NITCO secures order of Rs 45 cr from Prestige Group, now totals Rs 261 cr order in 6 months

Mumbai – 24 June 2025: NITCO Limited, one of India’s most reputed names in premium surface solutions, has announced the receipt of an additional Letter of Intent (LoI) from Prestige Estates Projects Limited for tiles worth ₹45 crore. With this, the total value of confirmed and ongoing orders from Prestige Group has now reached an impressive ₹261 crore — further strengthening the long-term partnership between the two industry leaders.

This latest order adds to earlier confirmed deals valued at ₹216 crore, and will be executed over the next 12 months across several marquee residential and commercial projects in cities including Bengaluru, Hyderabad, Kerala, Mumbai, Pune, and NCR.

Mr. Vivek Talwar, Chairman and Managing Director of NITCO Limited, said, “The continued trust from Prestige Group reflects the confidence they have in NITCO’s product quality, execution capabilities, and design-led approach. We are proud to be associated with a developer that places a strong emphasis on thoughtful design and uncompromising standards.”

Prestige Group’s continued reliance on NITCO for their expansive developments underscores NITCO’s growing influence as a partner of choice for sophisticated and high-end surface solutions.

This momentum follows NITCO’s recent project wins, including significant orders from Hindustan Associates and earlier phases of the Prestige Group engagement, further reinforcing the company’s growing presence in India’s real estate sector.