BPTP to invest Rs 4,150 crore in SEZ

New Delhi: Real estate company BPTP Group has said that it is investing Rs 4,150 crore in SEZs across India, according to a press release. It recently received approval from the Board of Approvals for setting up two product-specific Special Economic Zones – one in Gurgaon and the other in Faridabad for IT and IT enabled services through its subsidiaries Perpetual Infracon Pvt Ltd and Gracious Buildcon Pvt Ltd. The company proposes to develop and make operational in the next two years. Commenting on the development, Mr Kabul Chawla, Managing Director, BPTP, said: “It will cater to the need of IT companies intending to set-up their facility in North India in the next two years when these facilities would be up and running.”