Thursday, August 19, 2010
Nitesh Estates launches Rs 250 Cr green residential project in Bangalore
Nitesh Estates, one of South India’s leading integrated property development companies, announced the launch of its premium eco-friendly condominium – “Nitesh Columbus Square”, located off Bellary Road in upcoming North Bangalore. This Rs 250 Cr residential project is being built on approximately 4.5 acres of land and has about 12,000 sq ft of retail space attached, thus ensuring it’s positioning of an efficient self-contained community offering the finest facilities to give its customers an ideal living space. Nitesh Columbus Square comes after the successful launch of two other residential projects in Bangalore in the last four months.
This vaastu compatible, elegantly designed condo will boast of some of the most high-end amenities like squash court, plexipaved tennis court, roof-top swimming pool, card and billiard room, crèche and a multi-leveled clubhouse to give its residents enough reason to want to spend more time within its precincts than beyond it.
With a pre-gold certification from the Indian Green Building Council (IGBC), these 390, two and three bedroom apartments at Nitesh Columbus Square will have intelligently designed floor plans to ensure ample ventilation and natural light to help conserve energy. The well thought out landscaping on the 71% open area together with a fully landscaped terrace garden and bio walls created by foliage grown vertically, envelope the whole project with nature. Conforming to the guidelines laid down by IGBC, Nitesh Columbus Square is set to initiate the latest trend of sustainable design in the real estate industry.
Nitesh Estates is adding another unique feature to this project; customers will have the option to personalize their own homes starting from flooring, wall finish, woodwork, kitchen and bathroom fittings to their white goods, thereby providing customers to just move in with their personal effects.
While announcing the launch, Mr. Ashwini Kumar, Chief Operating officer, said “ Nitesh Columbus Square is one of our most ambitious projects which we are extremely proud to have launched. Our customers expect only the best from us and having kept up to that promise over the last six years, it is extremely critical we keep maintaining that expectation. This is our first green building and we hope our patrons accept this concept with as much excitement as the passion that has gone into designing this product”.
Nitesh Estates has recently had a successful IPO. Most of the capital raised will be used to complete its ongoing projects and launch new ones. The company will be announcing a few more residential project launches in the coming weeks, one being its ultra-luxury villa project in Goa .
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