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Nitesh Estates to raise Rs 400 cr fund from PE firms

Nitesh Estates to raise Rs 400 cr fund from PE firms
Bangalore- Nitesh Estates Ltd is planning to raise Rs.400 crore from private equity (PE) firms, for developing residential projects. Nitesh Housing Developers, which is a subsidiary of the company will be raising the big fund. The developer has been planning to launch five new projects of which, two will be luxury residential projects while the [...] Continue Reading »

Civic panel vie for revenue alternatives in Nashik

Civic panel vie for revenue alternatives in Nashik
While opposing the proposed increase on property tax in the civic budget, the Nashik Municipal Corporation‘s (NMC) standing committee (SC) points out at alternative areas of revenue generation. They have suggested levying of commercial tax on small businesses operating out of domestic premises. Standing committee chairman Uddhav Nimse stated that out of 1,132 galas owned [...] Continue Reading »



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