As on December 2, 2009, the company had 17 ongoing and 40 forthcoming projects Established in 2003, BPTP Limited is a real estate firm witnessing rapid growth. The company aims to emerge as a preferred developer and create value for all its shareholders, customers and employees. For this, the company has developed an innovative business strategy, the key elements of which are to emphasise on the property market in the National Capital Region (NCR), develop projects in locations close to planned infrastructure, maintain financial flexibility through lower leverage and provide customers with good, hassle-free buying and owning experience.
 At present, the company has become a trusted name in the NCR, especially in Gurgaon, Faridabad, Noida and Greater Noida markets. Despite recession, the company managed to launch four residential projects (including buildings up to five floors) between July 2008 and September 2009. Location The company is headquartered in New Delhi. Line of Business The company is primarily engaged in building residential and commercial projects. In the residential segment, the company has developed group housing (including both high-rise and standard apartments) luxury villas, integrated townships and plotted development. On the other hand, the company’s commercial projects comprise IT and cyber parks, IT SEZs[i], convenience commercial and retail centres. Subsidiary BPTP Ltd has a subsidiary firm, Vital Construction Private Limited, in which it owns 51% stake and the remaining 49% is owned by the Merrill Lynch International. Currently, the subsidiary firm is developing an IT park in Gurgaon namely BPTP ‘i’ Park. Strengths The five major strengths of the company are as follows:
Projects The company has already developed around 10 million square feet (mn sq ft) of residential and commercial spaces. Till December 2, 2009, the company’s project status was as follows:
Some of the ongoing group housing projects in Faridabad are Park 81, Park Elite Premium, Park Grandeura and Park Floors. The company is also constructing an integrated residential complex in Faridabad, Parklands, which is spread across a mammoth 1,415.49 acres of land. Among the ongoing commercial projects, mention may be made of The Next Door and Park Square in Faridabad.
In addition to this, the company has two forthcoming mixed-use projects in Hyderabad and Gurgaon. Some of the other forthcoming projects are:
Global investors
The company has been able to attract some leading global investors to fund its projects. In this regard, mention may be made of Citigroup Property Investors (CPI), HVIHL, an associate of J.P. Morgan Chase Banks and Merrill Lynch International. Promoter The promoter of the company is Kabul Chawla, who is also the founder and the present managing director. Shareholding Pattern It is a public limited company. Turnover Not disclosed Profitability Not disclosed [i] SEZs – Special Economic Zones
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