Nitesh long island

Nitesh long island

Nitesh long island – Overview

Presenting Long Island, from Nitesh Estates. Over 41 acres of carefully chosen premium plots, in the traditional home of kings, Devanahalli.

Prefect for modern-day Bangalore royalty, Nitesh Long Island is equipped with every necessity, from state of the art roads and infrastructure to premium amenities.

So all you need to do is plan your castle and let us pamper you with the rest.

Nitesh long island – Configuration

  • Land Area – 41 Acres & 10.9 Guntas
  • 323 Plots
  • Sizes – 2325 Sq.ft , 2849 Sq.ft, 2906 Sq.ft, 3532 Sq.ft, 4359 Sq.ft

Nitesh long island – Approval Status

  • All statuary Approvals Obtained
  • BIAAPA/TP/LAO/36/2008-09 :: Dtd 01-12-2009

Surrounding Developments

Highlights :

IT Investment region (ITIR) will house marquee names of IT industry and will create 4 million jobs

  • BIAL IT Investment region to be located at the Nandi foothills between Doddaballapur and Chikballapur
  • Total area under development – 10,000 to 12,000 acres
  • Project to be developed in phased approach • 1st phase – 2,072 acres and expected to complete by 2020
  • 2nd phase – 10,000 acres and expected to complete by 2032
  • Karnataka State Electronics Development Corporation issued EOI in 2012 for development of ITIR for which it received interest from 55 MNCs including TCS, Infosys, Wipro etc.
  • Once developed it will create total 4 million jobs
  • 1.2 million direct (employees working in these companies)
  • 2.8 million indirect (people supporting these employees) Even if 10% direct employees choose to live close by, it will result in demand of 120,000 dwelling units. Aerospace SEZ, IT and Hardware Park will occupy 3,000 acres and house Boeing, Airbus and many more
  • Aerospace Park and SEZ, IT and Hardware Park are being developed in 2,991 acres close to southern boundary of BIAL
  • Hardware Park – 850 acres
  • IT Park – 1,156 acres Aerospace Park and SEZ – 984 acres (732 acres + 252 acres) Aerospace SEZ and Park
  • 56 large and mid sized companies have signed up for operations in Aerospace Park
  • Boeing, Airbus and Bombardier have agreed to setup shop in Aerospace Park StarragHeckert and Wipro have already initiated operations in Aerospace Park Hardware Park
  •  Shell,Tata Elxi and many other hardware companies will occupy space in Hardware Park IFCI is also building 50 acres Global Financial District with cost of Rs 1,000 crores in Park IT Park
  • TCS is planning a 100 acre campus in IT Park As per government estimates 250,0001 direct jobs will be generated by Aerospace Park only. Devanahalli Business Park will provide another 309 acres of infrastructure for hospitals, retail and hospitality •
  • Devanahalli Business Park will come up in 309 acres of land adjacent to northern boundary of BIAL • It will be multi use business park • 2 IT parks in 50 acres • Central Business District in area of 35 acres • 3 hospitals in 26 acres • Retail and hospitality in 22 acres • Finance District in 25 acres • Goods assembly unit in 25 acres • Office complex in ~21.5 acres •Aviation academy in 10 acres •
  • Expected investment in the park is ~Rs 9,5001 crores as per government estimates of 2008 • International Convention Centre and Hotel is also planned in 35 acres, adjacent to Devanahalli Business Park. Aerospace, IT & HW park has seen most progress on ground Hardware Park • Contract for construction of 300 acres of Hardware Park given to Ascendas in June 2012 • Construction of Shell Technology Centre in Hardware park began in June 2012 • Construction of IFCI Global Financial District of 50 acres began in Apr 2012 • 5 acres land has been allocated to Siliconhub Techology Solutions in Hardware park Aerospace SEZ • BEML began work on constructing its unit in Aero SEZ in April 2012 • Wipro inaugurated its 7.2 acres campus in Aero SEZ in Feb 2013 Aerospace Park • Aerospace park (Vayu) contracted to Sun Forest City Ventures Ltd. in June 2012 • Starrag inaugurated its 8 acres campus in Jan 2013 • Dynamatic Technologies ground breaking ceremony happened in Feb 2011 IT Park • TCS has acquired 100 acres land in IT park • Bhima Soft Private Limited and Alpine Hospitality has also been allocated land in IT park.Infrastructure development will generate jobs in coming years •
  • Devanahalli is expected to become major commercial and office hub by 2016 – 17

Devanahalli (Kannada: ದೇವನಹಳ್ಳಿ ) previously called ” Devandahalli” “Dyaavandalli” DevanadoddiDevanapura, and Yusufabad) is a town andTown Municipal Council in Bangalore Rural district in the state of Karnataka in India. The town is located 40 kilometres (25 mi) to the north east ofBangalore. Devanahalli is the site of the newly constructed Bengaluru International Airport, the second largest in India. A multi-billion Dollar Devanahalli Business Park with two IT Parks are upcoming on nearly 400 acres (1.6 km2) adjoining the airport. An Aerospace park, Science park, and 1000 Crore Financial City are also upcoming.[1] A new Satellite ring road will connect the city with Doddaballapur. Devanahalli is situated near the upcoming $22 Billion, 12,000-acre (49 km2BIAL IT Investment Region, the largest IT region in India.[2] Total infrastructure development in the area is estimated to be well over US $30 Billion over the next two years. With significant commercial and residential development in the area, real estate is in high demand in the region.

http://en.wikipedia.org/wiki/Devanahalli

Nitesh long island – Location Map

[map width=”590″ height=”365″ lat=”13.27211″ long=”77.728786″ zoom=”15″ type=”map1″ address=”” title=””]

Nitesh long island – Master Plan

Nitesh long island

Nitesh long island – Features

  1. Swimming pool
  2. Kids pool
  3. Tennis court
  4. Dribble court
  5. Cricket practice pitch
  6. Children’s playground
  7. Administration office
  8. Coffee shop
  9. Banquet hall
  10. Crèche
  11. Library
  12. Unisex Saloon
  13. Convenience store
  14. Pharmacy
  15. ATM
  16. Consultation room
  17. Retail
  18. Gym
  19. Yoga/ Aerobics
  20. Health club
  21. Badminton court

Infrastructure Development

  1. Roads
  2. Pedestrian Pathways
  3. Precast Kerbs
  4. RCC drains
  5. Electricity
  6. Water Supply
  7. Sewage system with STP
  8. Storm water drain
  9. Rain water harvesting

Nitesh long island – Price Details

Nitesh long island

List of Banks Approved

  • SBI, AXIS, HDFC, ICICI, and Major Financial Institutions

Plus Points

  • Good for Investment
  • Share Your Views ( Use Comment Box )

Concern

  • Share your Concerns ( Use Comment Box )

About Builder

Nitesh Estates  is an integrated property development company  headquartered  in Bangalore, India. Founded in 2004, has  grown into a company renowned for its classy developments in Office Buildings, Residential, Hotels and Shopping Malls. In a short span of just 8 years Nitesh Estates has brought more than 20 million sq ft of space under development as premium living, working, lifestyle and leisure space- a phenomenal growth fuelled by the resolute and dynamic leadership of its founding Managing Director, Mr. Nitesh Shetty. Today the company is a listed entity on BSE and NSE.

Nitesh long island – Public Poll

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Summary
Project Name
nitesh long island
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Average Rating
4 Based on 1 Review(s)
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Harish Achar is the Founder of Homz n Space. He's a Passionate Real Estate Professional - Core Domain - Bangalore Real Estate Market. Harish is a MBA from IFIM, Bangalore in Marketing & Operations. He has served industry's most Top-line companies like, DLF, Ajmera, Indian Express, Etc. After serving to multiple real estate firms, Harish identifies that; there is a huge gap in addressing homebuyer’s quires, consulting to home buyers & a Market Place for Property Seekers. So, as a Team He decided to start of New Venture - Homz N Space in the year 2011 along with his friends who has similar work experience & with the same vision. Today, as a company, We are proud that, we are the most trusted real estate platform of Bangalore for Home Seekers & we posses Highest number of User Reviews along with live discussions. We are Handling 100 + Real Estate Investors portfolios & We have Helped 1000 + Home Buyers to identify their Dream Home though our consulting Model at free of cost. We have been recognised as most active Marketplace & Channel Partner for Top Builders of Bangalore to showcase their projects on this forum. Google

75 COMMENTS

  1. Generally the Nitesh Developers property will be the fix price, but in LONG ISLAND PLOT project the rates are given on non uniform basis.

    Why Nitesh has made this ploted project if it is really demand area he could have been developed VILLA PROJECT.

    KINDLY COMMENT

  2. Hi,

    Is Nitesh long Island is worj investing 50L now for 60×40 site. What could be the appreciation value in 5 years..Please advice. Thanks

  3. Hi Santosh,

    “Rates are given on non uniform basis” – Means what?

    What is the best negotiate price for this in sft. Please advice

    Thanks

    • Hi Ksk,

      Looking into the price, Location & Configuration of the project…Its really worth investing…Besides, If you see Brigade Orchinds , Hiranandani, Ozone all are large size town ship with mixed development…and recently Hinduja Realty Ventures Plans 115 Acre Township on NH7 Hyderabad highway, appox 10 KM before the Bangalore International Airport…Builders like Sobha, Brigade, Century are having good land banks near BIAL. 5 SEZ’s covering 1500 Acres have been planned near Devanahalli… So, If you see 5 – 7 Yrs down the line drastic developments will be in place and expect more than 150 % appreciation in the land value.

    • Harish,

      One more Q. looks like moneycontrol nad mouthshut etc have different rating or feedback
      on the completion time , quality and customer interaction..How do we assess which one is correct…

    • Hi KSK, As its a plotted development, i feel you should not worry on completion time and quality and when it come comes customer interactions i can only say – Too much information leads to confusion 🙂

  4. Hi harish

    All the major SEZ developments are happening on Cargo road i.e . Bagalur to BIAL. Which is almost 10 km from Nitesh Iong Island project.
    What the apprecition or developments near by this project. Further what is solution for water crisis nearby Devanahalli.

    Is it worth to buy this plot project from Nitesh. If yes what are the reasons.

    Regards
    Vijay

    • Hi Vijaya, Yes, Its Worth to buy plot in Nitesh Long Island. Even though SEZ Developments are happening on Cargo Road. 2500 Acres of SEZ are planned in Devanahalli ( New Bangalore ) and you are banking on Plot not on Apartment. Land Value will always Goes Higher and Higher over period of time and its always easy to Sell too. Projects like Brigade Orchids , Hiranandani are getting Sold Like Hot Cakes and 90 % of Buyers are investors.

  5. Hi Harish,

    Do u think this Area will be livable in 5 -6 yrs time frame for some one who will need to commute to Marathalli every day for work.

    Regards,
    Arjun

    • Hi Harish,

      What is your Opinion about Whitefield Extn near the Varthur Lake.
      Do you think that is a good area. What would be a good price for plots there.
      and what is the scope of appreciation there.

      Regards,
      Arjun

  6. Which one of Nitesh Long Island or Sobha Landscape is better to buy from long term point of view? Nitesh is on highway but 10KM from airport where as Sobha is closer but on IVC road which has narrow entry due to level crossing. Price is almost double for Sobha. getting half the size plot in the same price point. Which is better option?

  7. I came to know that one can only use up to 65-70% of the purchased plot for construction in this project and apparently this is according to BIAAPA. Any idea about this folks? Has anyone verified this with local authority yet?

  8. There is a national highway crossing the Nitesh long island project (in between the project), what about the air pollution and noise pollution that it will create? National highway in between the project might be considered a plus point too but was concerned about air/noise pollution. Any feedback appreciated.

  9. hello harish,
    if we will compare this project to orchid-nirvana by hariyana group which is located on the IVC road in Devanahalli. which is better as per site nirvana looking good. layout structure and all this.
    what say?????

  10. hi harish, thanks a lot for reply but little bit i confused, which will be good as per appreciation, long island on two highways nh 7 and 207 but orchid on IVC road which is rapidly developing and near to rajankunte which is some what develop and less water problem, so what you will give advice , which project is good for 4- 5 year?? one more thing as nitesh is not showing good picture any thing on site but can we assume he is good builder and any how he will handover good END PRODUCT at last. what is your expert advice, which project i should go… plz reply

  11. thanks harish,
    sorry to disturb again, just want one more expert advice as in IVC road other co operative society project(for example health cit etc) is available they r giving site from 665 to 1500 rs / sqfeet , what you will say can go for such project or as always better to bet on good builder like nitesh, goyal builder for future appreciation. what say??
    and i know nitesh but i don’t have any idea about goyal builder(for orchid nirvana), it’s a good builder, can we compare with nitesh…. ur word on this plzzz hint is also ok.

  12. thanks harish, today i went to the project and don’t think i m advertising the project but i really impressed how aggressively they r working on project, i impressed with that and they did some basic things even before launch the project as they launch just 1 month before.
    location wise both r impressive (long island and orchid) , nitesh on NH7 but orchid on IVC road(8-9 km from NH7) but have a lot’s of project on this road. i think both will be good in future but orchid is near to city circle and colleges and school…. this is my view

  13. Hi Harish,
    I am looking at buying a plot in Chartered fireflies in Devanahalli. I am happy with what I have seen but I have a few queries:
    I am planning to hold the plot for about five years. Is there likely to be a significant appreciation in this period.
    What is your opinion of Chatered Housing as a property developer?
    Is the fact that this property is not along the main road or highway but bait on the inside going to prevent property appreciation or demand.
    Many thanks in advance.

    • Hi Vijay,

      Current Avg Appreciation trend at Devanahalli is around 10 – 13 % per year and Charted housing has completed decent projects across bangalore so you can trust the builder. Demand and appreciation will definitely be there in future. I say its better to be bait inside, so that you are free from pollutions

  14. can you please let me which one is good for investment
    price of sobha is almost double to orchids , please suggest which is good for long term investment and returns

  15. HI HARISH CAN U GIVE SOME PROJECT DETAIL OF NITESH LONG ISLAND AS PREVIOUS YEAR THERE WAS SOME ISSUE IN THIS PROPERTY . ACTUALLY I M PLANNING TO BUY HERE. AND WHAT ABOUT APPRECIATION ? AND WHERE THE IT SEZ WILL COME NEAR THIS PROPERTY. ANY NEW INFRASTRUCTURE IS HAPPENING IN NEAR FUTURE. ON THE SAME ROAD

    • Hi Vikas,

      Project had approval issue. Which is sorted out now. Projected Growth Rate is 8 – 10 %. IT SEZ are Proposed with in radius of 7 Kms from the project. As of now there no development happening. You can expect proposed SEZ development progress by Post election.

  16. thanks harish for your valuable feedback. can you suggest any good plot in layout which will be good in locality and chances of multiple in growth in near future actually my time horizon is 5 yrs. (area west or north bangalore only.)

    • Hi Vikas,

      Plots are usually good for long term investment (10 Years). Based on your requirement, I advise you to hold your decision. As we are in process of reviewing one more plotted development at Baglur Main Road. Will update in the website very soon.

  17. Hi Harish, Can you please advise on which of the plots can be a good investment 1) Nitesh Long Island, 2) Sobha Landscape 3) Orchid Nirvana
    Pros and Cons
    1) Nitesh Long Island: Good Location, but lots of doubts being raised on Legalities regarding the JDA. Pls advise
    2) Sobha Landscape: Clear Titles. Good Location but highly priced and small plots as compared to Nitesh & Orchid
    3) Orchid Nirvana: Very Good Layout and Amenities. But quite far from the NH-7 Main Road and might take time for development.

    So, seeing all the above points, Nitesh Long Island is in my wish list but slightly worried about the legalities as it’s a Joint Development. Please advise

    • Hi Ramakrishna P,

      All the Legal Issues of Nitesh Long Island has been sorted out. Based on your requirement I suggest you to consider Nitesh Long Island.

  18. Hi Harish,

    Could you share your comments on the plotted development Skanda Avani in Sarjapur road. Its around 3.5 kms from wipro corporate office.I liked the location very much. Wanted your advise on whether to invest here or in North bangalore from appreciation perspective.Your comments would be really helpful in making a decision.

    • Hi Sarvesh,

      Have you considered the Avani project, can you please share the price details and exact location , how is the approach road to the project.

      Regards

    • Hi Sarvesh,

      I am sorry, We have not reviewed Skanda Avani. So wont be able to comment. I would suggest you to look out for some options in North Bangalore.

  19. Hi Harish, planning to buy a plot at PC Park lane by PC realty, they are quoting a east facing corner ösite at 1625, is it wort it.

  20. I have invested in Nitesh Long Island for a year and now I am backing off. Nitesh has done a shoddy job in this project and the project has not been approved by any other bank than HDFC even after more than 1 year of the project. Nitesh has been doing ad hoc changes and also increasing the prices of things like Power , Club house and Legal mid way. They have created a one sided agreement which is in favor of the builder and not consumers. They have not been able to sell even the complete project after so much of advertising. They will also not handover the club house to the customers and keep it with them for commercial gains however they will take money from buyers to build the club house. All in all a highly avoidable project and a very bad builder.

  21. Hi Harish,

    I am planning to invest in villa plot and/or villa projects ( no row houses ) which are in prelaunch phase. Budget for plot is upto 50 L for villa upto 1.5 Cr.

    Can you please suggest top 3 in both categories in terms best return on investment.

    Thanks,
    Raj

  22. Which is better? Nitesh Long Island or Century Sports Village as a better investment or as an end user perspective.

  23. Hi Harish

    Can you tell why, Nitesh longisland project is not approved by any other bank except HDFC. Any serious concern or issues.

    Thanks & Regards

    Santosh

    • Hi Santosh,

      Its business, HDFC has funded the project and they will at least look for some home loan business. Other bank approvals will be in place after achieving the targeted business.

  24. Hi Harish, could you please tell me among Ozone, Century, Nitesh and Shobha, which one to go for? Nitesh Price is looking attractive but heard there are some legal issues. could you please suggest should I invest and what would be the correct price per sq feet for NLI.

  25. Hi Harish, I am looking to buy a plot near new airport, not sure which places or layouts are best in price, location.Could you please advise .I read your comments above looks Century Sports should be good.Please help me whith best price ,if you could .

    • Hi Karthik,

      They acquire land in phase wise, Usually these kind of project take off subject to;socitey are able to pool money…if not, They will cancel it.

  26. Why Nitesh’s Long Island is taken over by TGS. TGS is quoting 2900 per sq.ft. Is it worth investing in it now. How TGS development will be.

  27. Hi Harish,I had been to Nitesh Long Island.Project seems ok but split between too many roads.NH is coming in between .What if in future National highway gets widened ..will we loose our plots adjacent to highway.And also TGS ios marketing the project and the price they only are not clear about break up….do suggest this property or any other medium range builder around Devanahalli with good developments.Please suggest

  28. Any latest views on investing in this project..Understand that the project is delayed since it was launched in 2013..

Share Your Views & Concerns About this Project