BPTP to raise Rs 1,500 cr
Real Estate

BPTP to raise Rs 1,500 cr

Delhi-based real estate firm BPTP had filed Draft Red Herring Prospectus (DRHP) with the market regulator SEBI to raise Rs 1,500 crore to develop its existing and future projects. Out of the total amount, Rs 459.4 crore will be used to fund the construction and development projects in its Park Elite Floors at Faridabad.

BPTP has 17 ongoing projects with a saleable area of 39.39 mn sq ft and 40 forthcoming projects with an area of 57.14 mn sq ft. The firm has a total land-bank of about 2,000 acre in Faridabad, Gurgaon, Noida, Greater Noida and Hyderabad.

Contact: BPTP Ltd Website: www.bptp.com

Delhi-based real estate firm BPTP had filed Draft Red Herring Prospectus (DRHP) with the market regulator SEBI to raise Rs 1,500 crore to develop its existing and future projects. Out of the total amount, Rs 459.4 crore will be used to fund the construction and development projects in its Park Elite Floors at Faridabad. BPTP has 17 ongoing projects with a saleable area of 39.39 mn sq ft and 40 forthcoming projects with an area of 57.14 mn sq ft. The firm has a total land-bank of about 2,000 acre in Faridabad, Gurgaon, Noida, Greater Noida and Hyderabad. Contact: BPTP Ltd Website: www.bptp.com

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