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Data is not available for this company
BPTP, a real estate development company in India, is undertaking a wide range of projects including integrated townships, residential & commercial complexes, retail spaces, IT parks and SEZs.
It has today its presence throughout National Capital Region and beyond including Faridabad, Gurgaon, Noida and Greater Noida . The company is gradually spreading its footprints and now has presence in Hyderabad where it will focus on a mixed use development.
They are involved in residential and
They 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. Their operations are located in close proximity to social and physical infrastructure that has been planned by various government authorities or is under implementation.
They 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, they 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.
Of the total 57 projects, 31 projects are part of Project Parklands, their signature integrated township in Faridabad, which is a â€˜mixed useâ€™ township comprises of residential plots and independent floors, villas, high and low rise group housings, convenience commercial complexes, IT park and an IT SEZ along with other social infrastructure like clubs, hospitals, schools, police post and places of worship. Their Promoter and founder, Kabul Chawla, has vast experience in real estate development industry and been associated with the real estate development business since 1995. Prior to the commencement of construction of their Ongoing Projects, Chawla has, through joint ventures, developed two IT and cyber parks in Gurgaon and NOIDA covering an aggregate of approximately 0.99 million sq ft of Saleable Area and two shopping malls in Delhi covering an aggregate of approximately 0.27 million sq ft of Saleable Area.
Chawla has been primarily responsible for the direction and growth of their business and has been instrumental in identifying their current development projects, including identifying Faridabad as a destination and their signature integrated township project, Project Parklands. Project Parklands is spread across 1,415.49 acres and constitutes 57.99 million sq ft of Saleable Area. Further, they have 101.7 acres of land within Project Parklands which is reserved for the development of social infrastructure such as clubs, hospitals and schools, which they intend to lease on a long-term basis. To enable easy access to and from Project Parklands.
Subsidaries Of the company:-1. ASG Overseas 2. BPTP International Trade Centre 3. BPTP Resort Private 4. Countrywide Promoters 5. Digital IT â€“ Park Infracon 6. Five Star Promoters 7. Foliage Construction 8. BPTP Infrastructure Development Company 9. Garnish Colonisers 10. Genious Promoters & Developers 11. Gracious Buildcon 12. Greenery Buildwell 13. Gateway Infraprojects 14. Lifeline Builders 15. Outlook Infracon 16. Business Park Maintenance Services 17. Remarkable Estate 18. Rose Infracon 19.Super Belts 20. Triangle Builders & Promoters 21. Designer Realtors 22. Vital Construction 23. Well Worth Developers 24. Eventual Real Estate Private Limited25. Imagine Builders Private Limited26. Vision Town Planners Private Limited27. Upkar Realtors Private Limited28. Deligent Real Estates Private Limited
Milestone of the company:-2005 -Company launches its first group housing project â€œFreedom Parklifeâ€ in Gurgaon.
-It initiates and launches plotted development, sells first plot in Faridabad-Company launches its first Group housing project in Faridabad â€œPrincess Parkâ€
2006 -Change of name of the Company to â€˜BPTP Limitedâ€™ -Fiscal 2006 revenue touches Rs. 1,180.84 million .
2007- Indopark Investments Limited, a wholly owned subsidiary of Merril Lynch International, invested USD 27 million in the Subsidiary, Vital Construction Private Limited to develop an IT park at Gurgaon.
-CPI invested Rs.3,225 million to acquire 5.89% stake in the Company.
-Company steps out of NCR for the first time and acquires land in Hyderabad.
-Financial closure of term loan of Rs. 3,865 million and bank guarantee of Rs. 1,832 million achieved for Project Parklands, Faridabad with consortium of seven banks, with Punjab National Bank as the lead banker.
2008 - CPI India invested Rs. 3,990 million in SEZ projects of the associate companies.
-HVIHL, a wholly owned member of JP Morgan Chase & Co. group, invested Rs. 2,150 million to acquire 3.86% stake in the Company. -Company starts delivery of plotted development .
-Company was accorded with â€œBuilding Industry Leadership Award 2008â€ from the Builder Information Bureau, New Delhi.
2009 - Company offers delivery of its first group housing project Freedom Park life at Sector 57, Gurgaon -Company re-aligns its residential project portfolio to low-rise group housing successfully launches three projects â€œPark Elite Floorsâ€, â€œPark Elite Premiumâ€ and â€œPark 81â€ by selling 6,813 units in the period from April 1, 2009 to September 30,2009.
Awards & Accreditations:-2008 -â€œAward for Customer Excellence - Best Engineering, construction and operations sector Implementation â€“ Midsize Enterprisesâ€ from SAP Ace, India.
-â€œBuilding Industry Leadership Award 2008â€ from the Builder Information Bureau, New Delhi