Nambiar Builders

Overview
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
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.
Notable Projects
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
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
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.
Challenges
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.

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