In 2001, Nitesh got an opportunity to invest in the barren land where his billboard was already standing. This was a turning point when he ventured into the property development business.

Banks waved off a young businessman with big dreams and little money. However, two prominent banks (Dhanalakshmi Bank and Corporation Bank) had been of exceptional help in his formative years. The first big break came when the then Board of Dhanalakshmi Bank sanctioned him the required loan to put up a building on a property on M.G. Road.

Hence, in 2003, he made his maiden foray into the property development business with 2 office buildings, one after the other, on prime M.G. Road and then the property business grew exponentially. This is where he built Nitesh Land, now an integrated property development company for office buildings, luxury residences (rental), retail projects and more.

He was one of the first few to attract FDI in India with large institutions like Och Ziff, Citi, Apollo, Goldman Sachs investing in his companies. Nitesh Land has also bagged a USD 25 million project from ITC Limited, a 40 billion Indian conglomerate and one of India′s top five corporates, to build top-end condominiums in Jakkur, Bangalore.

In 2015, Nitesh acquired a distressed shopping mall in Pune from an Israeli billionaire along with Goldman Sachs and turned it around with overall refurbishments and new tenants. Nitesh exited it in 2019.

In 2020, post-pandemic, the company decided to exit the mass housing business and focus only on commercial and rental real estate.

At present, Nitesh Land is a well-recognised luxury real estate brand, known for its global architecture designs, cutting-edge facades, classy interiors, sophisticated landscaping and attention to detail across its developments. Setting new standards in India’s real estate, the company has earned a stellar reputation for its dedication to the development of superior quality properties distinguished by their first-class amenities.