A Rs. 120-crore project, the Nitco Biz Park is a six-storey building and spread over 2 lakh sq ft of plush (office) space. 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."
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 claims to provide a total holistic global corporate working environment.
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.
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