Nitesh Estates Signs up Virat Kohli as Brand Ambassador

Just five months after signing a $250 million platform partnership with Goldman Sachs, leading Bengaluru-based developer Nitesh Estates has roped in star cricketer and captain of India’s Test team, Virat Kohli as their Brand Ambassador.

A winning combination of expertise and experience has given Nitesh Estates an unrivalled position as an industry leader, and today the company stands tall as one of India’s most recognized, strong and reliable luxury brands, a press note said.

Speaking on choosing Kohli as their brand ambassador, Ashwini Kumar, Executive Director and Chief Operating Officer said “Our Company is at its prime, looking forward to spectacular growth and performance on all fronts in the future. We have set benchmarks and unbeatable records in real estate and are well known for our distinguished projects that involve the best of global architectural and design skills. Our vision is to ‘win the future’ and give Nitesh Estates the leading edge in every aspect of our prestigious and innovative endeavors. Virat Kohli as our Brand Ambassador reflects our enthusiasm, passion and energy to stride ahead towards the future."

On his association with Nitesh Estates, Virat Kohli said “I am proud to be associated with Nitesh Estates. The company in many aspects reflects the values I hold in high esteem. I respect the fact that as a first generation company it has made extraordinary progress in a very short span. From a modest inception, Nitesh Estates has been able to build and scale to global standards very quickly.  I am very impressed with their quality of developments across Homes, Hotels, Office buildings and Shopping Malls. I look forward to the rewarding experience of building Nitesh Estates, together with their team, taking it to the next level.”

Nitesh Estates has many firsts to its credit.  It was one of the first developers in India to attract Foreign Direct Investment (FDI) in real estate with investors like Och Ziff, Apollo Global Capital, Citigroup Property Investors, and Goldman Sachs Inc. Nitesh Estates brought the first Ritz-Carlton to India. Similarly, Virat Kohli has been delivering his own series of firsts as well, to rave reviews from his many fans.

About Nitesh Estates

Founded by entrepreneur Nitesh Shetty in the year 2004, Nitesh Estates is a leading integrated property development company head-quartered in Bengaluru. The company provides world-class products and services and has presence across four asset classes, Homes, Hotels, Office Buildings, and Retail Spaces.

Nitesh Estates enters Pune Realty space, acquires Shopping Mall for Rs 250 crores

Pune: With the acquisition of 1 million sq. ft Koregaon Park Plaza Centre for Rs 250 crore, Nitesh Estates, a Bangalore-based premium property developer, has announced its entry into Pune real estate market.

With this acquisition Nitesh Estates shopping mall portfolio is now 2.2 million sq. ft. They are currently developing 1.2 million sq. ft. shopping mall in the upmarket locale of Indiranagar in Bangalore.

An A grade shopping mall spread over 6 acres in prime upscale locale of Koregaon in Pune, Koregaon Park shopping mall can accommodate 130 retail stores, an extensive food court and can house around 1000 cars in the parking space. The mall already has a PVR cinema with 7 screens and Spar supermarket along with brands like Tommy Hilfiger, Collective, M.A.C, Calvin Klein, U.S. Polo Assn., Swarovski and Crossword.

 Ashwini Kumar, Executive Director & COO, Nitesh Estates said, “Over the years, Pune has emerged as an important real estate market. We are delighted to acquire this top quality asset and build our shopping portfolio. Koregaon Park shopping mall is undergoing a refurbishment and will soon sport a new food court in addition to fine dining restaurants. The changes will take place while the mall remains operational. Nitesh Estates plans to bring their legacy of design driven and cutting edge facades fashioned by one of the best architects for the mall makeover.”

About Nitesh Estates Limited

Founded by entrepreneur Nitesh Shetty in the year 2004, Nitesh Estates is a leading integrated property development company headquartered in Bengaluru. The company provides world-class products and services and has presence across four asset classes, Homes, Hotels, Office Buildings, and Retail Spaces.

Since 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. Nitesh Estates currently has 20 mn. sq. ft. under development. Superior quality, attention to detail and perfection are the standards that every Nitesh project exudes.

 Nitesh Estates own India’s first Ritz Carlton Hotel, a 277 rooms luxury five star hotel in downtown Bangalore, a company release said.

Nitesh Estates develops Rs 400 cr villament project in Bangalore

Nitesh Estates, an integrated property developer with strong brand recall and presence across all assets class, has announced developing of Rs 400 crore villament development project in Bangalore.

The project, Nitesh Palo Alto will bring alive the concept of villaments in the heart of Bangalore's technology hub, the Sarjapur-Marathalli Ring Road with luxuries and facilities inspired by the Silicon Valley lifestyle. 

Nitesh Palo Alto offers 251 villaments, 3 & 4 bedroom duplex and simplex spread about 12 acres. It will be priced at Rs. 1.9 - 3 Cr., the company said in a release.

Villaments bring together the conveniences of apartments and the privacy afforded by villas. These villaments are inspired by Silicon Valley in more ways than just the name. A host of technology based services integrate seamlessly with your lifestyle. That apart, Palo Alto sets apart the desiring from the deserving.

About the project, Ashwini Kumar, Executive Director and COO, Nitesh Estates Limited said, "Staying at Nitesh Palo Alto will be like staying in the Silicon Valley home with its offering of Wi-Fi connectivity and high technology automation system. It promises to be a perfect getaway after a hectic day at office, and yet so close to the day to day entertainment, shopping, and everything else."

It offers innumerable options for leisure activities, from sports to yoga and meditation to even a state-of- the- art fitness center. Completely based on recreating highest standards of quality and global lifestyle living, Nitesh Palo Alto will offer an elegant lifestyle. At Nitesh Palo Alto, every day is "pure indulgence."

"The vibrant spirit of Silicon Valley now breathes life in Bangalore. The American life is in the amenities. What sets Palo Alto apart is a wide range of thoughtful features and amenities drawn from the Silicon Valley lifestyle," adds Kumar.

Some villaments come with private gardens besides besides two individual parking lots, video surveillance, Wi-Fi and 100% power back up to name some of the features.

Nitesh Estates is committed to the principle of sustainability. The design practice envisaged in Nitesh Palo Alto has emphasized efficiency by usage of renewable energy sources such as solar heated water, appropriate building orientation, recyling gray water, rainwater harvesting for gardening and aquifer recharge, on-site waste management and control of storm water runoff.