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NITCO appoints Hines India Real Estate as development manager

NITCO has entered into a Non-binding term sheet to appoint Hines India Real Estate as a Development Manager for providing end to end services for office/mixed use development on 4 acre plot at Kanjurmarg, Mumbai with a development potential of around 1.3 million sq. Ft. of leasable / saleable area.

The roles and responsibilities of the development manager will include Construction Services, Leasing and Marketing of the project and Asset Management post construction phase.

NITCO is an India-based company, engaged in the manufacture and marketing of ceramic tiles (wall and floor), Naturoc (gres porcelain tiles), vitrified tiles, marble, as well as real estate development.

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