BPTP buys Merrill Lynch’s stake in Gurgaon project
No Comments Sub Category:Uncategorized Posted On: Jan 05, 2012
BPTP, a renowned real estate developer has bought Merrill Lynch’s stake in its Gurgaon property.
The developer buys 49% of Merrill Lynch stake in the Gurgaon Crest office complex for Rs 180 crore.
In 2007, Merrill Lynch had invested Rs 100 crore in the project.
Even BPTP has its own office in the same complex.
This amount of Rs 180 crore is among the Rs 270 crore raised by BPTP by giving lease rent in the same building.
Source: The Economic Times
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BPTP, Developer, Gurgaon, Gurgaon Crest, Gurgaon project, Lease, Lease rent, Merrill Lynch, Merrill Lynch's stake, New Delhi, Office complex, Office complex in Gurgaon, Project, Real-estate developer, Realty News, Rent
