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BPTP has planned to sell its properties worth Rs. 1,700 Crores in the first half of the FY from its three residential ventures which are in Faridabad in the National Capital Region. Back side the improved outlook in the land market, BPTP had sold almost 7,100 units in these three ventures and part of 1,950 acres integrated township ‘BPTP Parklands’. BPTP Director said to www.propertykhazana.com that, “Totally all the 3 ventures are sold and we have sold over 6,100 independent floors from April in 2 ventures. The firm has also sold almost 850 premium apartments has gained incomes Rs. 1,700 Crores by selling these units.” When asked regarding the investment done on these 3 ventures, he said it will be near to Rs. 1,100 Crores and firm will finish these ventures within couple of years.
He further said to www.propertykhazana.com that, “The end-user demand for reasonable residential has been raised from past 5-6 months and this gave back in number of units that company had able to sold in between first and second quarter. Developing independent floors is inexpensive by 45% than constructing high-rise buildings which we gave to the clients.” For more updates on realty market browse www.propertykhazana.com.
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