New Delhi-based BPTP is a real-estate developer and the main focus area of the company is national capital and adjoining area. The company informed the market that it has filed a DRHP to the market regulator for floating its IPO for raising Rs 1500 crore. It seems that similar to others, the developer is also taking advantage of booming market conditions.

Key property markets such as Mumbai and Delhi have seen a return of demand for homes and offices in the last few months, and a massive stock market rally since March has boosted share-sale plans of cash-strapped Indian real estate firms.

A number of Indian developers, including Emaar MGF, Lodha Developers, Nitesh Estates and Godrej Properties, have already hit the market or are working on plans to sell shares in the next few months.

Related posts:

1. DB Realty IPO : Filed papers to raise Rs 1500 cr DB Realty is a Mumbai based builder informed the...
2. Oberoi Constructions IPO : plans to raise Rs 1,000-crore Oberoi Constructions, one of India’s most prominent real estate...
3. VLCC IPO : Plans to raise Rs 100 crore VLCC is a Delhi based wellness firm. The company...
4. Sahara Prime City IPO : Plans to raise Rs 3500 crore Sahara Prime City (SPCL) is a real state subsidiary...
5. Neptune Developers IPO : Plans to raise Rs 495 crore Neptune Developers is a Mumbai-based realty firm. The company...

Related posts brought to you by Yet Another Related Posts Plugin.