<body><script type="text/javascript"> function setAttributeOnload(object, attribute, val) { if(window.addEventListener) { window.addEventListener('load', function(){ object[attribute] = val; }, false); } else { window.attachEvent('onload', function(){ object[attribute] = val; }); } } </script> <iframe src="http://www.blogger.com/navbar.g?targetBlogID=30670461&amp;blogName=India+Real+Estate+and+SEZ&amp;publishMode=PUBLISH_MODE_HOSTED&amp;navbarType=BLUE&amp;layoutType=CLASSIC&amp;searchRoot=http://in.diarealestate.com/search&amp;blogLocale=en_US&amp;v=1&amp;homepageUrl=http://in.diarealestate.com/&amp;vt=-3584418050601208051" marginwidth="0" marginheight="0" scrolling="no" frameborder="0" height="30px" width="100%" id="navbar-iframe" allowtransparency="true" title="Blogger Navigation and Search"></iframe> <div></div>

Home

Property Forum

ICICI SBI Credit Card

Dalal Street


Nitesh Estates raises $55 Million

Saturday, December 16, 2006

Bangalore / Bengalooru based Nitesh Estates has raised $ 55 Million by diluting 25% stake in the company. Och-Ziff, UK based hedge fund manager is the investor.

Nitesh Estate is promoted by Nitesh Shetty and is developing several projects including a 5 star hotel in Bangalore at an estimated cost of Rs 500 crores. The developer is also building a SEZ in Mangalore and several residential projects.

Earlier, JP Morgan invested $60 million in Lodha Bellissimo in Mumbai.

Tags: , , ,

posted by Webmaster @ 11:44 AM   1 comments

1 Comments:

At 8:46 AM, Anonymous Anonymous said...

The five star hotel is in tie-up with Ritz Carlton.

 

Post a Comment

<< Home