Nitco Secures Major Tile Order from Prestige Estates Projects

Nitco has received a significant tile supply order from Prestige Estates Projects, underlining the company's robust product quality and execution capabilities in the real estate sector.

NitcoPrestige EstatesReal EstateTile SupplyConstructionReal EstateJun 23, 2025

Nitco Secures Major Tile Order from Prestige Estates Projects
Real Estate:Nitco has secured a letter of intent (LoI) from Prestige Estates Projects for an additional tile supply order valued at approximately Rs 45 crore. This latest order brings the total cumulative order value from Prestige Estates to around Rs 261 crore. The entire order is expected to be executed over a period of twelve months.

The company has emphasized that this development highlights a strong domestic business environment and reinforces the confidence that prestigious real estate developers such as Prestige Estates have in Nitco’s product quality and execution capabilities. This additional order not only solidifies the growing partnership between the two companies but also reflects the sustained demand in the premium construction and interiors sector, particularly in tiles and surface solutions.

Nitco’s strategic focus on strengthening its business-to-business (B2B) relationships and enhancing its footprint in high-value real estate projects across India is evident from the continued flow of large-scale domestic orders. The company’s commitment to delivering high-quality products and services has made it a preferred supplier for many leading real estate developers.

Prestige Estates Projects is one of India's leading real estate developers, known for its high-quality residential and commercial projects. The company’s collaboration with Nitco is a testament to the mutual trust and confidence between the two organizations, which is crucial in the competitive real estate market.

The tile and surface solutions market in India is experiencing significant growth, driven by increasing urbanization and a rising demand for premium construction materials. Nitco’s ability to meet the stringent requirements of developers like Prestige Estates underscores its position as a leader in the industry.

In conclusion, this latest order from Prestige Estates Projects is a significant milestone for Nitco, further solidifying its position in the premium construction and interiors sector. The company’s continued focus on quality and customer satisfaction is expected to drive its growth in the coming years.

Frequently Asked Questions

What is the value of the latest tile supply order from Prestige Estates Projects?

The latest tile supply order from Prestige Estates Projects is valued at approximately Rs 45 crore.

What is the total cumulative order value from Prestige Estates to Nitco?

The total cumulative order value from Prestige Estates to Nitco is around Rs 261 crore.

Over what period is the entire order expected to be executed?

The entire order is expected to be executed over a period of twelve months.

What does this order signify for Nitco's relationship with Prestige Estates?

This order signifies a growing partnership and reinforces the confidence that Prestige Estates has in Nitco’s product quality and execution capabilities.

What is Nitco's strategic focus in the real estate sector?

Nitco’s strategic focus is on strengthening its B2B relationships and enhancing its footprint in high-value real estate projects across India.

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