Tag: BPTP

Latest StoriesResidential

BPTP Partners on 11-Acre Residential Project in Surajkund

NEW DELHI: BPTP, through its wholly-owned subsidiary Urban Realtech, has formed a joint development partnership with the landowner to create a residential group housing project on nearly 11 acres in Sector 39, Surajkund, Faridabad. Kabul Chawla, the chairman and managing director of the company, stated, “We believe this project has the potential to enhance our regional portfolio and deliver long-term stakeholder value.” The proposed project is set to encompass a developable area exceeding two million square feet. Published On Feb 22, 2026 at 05:00 PM IST Join a community of over 2M industry professionals. Subscribe to our newsletter for the…

Latest StoriesRegulatory

ED Conducts Searches on BPTP in Delhi-NCR

NEW DELHI: On Tuesday, the Enforcement Directorate conducted searches at locations linked to real estate firm BPTP across Delhi-NCR as part of an investigation into a foreign exchange violation case involving approximately Rs 500 crore, according to official sources. The searches were carried out at BPTP’s premises in Delhi, Noida, and Faridabad under the Foreign Exchange Management Act (FEMA). A probe revealed that BPTP received over Rs 500 crore in foreign investments pursuant to the “automatic route” from companies based in Mauritius during the 2007-2008 period, allegedly violating existing FEMA regulations, as per ED sources. A spokesperson for BPTP stated…

Latest StoriesResidential

BPTP to Invest ₹3,000 Crore in Dwarka Expressway Project

NEW DELHI: BPTP has unveiled GAIA Residences, a new residential project located along the Dwarka Expressway, with an investment goal of ₹3,000 crore and projected revenue of ₹6,500 crore. This initiative is part of a larger ~150-acre development, representing the second phase of the Amstoria project. The 12.05-acre project will feature three high-rise towers consisting of 531 units of 3BHK residences. One of the towers will be opened for sales at a later date, pending the relocation of a high-tension electricity line. The average price for units in the project starts at ₹3.85 crore. Published On Jul 3, 2025 at…