Tag: BPTP

Latest StoriesResidential

BPTP to Invest ₹1,200 Crore in Gurugram Residential Project

NEW DELHI: BPTP is set to invest approximately ₹1,200 crore to develop the Downtown 66 residential project in Sector 66, Gurugram, with a projected gross development value of around ₹2,500 crore. The project, situated along Golf Course Extension Road, will feature 504 residences in 3BHK and 3.5BHK layouts. Prices are expected to start at ₹5.32 crore. Architectural and interior design is overseen by AEDAS, with Coopers Hill serving as the landscape consultant. Additional consulting firms involved include RWD1, Manish Consultant, RSMS, ATN Consultants, Sanelac, and Proion. Published On May 26, 2026 at 03:00 PM IST Join a community of over…

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MediaTek Rents 1.04 Lakh Sq Ft in Noida for ₹144 Crore

NEW DELHI: BPTP has leased around 1.04 lakh sq ft of office space to MediaTek, a Taiwan-based semiconductor firm, at its Grade-A commercial site, Capital City in Sector 94, Noida. This site marks MediaTek’s second research and development (R&D) center in India. The estimated transaction value, based on the agreed commercial terms, is approximately ₹144 crore over a 10-year period. A spokesperson from MediaTek stated, “The new R&D facility in Noida aligns with our goals to enhance our talent pool and bolster our research capabilities.” BPTP Capital City offers about 7.80 lakh sq ft of office and mixed-use space, designed…

Latest StoriesResidential

BPTP to Invest ₹1,100 Crore in Greater Faridabad Housing

Representative AI image NEW DELHI: BPTP is set to invest approximately ₹1,100 crore to launch a residential project in Sector 80, Greater Faridabad, with an estimated gross development value (GDV) of ₹1,800 crore. The project, named Skynest, will consist of 325 residential units spread across two high-rise towers. It will feature 3BHK and 4BHK apartment configurations, with sizes ranging from 3,185 sq ft to 3,856 sq ft. This development will be part of BPTP’s wider portfolio in the NCR, where the company has ongoing residential and mixed-use projects in Faridabad, Gurugram, and Noida. The completion of the project is planned…

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…