subject: Greater Faridabad: The Area Of Bptp The Resort [print this page] Greater Faridabad is the region which is commonly referred to as Nehar Paar (literal meaning, across the river) among the locals. It is being developed with an objective to provide residential, commercial and office spaces for the people for enabling their settlement in a region which lies between Greater Noida and Faridabad. At the same time, Greater Faridabad will also be very close to the Faridabad bye-pass road which will connect Delhi-border with the township of Ballabhgarh and the adjoining industrial areas. This will also ease the pressure on land of Faridabad and Delhi and will provide affordable housing options to the people. For these locational advantages of Greater Faridabad, many private builders have set up real estate projects of all types in this region. The projects include the residential, commercial, office, retail and other spaces for living, working and amusement purposes of the people. BPTP is one of these private builders who have a range of projects coming up in the region.
BPTP is an acronym for Business Park Town Planners, a conglomerate of leading builders who have committed to develop several real estate projects in the Delhi-NCR region. It was set up in 1995 with the aim of providing commercial establishments to the people. Citibank also has equity interest in BPTP through its real-estate division. In 2003, it turned its focus to this region. However, it also operates in Delhi, Noida, Faridabad and Gurgaon. BPTP the resort is one of these projects which spans over an area of 10.82 acres. This BPTP resort Faridabad has been developed to cater to a market which aspires for living in the resort-like luxury.
Coming in varied areal expanse of 1300, 1500, 1650, 1750 and 1875 square feets, these are two and three bedroom properties, with or without the additional servant room. BPTP the Resort falls within the perimeter of the larger Parlands area. Proximity to the upcoming malls, shopping centers, Metro rail line and road expressways connecting townships of Ghaziabad, Noida and Greater Noida are expected to add value to the properties here by providing all urban amentities to the residents.
With population expected to rise in the Faridabad which does not have many apartments buildings like its neighbouring cities such as Delhi or Gurgaon, Greater Faridabad is expected to meet this need of people since a number of housing project from developers are coming up in this region. Affordability is another important factor which is turning this region into an avenue of investment for future growth. Even the government is fully awake to the potential of this area and is committed to providing all infrastructure support, be it roads, drainage, electricity and water.
With spacious apartments and a modern living, BPTP resort Faridabad aims to target the niche segments of population for whom luxurious living at economic prices is highly desirable. So, locational and economic reasons are responsible for seeing high investments by people with an aim to live in peaceful and posh surroundings or to generate profitability for investment in future.