Team OpulnzAbode: 01-11-2024, 15:15: Read Time – 2mins
The highly anticipated launch of the 26.7 km Dwarka Expressway has ignited a surge of interest in nearby real estate markets, and leading developer BPTP Group has capitalized on this momentum. Through its subsidiary, Countrywide Promoters, BPTP Group has acquired a 5.24-acre plot in Sector 113, Gurugram, close to the Dwarka Expressway, in a strategic move to expand its presence in one of the most sought-after micro-markets in the National Capital Region (NCR).
According to documents reviewed by CRE Matrix, a reputable real estate analytics firm, Countrywide Promoters purchased the plot for Rs 87.27 crore. The sale deed was finalized on November 16, 2023, and the transaction included a stamp duty payment of Rs 6.11 crore. According to the official documents, the seller of the plot was Vikram Rana and Paramjeet Rana of Bijwasan village, New Delhi.
BPTP Sector 113 New Launch Details:
Prime Location in Sector 113 Gurgaon
Situated in Chauma village, Sector 113, Gurugram, the newly acquired land is ideally positioned to benefit from the expressway’s imminent opening. The expressway is set to significantly enhance connectivity and accessibility between Delhi, Gurugram, and beyond. The Dwarka Expressway is expected to reduce travel times and improve the surrounding areas’ infrastructure, making Sector 113 a prime location for residential and commercial projects.
A Strategic Investment
This acquisition reflects BPTP Group’s strategic approach to tapping into high-potential real estate pockets within the NCR. With increased demand for housing and commercial spaces anticipated in this area, BPTP’s investment aligns with the surge in interest among homebuyers and investors looking to secure properties along the rapidly developing Dwarka Expressway corridor.
BPTP Group’s Vision for Growth
With a strong track record of developing luxury and premium projects across Delhi NCR, BPTP Group aims to leverage this newly acquired plot to cater to the market’s evolving needs. While the group has yet to officially comment on the acquisition or disclose its development plans for the site, industry experts anticipate that this plot will be instrumental in BPTP’s upcoming residential or commercial ventures, given its proximity to the expressway and key NCR hubs.
Conclusion
The 5.24-acre land acquisition in Sector 113 signifies BPTP Group’s commitment to growth and expansion in the NCR. With the Dwarka Expressway set to become operational soon, the surrounding areas are poised for transformation, making this purchase a timely and strategic move. As BPTP Group gears up to create value for its customers, this acquisition marks another step forward in the developer’s journey to deliver top-tier real estate offerings in India’s capital region.
