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NITESH ESTATES LIMITED

realtycompass.com Rating for NITESH ESTATES LIMITED 10

NITESH ESTATES LIMITED is an EXCELLENT builder. It has 18 on-going projects with total inventory value of Rs.40023 Cr and 10 completed Projects. It has presence in Bangalore,Kochi

realtycompass.com NITESH ESTATES LIMITED 1010

Builder Rating

10

Completed Projects

18

Ongoing Projects

2

Cities

About NITESH ESTATES LIMITED

Nitesh Estates is an integrated property development company with its headquarters in Bangalore, India. Founded in 2004 by Mr. Nitesh Shetty, Nitesh Estates has grown into a company renowned for its stellar developments in Office Buildings, Residential, Hotels and Shopping Malls. Indias most recognised Luxury Real Estate brand, Nitesh Estates is a renowned name for most of South Indias most recognised property developments. Driven by the values of superior quality, attention to detail and perfection, Nitesh Estates works across the board on all its projects, be it from Homes to Hotel and Office Buildings to Shopping Malls. Our team comprises experts with tremendous experience, creativity and innovation, and includes the best of architects across the world. The Nitesh Brand is an unmistakeable and indelible addition to all of our properties, manifesting in the form of the design-driven and cutting edge facades that are created for every property designed. The Company is governed by a set of Senior Eminent Board of Directors who overlooks the overall operations of the Company.

Vision & Mission

VISION
  • To achieve absolute perfection in all our endeavors with our unwavering adherence to excellence, commitment and integrity in order to be a leading national developer with the commitment to create greater value for our customers and loyalty to our investors.               

                               

Management Profile

Mr. Nitesh Shetty
Chairman & Managing Director

Nitesh Shetty a first generation entrepreneur is the founder and Chairman of Nitesh Estates. Under his leadership the company has scaled up in 8 years and successfully completed a initial public offering and raised series of Private equity capital. A former tennis Player started his career as a 19 year old with the Billboard business and has interests in Infrastructure and Hotels. He sets the Big Vision for the growth of the company.

 

.

Mr. G. N. Bajpai
Independent Director

Mr. G N Bajpai holds a Master in Commerce Degree from the University of Agra and Bachelors in Law Degree from the University of Indore. Former Chairman of the Securities and Exchange Board of India (SEBI), has also been the Chairman of  Life Insurance Corporation of India (LIC). Winner of "Outstanding Contribution to the Development of Finance” award from Dr. Manmohan Singh, Prime Minister of India, Mr. Bajpai is a visiting faculty at leading institutes of management and also currently serves as non-Executive Chairman and a Director on the board of several companies, both in India and overseas.

Mr Jagdish Capoor
Director

Mr. Jagdish Capoor, the former chairman of HDFC Bank, brings with him a wealth of knowledge regarding the banking and financial sector. Hehas worked at the Reserve Bank of India (RBI) as Deputy Governor of the Bank. Capoor’s other assignments include serving on the Board of Directors of theIndian Hotels Co Ltd, Non Executive Chairman of Manappuram Finance Limited,Board of Governors of the Indian Institute of Management, Indore. He also heldroles on Academic Advisory Board of Asian Business School and as a Chairman ofGoverning Board of the Derivatives Segment of the Bombay Stock Exchange Ltd.[BSE]. He is a Fellow of Indian Institute of Banking and Finance and holds a Masters of Commerce from University of Agra.

Mr. Sudhakar Rao
Additional Director

Mr. Sudhakar Rao was former Chief Secretary of Government of Karnataka and has held various senior positions in Government of India.  He is currently serving as an Independent Director on the Boards of L&T Infrastructure & Development Projects Ltd, Indian Oil Corporation Limited, United Spirits Limited and other companies.

Mr. Ashok Aram
Independent Director

Mr. Ashok Aram is the Managing Director of Deutsche Bank (Middle East, North Africa).  Prior to this he was the Head of Global Banking Division and was MD of Abraaj Capital, one of the largest PE fund in Middle East, which currently has US$4 billion under management.

Mr. M. D. Mallya
Director

Mr. M. D. Mallya was a Chairman and Managing Director of Bank of Baroda since May 2008 retired in November 2012. He has been the Business Standard Banker of the Year 2011-12.  Prior to joining the Bank, he was the Chairman & Managing Director of Bank of Maharashtra.

 

Mr. Mallya, born on 9th November 1952, passed out Bachelor of Engineering with Distinction from Karnataka Regional Engineering College, Suratkal. Subsequently, he completed post-graduation Diploma in Management from Indian Institute of Science, Bangalore with Distinction.

 

His tenure as Executive Director of Oriental Bank of Commerce (OBC) was marked by several new initiatives and providing leadership inputs, the merger of erstwhile Global Trust Bank with OBC etc.

 

Mr. M. D. Mallya has been on various committees of Indian Banks' Association and National Institute of Bank Management (NIBM), Pune like - Member of the Managing Committee of IBA and Standing Committee on Legal and Banking Operations of IBA, Member of the Governing Board of NIBM, Finance Committee of NIBM and Campus Committee of NIBM., Member of the Governing Council of Indian Institute of Banking and Finance, Member of the Governing Council of Institute of Banking Personnel Selection.

Mr. Mahesh Bhupathi
Non-Executive Director

India's first & only 10 times Grand Slam title winner and US Open mixed doubles titles holder, Mr. Mahesh Bhupathi has been associated with the Company since June 2005. Mahesh has been associated with the company for last few years. He is also the CEO of Globo Sport - sports & celebrity management company.  

Mr. L.S. Vaidyanathan
Executive Director

Mr. L S Vaidyanathan holds a degree of Bachelor of Science from Madras University. He is a fellow member of the Institute of Chartered Accountants of India. Before joining the Company in the year 2005, Mr. L S Vaidyanathan was a practicing Chartered Accountant. Mr. L S Vaidyanathan has been associated with the real estate industry for the last 22 years in various capacities. Overall he has over 27 years of experience in auditing, consulting, and in the real estate industry. As a Director of the Company, Mr. L S Vaidyanathan is responsible for all strategic initiatives relating to business including business development, transaction strategy, resources mobilization and Taxation (Direct).

Mr. Ashwini Kumar
Executive Director & Chief Operating Officer

Mr. Ashwini Kumar, joined the Company on 2nd November, 2009 as the Chief Operating Officer and is responsible for the business operations of the Company. He was elevated to Board as Executive Director and Chief Operating officer effective April 19, 2012. Most recently, prior to joining Nitesh Estates Limited, he was the Managing Director of Lineage Power India Pvt. Ltd. a leading US based MNC in the area of Power Electronics and responsible for their business in India and South East Asia. Prior to this he worked as Director with Tyco Electronics and Lucent Technologies and was responsible for their telecom power electronics business in India.

In all he has an experience of 29 years starting with functional roles, in sales, project management, manufacturing, performance improvement and culminating in business leadership roles. He is a Mechanical Engineer from NIT, Rourkela (1981) and post graduate in Business Management from XLRI, Jamshedpur (1983).

Mr. James Brent
Member of Advisory Board

Former Global Head and Chairman of Citigroup’s Real Estate and Lodging Investment Bank, James Brent started his 25-year investment banking career with UK merchant bank, Schroders, becoming their youngest ever director at the age of 29. James is founder and Chairman of the Akkeron Group of companies. The Group has grown in its 4 years to successfully incorporate the hotels and leisure sector, retail, sport, large scale agriculture and urban regeneration – across the UK and in Europe.

Mr. Rangaswamy Iyer
Member of Advisory Board

A financial management graduate, Mr. Rangaswamy Iyer has had extensive experience as an accomplished business leader. He is currently a Consultant advising Companies on Business Strategy, Business Development, Mergers & Acquisition. Prior to this  Mr. Iyer was the Managing Director of pharma major, Wyeth Ltd. where he held this position for 9 years. In that capacity he played a key role in its rapid growth, contributing tremendously to the Company’s emergence as an industry leader.  

Awards

  • CNBC AWAAZ CRISIL CREDAI Real Estate Awards
  • Source at : http://www.niteshestates.com/type4.aspx?type=4&l1=5&l2=60

  •  INTERNATIONAL PROPERTY AWARDS ASIA PACIFIC, BEST DEVELOPMENT MARKETING INDIA, NITESH NAPA VALLEY
  • INTERNATIONAL PROPERTY AWARDS ASIA PACIFIC, HIGHLY COMMENDED LANDSCAPE ARCHITECTURE, INDIA, NITESH NAPA VALLEY
  • INTERNATIONAL PROPERTY AWARDS ASIA PACIFIC, DEVELOPMENT MARKETING INDIA, NITESH FISHER ISLAND
  •  CONSTRUCTION SOURCE INDIA AWARD - Winner of the Best Builder of the Year
  •  WINNER OF THE CREDAI BENGALURU CRICKET LEAGUE 2012
  •  WINNER OF THE STATES BEST ARCHITECTURE OF THE YEAR AWARD
  • Track2Realtys Brand X Report 2014-2015 - Hospitality
           We are recognized as a 'top 10' developer in the 'Hospitality' segment across India by Track2Realty's Brand X Report 2014-2015
  • Track2Realtys Brand X Report 2014-2015
           Nitesh Estates scales new heights - We are recognized as a 'top 10 developer' in South India across Asset Class by Track2Realty's Brand X Report 2014-2015.
  • Asia PACIFIC property awards 2015
  • Worldwide Achievers Real Estate Awards 2014
           Best Developer- Luxury Residential of the Year (Southern Region) forAsia's most promising brand 2014 Year (Southern Region) for
           Nitesh Cape Cod
           Nitesh Columbus Square
           Nitesh  Central Park
           Nitesh Park Avenue
           Nitesh Napa Valley

News

  • MoneyControl, Bangalore: Nitesh Estates sees Rs. 3500 Crore Revenue accruing over 34 years.
    July 24, 2015
  • Hindustan Times, Bangalore: Nitesh Estates listed among the Hot50 brands in Bengaluru by Paul Writer.
  • The Financial Express ,Bangalore : Nitesh Estates plans to move beyond Bengaluru
  • The Times of India, Pune: Many malls look for success stories
  • IRIS,Bangalore: : Nitesh Estates signs partnership platform pact with Goldman Sachs
  • Live Mint,Mumbai : Nitesh Estates inks partnership agreement with Goldman Sachs
  • Business Standard, Mumbai: Nitesh Estates signs partnership platform pact with Goldman Sachs
  • TNN,Mumbai: Nitesh Estates jumps after acquiring shopping mall in Pune
  • Times of India,Bangalore: Nitesh Estates buys Pune mall from Elbit Imaging for Rs 250 crore
  • Capital Market,Bangalore: Nitesh Estates acquires Koregaon Park Plaza Centre
  • Nitesh Estates spurts after clarification on Pune Mall- [Business Standard]

Source at : http://www.niteshestates.com/type80.aspx?type=80&l1=5&l2=22

  • Nitesh Estates to buy Pune Mall- [Times of India]

Source at : http://www.niteshestates.com/type80.aspx?type=80&l1=5&l2=22

  • Hospitality Eyes IT Gateway- [India Brand Equity Foundation (IBEF)]

Source at : http://www.niteshestates.com/type80.aspx?type=80&l1=5&l2=22

  • Nitesh launches residential project in Bangalore- [Financial Chronicle]

Source at : http://www.niteshestates.com/type80.aspx?type=80&l1=5&l2=22

  • Condominium residential project in Bangalore- [Hindustan Times]

Source at : http://www.niteshestates.com/type80.aspx?type=80&l1=5&l2=22

  • Nitesh Estates launches Nitesh Melbourne Park, a premium condominium residential project in Bangalore- [This Week Bangalore}

Source at : http://www.niteshestates.com/type80.aspx?type=80&l1=5&l2=22

ONGOING Projects

Nitesh Napa Valley

Villas in Bellary Road

3 to 4BHK [ 2712 - 5342 sqft]
Posession : Ready to Move
Bangalore

Project Rating
  • 7.4
  • 4.7
    Neighbourhood
  • 6.3
    Connectivity
  • 5.4
    Amenities
  • 10
    Builder
Premium BuilderEfficient FloorplansLarge Bedroom

Rs :3.55 Cr - Above 4 Cr

Nitesh Chelsea

Apartments in Kudlu Gate

2 to 3BHK [ 1239 - 2617 sqft]
Posession : Mar-2018
Bangalore

Project Rating
  • 8.1
  • 7.2
    Neighbourhood
  • 7.1
    Connectivity
  • 6
    Amenities
  • 10
    Builder
Premium BuilderEfficient Floorplans

Rs :66.1 Lac - 1.2 Cr

Columbus square

Apartments in Yelahanka

2 to 3BHK [ 1226 - 1950 sqft]
Posession : Ready to Move
Bangalore

Project Rating
  • 8.3
  • 4.4
    Neighbourhood
  • 6.1
    Connectivity
  • 10
    Amenities
  • 10
    Builder
Premium BuilderLuxury Amenities

Rs :76.1 Lac - 1.25 Cr

Nitesh Virgin Island

Apartments in Old Madras Road

1 to 4BHK [ 460 - 3453 sqft]
Posession : Jul-2018
Bangalore

Project Rating
  • 7.6
  • 3.8
    Neighbourhood
  • 5.8
    Connectivity
  • 7.4
    Amenities
  • 10
    Builder
Premium BuilderEfficient FloorplansLarge Bedroom

Rs :20.1 Lac - 87 Lac

Nitesh Melbourne Park

Apartments in Hennur Road

2 to 4BHK [ 1356 - 2303 sqft]
Posession : Jul-2017
Bangalore

Project Rating
  • 7.4
  • 5.4
    Neighbourhood
  • 6
    Connectivity
  • 5.4
    Amenities
  • 10
    Builder
Premium BuilderEfficient FloorplansLarge Livingroom

Rs :78.1 Lac - 1.35 Cr

Nitesh Cape Cod

Apartments in Bellandur

3BHK [ 1685 sqft]
Posession : Ready to Move
Bangalore

Project Rating
  • 8.1
  • 7.8
    Neighbourhood
  • 7.6
    Connectivity
  • 5.2
    Amenities
  • 10
    Builder
Premium Builder

Rs :75.6 Lac - 1.45 Cr

Camp David

Apartments in Frazer Town

3BHK [ 3100 sqft]
Posession : Ready to Move
Bangalore

Project Rating
  • 8.1
  • 8.4
    Neighbourhood
  • 7.7
    Connectivity
  • 4.6
    Amenities
  • 10
    Builder
Premium BuilderGood NeighborhoodAttractively Priced

Rs :2.95 Cr

Nitesh British Columbia

Apartments in Anjanapura

2 to 3BHK [ 993 - 1600 sqft]
Posession : Feb-2018
Bangalore

Project Rating
  • 7.3
  • 4.4
    Neighbourhood
  • 5.7
    Connectivity
  • 6.9
    Amenities
  • 10
    Builder
Premium BuilderEfficient Floorplans

Rs :46.8 Lac - 75 Lac

Nitesh Rio

Plots in Kanakapura Road

[ 1500 - 3000 sqft]
Posession : Ready to Move
Bangalore

Project Rating
  • 7.4
  • 4.6
    Neighbourhood
  • 7
    Connectivity
  • 4.4
    Amenities
  • 10
    Builder
Premium BuilderPremium Plots

Rs :1.31 Cr - 2.3 Cr

Nitesh Hyde Park

Apartments in Hulimavu

3BHK [ 1640 - 1920 sqft]
Posession : Ready to Move
Bangalore

Project Rating
  • 8
  • 7.7
    Neighbourhood
  • 7.3
    Connectivity
  • 5.2
    Amenities
  • 10
    Builder
Premium BuilderEfficient FloorplansLarge Bedroom

Rs :56.3 Lac - 1.65 Cr

Nitesh Hunter Valley

Apartments in Hennur

2 to 3BHK [ 1494 - 3161 sqft]
Posession : Ready to Move
Bangalore

Project Rating
  • 6.4
  • 3
    Neighbourhood
  • 3
    Connectivity
  • 6.1
    Amenities
  • 10
    Builder
Premium BuilderEfficient FloorplansLarge Bedroom

Rs :54.9 Lac - 1.2 Cr

Nitesh Flushing Meadows

Apartments in Whitefield

3BHK [ 1639 sqft]
Posession : Ready to Move
Bangalore

Project Rating
  • 7.1
  • 4.5
    Neighbourhood
  • 5.2
    Connectivity
  • 5.6
    Amenities
  • 10
    Builder
Premium Builder

Rs :72.2 Lac - 93 Lac

Nitesh Palo Alto

Villas in Bhoganhalli

3 to 4BHK [ 2706 - 3444 sqft]
Posession : Feb-2018
Bangalore

Project Rating
  • 7.7
  • 6.2
    Neighbourhood
  • 6.6
    Connectivity
  • 5.4
    Amenities
  • 10
    Builder
Premium BuilderEfficient FloorplansLarge Bedroom

Rs :1.43 Cr - 2.65 Cr

Nitesh Long Island

Plots in Devanahalli

[ 2000 - 7000 sqft]
Posession : Ready to Move
Bangalore

Project Rating
  • 6.8
  • 3.9
    Neighbourhood
  • 4.6
    Connectivity
  • 5.1
    Amenities
  • 10
    Builder
Premium BuilderAttractively Priced

Rs :59.9 Lac - 1.8 Cr

Nitesh Ceaser's Palace

Apartments in Kanakapura Road

2BHK [ 1189 - 1421 sqft]
Posession : Ready to Move
Bangalore

Project Rating
  • 7.9
  • 6
    Neighbourhood
  • 7
    Connectivity
  • 6
    Amenities
  • 10
    Builder
Premium BuilderEfficient FloorplansLarge Livingroom

Rs :59.5 Lac - 72 Lac

Nitesh Park Avenue

Apartments in Sadashiva Nagar

4BHK [ 6000 sqft]
Posession : Dec-2016
Bangalore

Project Rating
  • 8.1
  • 8.9
    Neighbourhood
  • 7.8
    Connectivity
  • 4.6
    Amenities
  • 10
    Builder
Premium BuilderGood NeighborhoodLarge Bedroom

Rs :Above 4 Cr - Above 4 Cr

Nitesh Logos

Apartments in MG Road

3 to 4BHK [ 4290 - 6100 sqft]
Posession : Ready to Move
Bangalore

Project Rating
  • 8.7
  • 9.7
    Neighbourhood
  • 9.6
    Connectivity
  • 4.3
    Amenities
  • 10
    Builder
Premium BuilderWell ConnectedGood Neighborhood

Rs :Above 4 Cr - Above 4 Cr

Nitesh Wimbledon Gardens

Apartments in Kakkanad

2 to 3BHK [ 1296 - 2260 sqft]
Posession : Ready to Move
Kochi

Project Rating
  • 8.9
  • 8
    Neighbourhood
  • 9.6
    Connectivity
  • 6.1
    Amenities
  • 10
    Builder
Premium BuilderWell ConnectedAttractively Priced

Rs :35.7 Lac - 63 Lac

Soldout Projects

Nitesh Central Park

Apartments in Bellary Road

2BHK [ 1731 - 1814 sqft]
Posession : Ready to Move
Bangalore

Project Rating
  • N/A
  • 1.2
    Neighbourhood
  • 1.2
    Connectivity
  • N/A
    Amenities
  • 10
    Builder

Rs :75.6 Lac - 1.05 Cr

Canary Wharf

Apartments in Richmond Town

3BHK [ 3361 sqft]
Posession : Ready to Move
Bangalore

Project Rating
  • 6.6
  • 7.5
    Neighbourhood
  • 5.2
    Connectivity
  • 3.8
    Amenities
  • 10
    Builder

Rs :3.87 Cr

Nitesh Key Biscayne

Villas in Devanahalli

3 to 4BHK [ 3500 - 4800 sqft]
Posession : Ready to Move
Bangalore

Project Rating
  • 7.1
  • 1.2
    Neighbourhood
  • 1.2
    Connectivity
  • 6.8
    Amenities
  • 10
    Builder

Rs :2.21 Cr - 3.05 Cr

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