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Nitesh Estates

Nitesh Estates ventures into retail space with Nitesh HUB, Pune

Real estate group Nitesh Estates Limited, in partnership with global investment leader Goldman Sachs, has added a retail venture to its footprint of income-generating assets. They have recently acquired and re-launched a mall in Pune, now known as Nitesh...

Nitesh Estates acquires Koregaon Park Plaza for Rs 250 cr

Bangalore-based developer Nitesh Estates has announced its entry into the Pune market with the acquisition of the one-million sq. ft. Koregaon Park Plaza shopping centre. With this takeover, Nitesh Estates' retail real estate portfolio is now 2.2 million sq....

Nitesh Estates to raise funds for expansions

Nitesh Estates, a Bengaluru-based real estate developer, is looking to raise about Rs 600 crore for its various upcoming projects as it seeks to expand its presence. The company has planned to gather these funds through the special purpose...

Bangalore to get a Ritz

Bangalore city has been earmarked by the Ritz-Carlton Hotel Company, for its first hotel in India. The Ritz-Carlton Hotel Company operates over 65 hotels in Middle East, Asia, North and South America, and Europe. The planned hotel will become...

Citi Property to invest $120 million in luxury hotels

The New York-based Citigroup Property Investors (CPI) will invest up to $120 million in Bangalore-based Nitesh Estates’ luxury hotels.CPI, which is among the biggest private equity investors in the Indian real estate market, recently transacted a $100-million five-star hotel...
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Former HUL CEO Mehta teams up with PE fund L Catterton for India-focused JV

Mehta will serve as the executive chairman of India for the vehicle from 4 April onwardsMumbai: Former Hindustan Unilever...
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