BPTP are a real estate development company with operations primarily in various parts of the NCR, including Gurgaon, Faridabad, NOIDA and Greater NOIDA. BPTP are involved in residential and commercial real estate development projects ranging from integrated townships, plotted development, group housing consisting of high rise and low rise apartments and villas to other commercial properties including district and convenience commercial and retail centres, IT and cyber parks and IT SEZs. BPTP operations are located in close proximity to social and physical infrastructure that has been planned by various government authorities or is under implementation.
BPTP are the largest real estate development company in the Gurgaon-Faridabad-NOIDA market in terms of the number of apartments launched and sold, and the third largest real estate development company in terms of the sq ft launched and sold, in each case during the period from January 2005 to July 2009 (source: PropEquity). During the period from July 2008 to September 2009, BPTP launched four residential projects in the low-rise segment (which includes buildings up to five floors) and sold 7,398 apartments constituting 8.7 million sq ft of Saleable Area, and one residential project in the mid-rise segment (which includes buildings up to seven floors) and sold 774 apartments constituting 0.8 million sq ft of Saleable area in Faridabad. |
