About BPTP

Overview

We are a real estate development company with operations primarily in various parts of the NCR, including Gurgaon, Faridabad, NOIDA and Greater NOIDA. We 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. Our operations are located in close proximity to social and physical infrastructure that has been planned by various government authorities or is under implementation. Our Promoter, Mr. Kabul Chawla, identified Faridabad as an area of potential growth for development and conceptualized BPTP Parklands, our integrated township. We began acquiring substantial land in Faridabad from 2005 and received licenses for the majority of this land from 2005 to 2008, which helped us to quickly realign our projects from plotted development to independent floors and allowed us to launch and sell our projects during challenging market conditions in 2008 and 2009. We believe that we have been able to successfully convert a relatively undeveloped region into a destination with a mix of residential, commercial and social infrastructure development in our ‘BPTP Parklands’ integrated township and we intend to continue further development on our land in Faridabad as well as to replicate this Faridabad model in other areas of the NCR. Our Promoter and founder, Mr. 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 our Ongoing Projects, Mr. 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. Mr. Chawla has been primarily responsible for the direction and growth of our business and has been instrumental in identifying our current development projects, including identifying Faridabad as a destination and our signature integrated township project, BPTP Parklands.

Our Company was originally incorporated under the Companies Act on August 11, 2003 as “Business Park Town Planners Limited” under the Companies Act and received the certificate for commencement of business on August 19, 2003. The name of our Company was changed to “BPTP Limited”, since we were commonly referred to and known as “BPTP” by our customers, sales organizers and public at large, pursuant to a special resolution of the shareholders of our Company dated July 17, 2006 and a fresh certificate of incorporation was granted to our Company by the RoC on September 16, 2006.