BPTP Group to Invest $360 Million in Luxury Gurugram Project
22 Feb 2025
2 Min Read
CW Team
In a major push to Gurugram鈥檚 luxury real estate market, BPTP Group is set to invest Rs 30 bilion ($360 million) in its latest high-end residential project, Amstoria Verti-Greens. The developer expects to generate Rs 65 billion ($780 million) in revenue from the project.
Spread across 12.05 acres along the Dwarka Expressway, the development will be executed in three phases. The first phase, spanning 9.43 acres, has received approval from the Haryana Real Estate Regulatory Authority (RERA) and is currently underway.
Premium Design & Amenities
The introductory price of the project is Rs 19,000 per sq ft, offering 885 housing units along with a 1.55 lakh sq ft club and landscaped amenities. The high-rise project will feature custom-designed 2 & 3 BHK residences, 15 sky gardens across five towers, and a four-apartments-per-floor layout.
鈥淭he RERA-approved first phase encompasses an area of 9.43 acres. It would include 885 housing units, along with a club and landscape amenities totalling 1.55 lakh square feet,鈥� said Amaan Chawla, president of BPTP Group, in a company statement.
Each tower will house seven high-speed lifts and exceed standard earthquake resistance norms. The company emphasized its focus on sustainable living through the integration of vertical gardens and premium amenities.
鈥淭he integration of vertical gardens and premium amenities within the towers makes this a truly unique development,鈥� Chawla added.
In a major push to Gurugram鈥檚 luxury real estate market, BPTP Group is set to invest Rs 30 bilion ($360 million) in its latest high-end residential project, Amstoria Verti-Greens. The developer expects to generate Rs 65 billion ($780 million) in revenue from the project.
Spread across 12.05 acres along the Dwarka Expressway, the development will be executed in three phases. The first phase, spanning 9.43 acres, has received approval from the Haryana Real Estate Regulatory Authority (RERA) and is currently underway.
Premium Design & Amenities
The introductory price of the project is Rs 19,000 per sq ft, offering 885 housing units along with a 1.55 lakh sq ft club and landscaped amenities. The high-rise project will feature custom-designed 2 & 3 BHK residences, 15 sky gardens across five towers, and a four-apartments-per-floor layout.
鈥淭he RERA-approved first phase encompasses an area of 9.43 acres. It would include 885 housing units, along with a club and landscape amenities totalling 1.55 lakh square feet,鈥� said Amaan Chawla, president of BPTP Group, in a company statement.
Each tower will house seven high-speed lifts and exceed standard earthquake resistance norms. The company emphasized its focus on sustainable living through the integration of vertical gardens and premium amenities.
鈥淭he integration of vertical gardens and premium amenities within the towers makes this a truly unique development,鈥� Chawla added.
Next Story
Reliance, Diehl Advance Pact for Precision-Guided Munitions
Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..
Next Story
Modis Navnirman to Migrate to Main Board, Merge Subsidiary
Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..
Next Story
Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025
The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..
