Nitesh Estates launched a new villa project in Bangalore
The Bangalore-based real estate developer Nitesh Estates has announced the launch of an Rs 425-crore villa project in North Bangalore.
The project in Bangalore, named Nitesh Napa Valley, will house 133 exclusively designed villas in unit sizes between 2,712 sq ft and 5,342 sq ft.
According to the company’s press release, the developer plans to launch five projects in this financial year 2012-13, estimated at Rs 1,500 crore.
The villas will be priced at Rs 3.5 crore, Rs 4.5 crore and Rs 5.5 crore depending on the type of villa that the customer opts for.
The project has been designed by architects Wimberly Allison Tong and Goo from California in the US.
With the launch of this villa project in Bangalore, the company is expecting a good return from this project, as the projected market for this villa project are the high end corporate executives as well as high net worth individuals.
To read more real estate stories:
Residential project in Bangalore will be constructed by L&T
Source: The Hindu Business Line
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