the resolute and dynamic leadership of its founding Managing Director, Nitesh Shetty.
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Shetty, a first generation entrepreneur, began his career in 1997 in the business of outdoor billboards with a modest budget of USD 300 borrowed from his mother. In 2002, he made his maiden foray in the real estate industry and from there the company took a quantum leap in terms of scope and reach. Today, Nitesh Estates is recognised as one among the league of premium real estate developers in the country that provides world-class products and services.
Since its inception, Nitesh Estates has created a niche for itself by pioneering some of the finest real estate projects in the cities of Bangalore, Chennai, Goa and Kochi. As part of its expansion strategy, the company has acquired a high value nine acre plot in Chennai at USD 161 million, making it the fifth largest land deal in the country and the largest in South India. Driven by its visionary management, the company has to its credit a series of firsts: the first to win India’s largest corporate housing project (ITC Limited), one among the first few to attract FDI in real estate (Och Ziff and Citigroup) and has the distinction of bringing to India its first Ritz Carlton. Nitesh Estates is also developing one of the largest elite lifestyle malls in Bangalore, which will provide an avenue for major consumer brands to explore and create their footprint in India.
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