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Nel Holdings Limited, formerly Nitesh Estates Limited, is engaged in the development and construction of properties. The Company is an integrated property developer, which operates a luxury real estate brand with presence in multiple asset classes, including residential, commercial, hotel and shopping mall. The Company operates in three business segments: Residential, Retail and Hospitality. The Company develops, acquires and invests in homes, hotels, office buildings and shopping malls. The Company has a portfolio of ongoing projects comprising approximately 15 residential projects, over four commercial projects, one hospitality and one retail project (shopping mall), with a total developable area of approximately 8.94 million square feet. Its Nitesh HUB shopping mall is spread across and area of approximately six acres of land with a capacity to accommodate approximately 130 retail outlets. Its Ritz-Carlton super luxury hotel is located in Bangalore.
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