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G_Rider · 03-05-08

BPTP is in big trouble for its Noida land deal. It has requested the Noida Authorities to extend the date for depositing the 2nd installment out of the total Rs 5006 crore. It was earlier banking on PE funds and equity market listing but those backups back fired as markets have corrected in the last 3-4 months. I think big developers like Unitech or DLF will come into the picture and save the face of BPTP by becoming a majority investor in this project located in sector 95, Noida.

03-05-08	#2
G_Rider New Member Join Date: Oct 2006 Posts: 16 Thanks: 0 Thanked 0 Times in 0 Posts	BPTP in Big Trouble BPTP is in big trouble for its Noida land deal. It has requested the Noida Authorities to extend the date for depositing the 2nd installment out of the total Rs 5006 crore. It was earlier banking on PE funds and equity market listing but those backups back fired as markets have corrected in the last 3-4 months. I think big developers like Unitech or DLF will come into the picture and save the face of BPTP by becoming a majority investor in this project located in sector 95, Noida.