Nitesh Estates forays into the hospitality sector with the launch a five-star luxury hotel in the heart of the city. The project by Nitesh Estates, entailing an estimated investment of Rs. 500 crores, marks one of the largest hotel deals in Bangalore in recent years.
The 300 rooms luxury hotel will be located on Residency Road, in the heart of Bangalore's Central Business District (CBD). The five-star hotel will offer world-class amenities such as luxurious rooms designed to meet the needs of the modern traveller, a state-of-the-art spa, and 3 fine restaurants, convention centers. The hotel will commence operations by 2009. The project holds tremendous potential as the CBD area in Bangalore has only few other 5-star hotels viz. The Oberoi, The Taj Group, The Park and The Leela. Nitesh Estates is in talks with some major international hospitality chains/hotel operators for this project.
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