BPTP Group to invest Rs 3000 cr to build 12-acre project in Gurugram

New Delhi, Jul 1 (PTI) Real estate company BPTP Group will invest Rs 3000 crore to develop a premium housing project in Gurugram as part of its expansion plan.

The company is developing a 12.05-acre project at Sector 102 on Dwarka Expressway, Gurugram comprising around 1,600 apartments.

BPTP is developing this project in three phases. The company launched first phase 'Amstoria Verti Greens' earlier this year comprising 885 homes.

Recently, BPTP launched the second phase 'GAIA Residences' comprising 531 apartments. The prices of apartments are Rs 3.85 crore onwards.

"GAIA represents the next chapter in urban luxury...We are building for a generation that values both sophistication and sustainability and GAIA delivers both in abundance," BPTP Group President Amaan Chawla said in a statement on Tuesday.

A company official said that the total cost of this project is estimated at around Rs 3,000 crore.

The entire project is scheduled to be completed in 5-6 years.

BPTP is one of the leading real estate developers in Delhi-NCR. It has delivered over 25,000 homes as well as commercial projects. The company has a strong presence in Faridabad and Gurugram markets of Delhi-NCR.

According to real estate data analytic firm PropEquity, housing sales in Delhi-NCR rose 16 per cent to 11,703 units in April-June 2025 from 10,114 units in the year-ago period.

New supply stood at 13,823 units in the second quarter of this year, up 37 per cent from 10,084 units in the year-ago period. PTI MJH HVA