BPTP Group’s Countrywide Promoters Secures 5.24 Acre Plot

With the upcoming completion of the 26.7 kilometer Dwarka Expressway, the surrounding neighborhood has become one of the most sought-after micro markets in the National Capital Region.

According to documents accessed by CRE Matrix, Countrywide Promoters, a subsidiary of developer BPTP Group, paid Rs 87.27 crore for a 5.24-acre plot in Gurugram near the Dwarka Expressway.

The sale deed was executed on November 16, 2023, and the company paid a stamp duty of Rs 6.11 crore for the deal.

According to the records, the land was purchased from Vikram Rana and Paramjeet Rana of Bijwasan village in New Delhi. The site is located in Chauma village in Gurugram’s Sector 113, close to the Dwarka Expressway, which is expected to open soon.

The opening of the 26.7 km Dwarka Expressway, connecting Dwarka in New Delhi to the Kherki Dhaula toll plaza in Gurugram, has made this area a hotspot in the National Capital Region. Many new projects have sprung up in recent years because the improved connectivity has made it a popular choice for real estate development and investment.

This is the latest in a string of major transactions in the NCR. Aamor Inox paid Rs 87.5 crore to Mastcraft Properties in South Delhi’s Rangpuri in September 2023 for 12 bighas of farmland and a home.

Also that month, Laxmi Devi Agarwal, the wife of Devkinandan Agarwal, the proprietor of GR Infraprojects, paid Rs 86 crore for a 1,200 square-yard bungalow in Vasant Vihar, a prominent Delhi locality.

In February 2023, a 2,160-square-foot bungalow in Delhi’s affluent Golf Links neighborhood was purchased for Rs 160 crore in the name of Vasudha Rohatgi, wife of former Attorney General of India Mukul Rohatgi.
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