Latest news with #BPTP
Indian Express
2 hours ago
- Indian Express
RWA, developer clash over safety audits, fees at Gurgaon housing complex where LKG student drowned in pool
Residents of a housing society in Gurgaon's Sector 37D have alleged that the builder has not conducted promised safety audits after the drowning of a five-year-old boy in a swimming pool last year. The BPTP Spacio Residents Welfare Association (RWA) also raised concerns over high maintenance fees and a lack of clear spending breakdowns, as well as inadequate infrastructure, including sewer connections. It said it has complained with various governmental bodies regarding financial improprieties against the builder BPTP. In response, BPTP's maintenance services wing, BPMS, denied the allegations, stating that safety measures are in place and that its fees are among the lowest in the area. It claimed that the current management of the clubhouse and pool falls under Godrej Living and said that all necessary reports have been shared with the RWA. 'The developer's attitude has been nothing but dictatorial,' said Surender Kumar Garg, 54, vice-president of BPTP Spacio RWA. Spacio is among the three BPTP residential projects in Gurgaon's Sector 37D with a common clubhouse in a 43-acre residential complex of 1,300 flats that also includes BPTP's Park Serene and Park Generations. LKG student Mevansh Singla drowned on July 24, 2024, in the main swimming pool in Park Serene in the presence of lifeguards. The main pool was fully reopened in late June for the first time after the incident, but the three RWAs alleged that the promised safety and security audit of the pool and clubhouse, which is part of it, never saw the light of day as it was not shared with them. 'Following the serious incident at the club premises in 2024, it was expected that BPTP would demonstrate accountability and prioritise resident safety. However, the events following the reopening reflect persistent governance lapses and a disregard for collaborative decision-making,' said Hemant Kumar, vice president of Park Serene RWA. 'Forget the audit report being communicated or even done, no formal documentation has been provided to confirm that structural and operational lapses in the pool from the previous year have been fully addressed,' said Satyaveer Sangwan, 37, a resident since 2018. The club has requested Rs 364 as reopening charges from each flat, Park Seren RWA president Sandeep Sharma, 64, said. 'Residents do not mind paying, but are angry about the general opacity. The omission about the pool/clubhouse audit poses ongoing risks and undermines confidence in BPTP's safety protocols,' the retired Air Force Group Captain said. The biggest grievance of the three RWAs is the alleged high common area maintenance fees charged, as well as the online collection system, which they claim does not allow partial payments and has a high convenience fee for digital modes, such as UPI and NEFT. 'It is redundant for specially outstation owners to pay by cheque for each month. The monthly fee of Rs 1,003, after including electricity and water charges, becomes around Rs 1,300,' Sangwan said. The charges continue to be applied without a clear cost breakdown and transparency regarding how revenues from commercial activities within the club—such as fitness classes, a coffee outlet, a restaurant, and the upcoming juice section—are being utilised or offset against resident dues, said Kumar. Further, the sewer and drainage connections have not been installed, and the electricity capacity is currently low, leading to frequent DG set usage, the residents alleged. 'They are just feasting on the delayed payments by collecting exorbitant interest,' Park Generations RWA president Ashwini Singh said. The residents said they have even written to the Reserve Bank of India (RBI), the Securities and Exchange Board of India (SEBI), the Insolvency and Bankruptcy Board of India (IBBI), and the Union government, citing financial improprieties and violations of the Consumer Protection Act. BPMS managing director Shyam Sunder, when contacted, said that the club and swimming pool at 37D Serene are currently operated under the management of Godrej Living, but that they have been regularly sharing all necessary reports. 'Standard safety protocols have been reviewed and implemented in line with good industry practices. Operational responsibility, including safety audits, along with related documentation and disclosures, rests with Godrej Living,' said Sunder. The maintenance and club charges are determined and levied by Godrej Living as part of their management scope, he added. 'The CAM rate applicable for 37D Serene remains at Rs 3.56 per sq ft, which is one of the lowest rates in the vicinity compared to comparable residential communities. Further, BPMS books are audited by SN Dhawan & Co LLP (an affiliate of Mazars, a globally reputed audit and advisory firm). A CA certificate based on these audited books is shared annually. A detailed cost break-up has also been shared with the RWA multiple times to ensure transparency.' He called the claims civic and infrastructural inadequacies unfounded. 'Regarding the allegations of missing infrastructure like stormwater drainage and 33 KVA electrical systems, we categorically state that these systems were either completed or handed over as part of the original development scope. If there are any specific operational issues, we request the RWA to share details for resolution instead of making unfounded claims,' said Sunder. A BPMS official stated that the issues regarding payment collection and the app only pertain to the current RWA, as previous ones had requested a similar mechanism with minor modifications.
Mint
2 days ago
- Business
- Mint
BPTP Launches GAIA Residences – Glass Façade Residential Development on Dwarka Expressway
Gurugram, July 18, 2025: BPTP, a real estate developer in North India, announced the launch of GAIA Residences at Amstoria 102 (HARERA Registration No. RC/REP/HARERA/GGM/963/695/2025/66), marking a development in sustainable vertical living and urban sophistication. This development is a residential project with a glass façade on the Dwarka Expressway. BPTP Group plans to invest ₹ 3,000 crore to develop a 12.05-acre group housing colony adjoining a 140+ acre BPTP ecosystem in Sector 102, Dwarka Expressway, Gurugram. The company anticipates generating a revenue of ₹ 6,500 crore from this development. BPTP is developing this group housing colony in phases, with approximately 1,600 apartments. Located within 12.05 acres of BPTP's larger development, GAIA Residences forms the second phase, following the launch of Amstoria Verti-Greens. The project will include three towers, with 531 3 BHK residences. Sale for one tower is currently paused and will begin after the relocation of an underground HT line. GAIA Residences is designed to appeal to homeowners looking for a blend of architectural excellence, lifestyle convenience, and future appreciation. 'GAIA represents the next chapter in urban luxury — where form meets the purpose, and every detail speaks of elegance, comfort, and conscious design,' said Amaan Chawla, President, BPTP Group. 'We are building for a generation that values both sophistication and sustainability — and GAIA delivers both in abundance.' Key Highlights of GAIA Residences: Located near a 140+ acre BPTP ecosystem Residential Glass Façade on Dwarka Expressway: The towers feature a glass façade designed for thermal efficiency and sound insulation. The towers feature a glass façade designed for thermal efficiency and sound insulation. IGBC Platinum pre-certified: The project is engineered to withstand Seismic Zone V standards . The project is engineered to withstand . Sky Gardens in Each Tower – Vertical Retreats at Every Level These integrated sky gardens offer residents a layered lifestyle experience, including: Yoga Deck at 400 feet Library Lounge at 300 feet Co-working Lounge at 200 feet Club & Landscape Amenities: The project offers approximately 1.75 Lakh Sq. Ft. of amenities, including: Dedicated Club Zones with private theatres, sports bar, bowling alley, arcade, banquet hall, cigar lounge & guest suites Indoor Sports Zone with Pickleball court, squash, and badminton courts and outdoor padel courts Wellness Spaces including a Pilates studio, Turkish hammam, sauna, spa, meditation areas and 4 Swimming pools (two outdoor, one kids pool & one indoor pool) Kids-Centric Amenities such as art & pottery rooms, Lego & robotics labs, dance and music studios, kids' library, and a tuition centre Over 10,800 sq. ft. of fitness zones Design & Engineering: Masterplan & Urban Design by DP Architects, Singapore Interiors by- Blink, Singapore Landscape Architecture by Grant Associates, UK Structural Engineering by Whitby Wood, UK Construction by Grade-A contractor Efficient Tower Planning: Rectangular living-dining layouts for natural light and ventilation Balconies and sky decks in each tower Seven high-speed lifts per core. Location & Connectivity: Direct frontage on Dwarka Expressway Access to IGI Airport, Aerocity, Global City, and New Diplomatic Enclave Proximity to Dwarka Golf Course, IICC, top-tier schools, hospitals & malls Access via the new T3 tunnel and surrounding corridors like SPR, NPR & GCR Platinum-Rated, Zone 5 Compliant Construction Designed for longevity and seismic resilience About BPTP: BPTP is one of India's real estate developers, with a presence in the Delhi-NCR region. The company has delivered over 25,000 homes, as well as several landmark residential and commercial projects with a focus on design, modern architecture, and sustainable living solutions. The company emphasises innovation, customer focus, and developments with amenities. Note to the Reader: This article is part of Mint's promotional consumer connect initiative and is independently created by the brand. Mint assumes no editorial responsibility for the content.
Time of India
5 days ago
- Business
- Time of India
BPTP launches GAIA Residences – first glass façade residential development on Dwarka Expressway
BPTP, one of North India's leading real estate developers, proudly announces the launch of GAIA Residences at Amstoria 102, marking a new era in sustainable vertical living and urban sophistication. This landmark development is the first group housing colony, a residential project with an iconic glass façade on the Dwarka Expressway. The group is proposing to invest ₹3,000 crore to develop a premium 12.05-acre group housing colony adjoining a thriving 140+ acre BPTP ecosystem in Sector 102, Dwarka Expressway, Gurugram and expects to generate a revenue of ₹6,500 crore from this development. The company is developing this group housing colony in phases, comprising around 1,600 apartments. Located within 12.05 acres of BPTP's larger development, GAIA Residences forms the second phase, following the launch of the highly successful Amstoria Verti-Greens . The project will feature three architecturally striking towers, with 531 thoughtfully planned 3 BHK residences, offering future-ready homes for modern families. Of these, sale for one tower is currently frozen and will commence post the shifting of an underground HT line — demonstrating the developer's commitment to regulatory compliance and safety of resident. GAIA Residences is set to attract discerning homeowners looking for a blend of architectural excellence, lifestyle convenience, and future appreciation. 'GAIA represents the next chapter in urban luxury — where form meets the purpose, and every detail speaks of elegance, comfort, and conscious design,' said Amaan Chawla, president, BPTP Group. 'We are building for a generation that values both sophistication and sustainability — and GAIA delivers both in abundance.' Key Highlights of GAIA Residences: adjoining a thriving 140+ acre BPTP ecosystem First residential glass façade on Dwarka Expressway: Iconic glass towers with double-glazed façade to ensure thermal efficiency, enhanced sound insulation, and an unmistakable urban identity. IGBC Platinum pre-certified and engineered to withstand Seismic Zone V standards. Sky gardens in each tower – Vertical retreats at every level GAIA redefines high-rise living with integrated sky gardens offering residents a layered lifestyle experience: Yoga deck at 400 feet – meditate above the city, surrounded by sky and serenity Library lounge at 300 feet – curl up with a book in a calm, elevated setting Co-working llounge at 200 feet – host meetings or work remotely with inspiring views 1.75 lakh sq ft of club & landscape amenities An immersive lifestyle ecosystem that includes: Dedicated club zones with private theatres, sports bar, bowling alley, arcade, banquet hall, cigar lounge & guest suites Indoor sports zone with pickleball court, squash, and badminton courts and outdoor padel courts Wellness spaces – Pilates studio, Turkish hammam, sauna, spa, meditation areas and 4 Swimming pools (2 outdoor, 1 kids pool & 1 indoor pool) Kid-centric amenities – Art & pottery rooms, Leg & robotics labs, dance and music studios, kids' library, tuition centre, and more Over 10,800 sq ft of fitness zones Global-standard design & engineering: Masterplan & urban design - DP Architects, Singapore Interiors - Blink, Singapore Landscape Architecture - Grant Associates, UK Structural Engineering - Whitby Wood, UK Construction - By top-tier Grade-A contractor Highly efficient tower planning: Rectangular living-dining layouts for optimized natural light and ventilation Expansive balconies and sky decks in each tower 7 High-Speed Lifts Per Core to minimize wait times and enhance comfort Unbeatable location & connectivity: Direct frontage on Dwarka Expressway Immediate access to IGI Airport, Aerocity, Global City, and New Diplomatic Enclave Proximity to Dwarka Golf Course, IICC, top-tier schools, hospitals & malls Enhanced access via the new T3 tunnel and surrounding corridors like SPR, NPR & GCR Platinum-rated, zone 5 compliant construction Engineered for longevity and seismic resilience, setting a new benchmark in safe, responsible construction.
Business Standard
01-07-2025
- Business
- Business Standard
BPTP Launches GAIA Residences - First Glass Facade Residential Development on Dwarka Expressway
NewsVoir Gurugram (Haryana) [India], July 1: BPTP, one of North India's leading real estate developers, proudly announces the launch of GAIA Residences at Amstoria 102, marking a new era in sustainable vertical living and urban sophistication. This landmark development is not only the first residential project with a complete glass facade on the Dwarka Expressway, but also a part of BPTP's ~150-acre ecosystem in Gurugram's rapidly growing Sector 102. Located within 12.05 acres of BPTP's larger development, GAIA Residences forms the second phase, following the launch of the highly successful Amstoria Verti-Greens. The project will feature three architecturally striking towers, with 531 thoughtfully planned 3 BHK residences, offering future-ready homes for modern families. Of these, sales for one tower are currently frozen and will commence post the shifting of an underground HT line - demonstrating the developer's commitment to regulatory compliance and resident safety. GAIA Residences is set to attract discerning homeowners looking for a blend of architectural excellence, lifestyle convenience, and future appreciation. "GAIA represents the next chapter in urban luxury - where form meets the purpose and every detail speaks of elegance, comfort, and conscious design," said Amaan Chawla, President, BPTP Group. "We are building for a generation that values both sophistication and sustainability -- and GAIA delivers both in abundance." Key Highlights of GAIA Residences * First Residential Glass Facade on Dwarka Expressway: Iconic glass towers with double-glazed facade ensure thermal efficiency, enhanced sound insulation, and an unmistakable urban identity. * Sky Gardens in Each Tower - Vertical Retreats at Every Level * GAIA redefines high-rise living with integrated sky gardens offering residents a layered lifestyle experience: * Yoga Deck at 400 feet - meditate above the city, surrounded by sky and serenity * Library Lounge at 300 feet - curl up with a book in a calm, elevated setting * Co-working Lounge at 200 feet - host meetings or work remotely with inspiring views * 1.75 Lakh Sq. Ft. of Club & Landscape Amenities * An immersive lifestyle ecosystem that includes: * Dedicated Club Zones with private theatres, sports bar, bowling alley, arcade & guest suites * Indoor Sports Zone with Pickleball court, squash and badminton. * Wellness Spaces - Pilates studio, Turkish hammam, sauna, spa, and meditation areas * Kids-Centric Amenities - Art & Pottery rooms, Leg & robotics labs, dance and music studios, kids' library, tuition centre, and more * Over 10,800 sq. ft. of fitness zones * Global-Standard Design & Engineering: * Masterplan & Urban Design - DP Architects, Singapore * Interiors - Blink, Singapore * Landscape Architecture - Grant Associates, UK * Structural Engineering - Whitby Wood, UK * Construction - By top-tier Grade-A contractor * Highly Efficient Tower Planning: * Rectangular living-dining layouts for optimized natural light and ventilation * Expansive balconies and sky decks in each tower * 7 High-Speed Lifts Per Core to minimize wait times and enhance comfort * Unbeatable Location & Connectivity: * Direct frontage on Dwarka Expressway * Immediate access to IGI Airport, Aerocity, Global City, and New Diplomatic Enclave * Proximity to Dwarka Golf Course, IICC, top-tier schools, hospitals & malls * Enhanced access via the new T3 tunnel and surrounding corridors like SPR, NPR & GCR * Platinum-Rated, Zone 5 Compliant Construction * Engineered for longevity and seismic resilience, setting a new benchmark in safe, responsible construction. BPTP is one of India's most trusted and leading real estate developers, with a strong presence in the Delhi-NCR region. The company has delivered over 25,000 homes, as well as numerous landmark residential and commercial projects that blend cutting-edge design, modern architecture, and sustainable living solutions. Known for its innovative and customer-centric approach, BPTP continues to redefine urban luxury through future-first development, premium amenities, and a commitment to excellence, transparency, and elegant, efficient living.
Hindustan Times
01-07-2025
- Business
- Hindustan Times
BPTP to invest ₹3000 crore to develop a premium housing project in Gurugram
Real estate developer BPTP Group is investing nearly ₹ 3,000 crore to develop a premium glass-façade housing project on Gurugram's Dwarka Expressway, with an expected revenue of ₹ 6,500 crore from sales, the company said in a statement on July 1. Real estate developer BPTP Group is investing nearly ₹ 3,000 crore to develop a premium glass-façade housing project on Gurugram's Dwarka Expressway The project spans 12.05 acres within Sector 102 and forms part of BPTP's larger around 150-acre integrated township ecosystem. It is being developed in three phases and will comprise around 1,600 apartments. The first phase, Amstoria Verti Greens, launched earlier this year, features 885 homes. The recently launched second phase, GAIA Residences, includes 531 glass-façade apartments, with prices starting at ₹ 3.85 crore, the company said. BPTP is positioning this development as part of its broader expansion strategy in Gurugram, capitalizing on the rapid growth along the Dwarka Expressway corridor. 'GAIA represents the next chapter in urban luxury - where form meets the purpose and every detail speaks of elegance, comfort, and conscious design,' said Amaan Chawla, president, BPTP Group. 'We are building for a generation that values both sophistication and sustainability and GAIA delivers both in abundance,' he said. The housing project is expected to include 1.75 lakh sq ft of club and landscaped amenities, offering residents a range of lifestyle features across various levels. Also Read: 109 years in Mumbai, 64 years in Gurugram: Can top earners still afford to own a home in major cities? Highlights include sky gardens in each tower; a yoga deck at 400 feet for peaceful meditation above the city; a library lounge at 300 feet for quiet reading in an elevated setting; and a co-working lounge at 200 feet, the company said in a statement. BPTP has delivered over 25,000 homes, as well as residential and commercial projects across NCR.
