Nitco Group inaugurates 1st real estate project
Nitco Ltd marked its foray in the real estate sector with the inauguration of its first premium project- Nitco Biz Park. This state-of-the-art, commercial property is located in Thane. The project has been designed and developed by Nitco Realties Pvt Ltd, a 100% subsidiary of the Nitco Group.
A Rs120-crore project, the Nitco Biz Park is a six-storey building and spread over 2 lakh sq ft of plush (office) space. This project is tastefully designed to bring life to corporate space in Thane and boasts of a beautiful landscaped grand atrium rising three floors high. In addition to being environment friendly, the building is well equipped with modern amenities like hi-tech security surveillance systems in every corner, dedicated security control room, an Intelligent Building Management Systems (IBMS) with 100% power backup
Commenting on this development, Vivek Talwar, Managing Director Nitco Tiles said, “We are very proud to present our very first project. As a company closely associated with real estate for years, this marks our foray into the sector in Mumbai. The Group has the expertise and significant land holdings, which we will consolidate in the immediate future. We have been strategically developing this line of business which will soon add immense value to all our shareholders.”
Elaborating on Nitco Biz Park, Mr Talwar said, “Nitco Biz Park will cater to the burgeoning commercial growth being witnessed in Thane. This area has transformed into a fast growing business & commercial hub. With its diverse range of modern amenities, the Biz Park will provide a total holistic global corporate working environment. Our focus will be on developing niche and next level developments. The LEED certification to our project is one of the aspects that reiterates this.”