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Wednesday, April 7, 2010

Guess this: how much can a developet develop residential and commercial space within a span of five years?

Guess this: how much can a developet develop residential and commercial space within a span of five years? Two million, four million or five million sq. ft.? Whar if we to told you that one developer has brought more than eight million sq ft under development within a short span of just five years, would you believe it? Believe you will, if the developer is Bangalore-based Nitesh Estates. As if eight million sq ft of development .in five years is not enough, the company has set itself a much higher target. "In the next 3-4 years, we're going to build 15-20 million sq ft, out of which 80 per cent would be residential projects," informs Ni tesh Shetty, the 32-year­old founder and Managing Director of Nitesh Estates.

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