operations update meet/210551_20120807.pdf · nitesh columbus square 390 0.73 8% 352 nitesh logos...
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Operations UpdateQ1 : Apr -Jun 2012
Sales Performance: Projects Under Construction
ProjectsQ1: Apr- Jun 2012 Cumulative for the Project
Area Sold(million SFT)
UnitsSold
Sales Value(Rs. Crore)
% ofUnits Sold
Units Sold
Sales Value(Rs. Crore)
Nitesh Flushing Meadows 0.012 8 4.73 71% 142 55.53
Nitesh Central Park 0.002 1 0.69 98% 76 47.29
Nitesh Camp David 0.003 1 2.36 75% 3 5.86
Nitesh Caesar's Palace 0.005 4 2.25 52% 190 85.65
Nitesh Hyde Park 0.012 13 5.52 67% 357 124.02
Nitesh Columbus Square 0.008 6 3.51 44% 108 66.71
Nitesh Logos - - - 25% 2 15.50
Nitesh Fisher Island - - - 29% 6 26.60
Nitesh Cape Cod 0.024 13 11.76 46% 139 107.26
Nitesh Napa Valley 0.012 3 12.59 2% 3 12.59
Total 0.078 49 43.40 1,026 547.00
Projects & Units Developable Area % of
Total People Working
Construction Stages (Million SFT) Structure Complete:
Nitesh Central Park 106 0.28 3% 250 The Ritz Carlton Hotel 281* 0.50 6% 1,500 Nitesh Camp David 8 0.03 0% 110
Construction in Progress:Nitesh Flushing Meadows 200 0.38 4% 197 Nitesh Hyde Park 537 0.68 8% 184
Nitesh Columbus Square 390 0.73 8% 352 Nitesh Logos 16 0.09 1% 72 Nitesh Fisher Island 36 0.20 2% 65Nitesh Caesar's Palace 516 0.94 11% 365 Nitesh Cape Cod 417 1.00 11% 159
Pre-construction Activities in Progress: Nitesh Mall 1.11 13% 10 Nitesh Napa Valley (Launched in JUNE 2012) 133 0.59 7%Nitesh Park Avenue (to be Launched) 24 0.14 2%Nitesh Hunter Valley (to be Launched) 1,091 2.20 24%
TOTAL 3,474# 8.87 100% 3,264
PROJECTS : Construction Status
* No of Keys # Excludes No of Keys of Ritz Carlton
Ritz Carlton Hotel, Bangalore Location : Residency Road
Developable Area : 0.50 million SFT
Start Date : Feb-2008
End Date : Oct-2012
No. of Keys : 281
Contractor : Simplex Infrastructure
People Working : 1,500
Artist’s Impression of Hotel � MEP & Finishing work in progress
Ritz Carlton Hotel, Bangalore
Shot at location
Nitesh Hyde Park, Bangalore Location : Bannerghatta Road
Developable Area : 0.68 million SFT
Start Date : Aug-2010
End Date : Aug-2013
No. of Units : 537
Contractor : Ramky Infrastructure
People Working : 184
Artist’s Impression
� Excavations Completed
� Superstructure – Levels Completed:
BlockA
BlockB
BlockC
BlockD
BlockE
BlockF
12th 12th 12th 10th 4th Footings
Nitesh Hyde Park, Bangalore
Shot at location
Nitesh Caesar’s Palace, BangaloreLocation : Kanakapura Road
Developable Area : 0.94 million SFT
Start Date : May-2011
End Date : Dec-2013
No. of Units : 516
Contractor :New ConsolidatedConstruction Co. Ltd
People Working : 365
Artist’s impression
� Excavation work completed� Foundation work completed� Slab Cast:
BlockA
BlockB
BlockC
BlockD
BlockE & F
BlockG
BlockH
10th 10th 7th 7th GF 6th 6th
Nitesh Caesar’s Palace, Bangalore
Shot at location
Nitesh Columbus Square, Bangalore
Artist’s impression
� Excavation work completed
� Foundation work completed
� Superstructure- Levels Completed:
Location : Off Bellary Road
Developable Area : 0.73 million SFT
Start Date : Nov- 2010
End Date : Jun- 2013
No. of Units : 390
Contractor : Ahluwalia Contracts
People Working : 352
BlockA
BlockB
BlockC
BlockD
BlockE
BlockF
GF 8th 9th 11th 11th 11th
Nitesh Columbus Square, Bangalore
Shot at location
Nitesh Flushing Meadows, Bangalore Location : Whitefield
Developable Area : 0.38 million SFT
Start Date : Jan-2008
End Date : Dec-2012
No. of Units : 200
Contractor : Ramky Infrastructure
People Working : 197
Artist’s impression
� 35% MEP work completed� 75% Block masonry work completed� Tiling work in progress� Slab Cast :
Block-A Block-B Block-C Block-D
12th 12th 12th 12th
Nitesh Flushing Meadows, Bangalore
Shot at location
Nitesh Central Park, Bangalore Location : Off Bellary Road
Developable Area : 0.28 million SFT
Start Date : Aug-2009
End Date : Sep-2012
No. of Units : 106
Contractor : NCCL
People Working : 250
Artist’s impression
� Structure & Block-work Completed
� Painting work in progress
� Mock up Apartment Completed
� Club House Completed
� 95% Flooring work Completed
� 95% MEP work Completed
Nitesh Central Park, Bangalore
Shot at location
Nitesh Fisher Island, GoaLocation : Goa
Developable Area : 0.20 million SFT
Start Date : Jan- 2011
End Date : Aug-2013
No. of Units : 36
Contractor : Ruby Realtors
People Working : 65
Artist’s impression
� 86% of Excavation work completed
� Foundation work for 29 Villas completed
� Plinth beam for 16 Villas completed
� Model Villa core & shell completed
Nitesh Fisher Island, Goa
Shot at location
Nitesh Camp David, Bangalore Location : Frazer Town
Developable Area : 0.03 million SFT
Start Date : Oct-2009
End Date : Sep-2012
No. of Units : 8
Contractor : In HousePeople Working : 110
Artist’s impression
Nitesh Camp David, Bangalore
Shot at location
Nitesh Logos, BangaloreLocation : Aga Abbas Ali Road
Developable Area : 0.09 million SFT
Start Date : Mar -2011
End Date : Oct-2013
No. of Units : 16 (High-end Luxury)
Contractor : Dan Constructions
People Working : 72
� 80% Excavation work completed
� 65% Basement slab completed
� 70% of Ground Floor slab completed
� Upper Basement & First Floor column WIP
Artist’s Impression Artist’s impression
Nitesh Logos, Bangalore
Shot at location
Nitesh Cape Cod, Bangalore
Location :Sarjapur MarathahalliOuter Ring Road
Developable Area : 1.00 million SFTConstructionCommencement
: Mar- 2012
End Date : Dec-2014
No. of Units : 417
Contractor : Simplex Infra
People Working : 159
� Excavation work in progress
� Foundation work in progress
� Basement column work in progress
� Water-proofing work in progress
Nitesh Cape Cod, Bangalore
Shot at location Model Flat at location
Nitesh Mall, Bangalore
Demolition of existing building is in progress
Artist’s impression Location : Indiranagar, Bangalore
Developable Area : 1.11 million SFT
Start Date : Jan-2012
End Date : Jun-2014
Contractor : Larsen & Toubro
People Working : 10
Tenants on Board :
• PVR 63,000 SFT
• HyperCity 50,000 SFT
• Blu O 18,000 SFT
Nitesh Napa Valley, Bangalore
Project Launched in JUNE 2012
Artist’s impression Location : Off Bellary Road, Bangalore
Developable Area : 0.59 million SFT
Project Launched : JUNE 2012
Construction Starts
: SEPTEMBER 2012
No of Villas : 133
Nitesh Park Avenue, Bangalore
Demolition of existing buildings completed
Forthcoming Super Luxury Residential Project in CBD
Artist’s impression Location : Sankey Road Bangalore
Developable Area : 0.14 million SFT
Planned Launch : Q3 : 2012-13
Nitesh Hunter Valley, BangaloreLocation : Hennur, Bangalore
Developable Area : 2.20 million SFT
Planned Launch : Q3 : 2012-13
Artist’s impression
Artist’s impression
Venkateshan M. A.Chief Finance Officer
Nitesh Estates Limited7th Floor, Nitesh Timesquare
#8, M.G. Road, Bangalore 560 001Ph: 080 40174000, Fax: 080 25550825
Contact Info