Nambiar Builders
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Company type | Private |
---|---|
Industry | Real estate |
Founded | 2009 |
Founders | Ramesh Nambiar, Ratheesh Nambiar, Rajesh Nambiar |
Area served | India |
Key people | Ramesh Nambiar, Ratheesh Nambiar, Rajesh Nambiar |
Products | Residential villas, gated communities |
Overview
[edit]Nambiar Builders Private Limited is a real estate development company based in Bangalore, Karnataka, India. Founded in 2009 by Ramesh Nambiar, Ratheesh Nambiar and Rajesh Nambiar, the company specializes in constructing and developing premium villas and residential properties. It operates across several real estate verticals, focusing on luxury housing solutions for high-net-worth individuals.
Awards and recognition
[edit]Nambiar Builders has been recognized for its contributions to the real estate sector and has received several awards for excellence. Some of the notable awards include:
- Indywood Built-in-India Excellence Award – Recognized for outstanding performance and innovation in real estate development.[1]
Notable projects
[edit]The company's projects often feature premium amenities, modern architecture, and sustainable design elements. Nambiar Builders is known for creating luxury villas that integrate nature with urban living, offering resort-style housing for affluent customers.
Subsidiaries
[edit]Nambiar Builders manages its operations through multiple subsidiaries:
- Sentrise Constructions LLP
- Urban Space Projects Pvt Ltd
- Ensemble Projects Pvt Ltd
- Homeland Resorts Pvt Ltd
Financial performance
[edit]Nambiar Builders has been rated by leading credit rating agencies in India. CRISIL assigned a "BBB-/Stable" rating to its loan facilities, reflecting moderate creditworthiness. However, Brickwork Ratings and other agencies have reported difficulties in obtaining timely financial updates from the company, resulting in the withdrawal of certain ratings due to non-cooperation.[2]
Challenges
[edit]Although the company has expanded its portfolio in the luxury real estate market, it has encountered issues related to financial disclosures. In 2019, Brickwork Ratings withdrew its rating due to a lack of cooperation.[3]
References
[edit]- ^ "Indywood Built-in-India Excellence Awards". Retrieved 2024-10-16.
- ^ "Brickwork Ratings – Withdrawal of Rating". Retrieved 2024-10-16.
- ^ "Credit Rating Report - Nambiar Builders". Retrieved 2024-10-16.
- "It's raining deals at the Great Times Property Festival". The Times of India. 2020-02-10. Retrieved 2024-10-17.
- "Enphase India and U-Solar install rooftop PV plants in Bengaluru". Energetica India. 11 November 2021. Retrieved 2024-10-17.
- "Koramangala-based web start-up HomeBuy360 hits home run in real estate". The Economic Times. 2012-04-16. Retrieved 2024-10-17.
- "Six reasons why you should watch 'Khasaakinte Itihaasam' play in Bengaluru". The News Minute. 2016-04-04. Retrieved 2024-10-17.
- "Enphase looks to tap 10% of rooftop market in next 2 years". The Economic Times. 2022-02-25. Retrieved 2024-10-17.
External links
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