THIS
MAN, KABUL CHAWLA
KabulChawla BPTP is the promoter and founder of Business
Park Town Limited. He is currently its Chairman and Managing Director. Kabul Chawla BPTP has various responsibilities as Managing Director. He is
responsible for growth, operations, and upcoming prospects. Since its
beginning, Mr. Chawla has been connected with the company.
Mr. Chawla had more
than sixteen years of experience in the sector of real estate and played a
major role in numerous successful projects and different parts of the real
estate field. Kabul Chawla BPTP has
been involved in the past in the
building of 2 shopping malls named “Shop in Park, North” and Shop in Park,
East” located in North Delhi and East Delhi. He played also a major role in the
construction of 2 IT parks called “Park Central” in Noida and Gurgaon. Mr.
Chawla completed his basic formation from Dayal Singh College in Karnal.
He began the company
from scratch and constructed a name for himself in less than 5 years. His
colleagues in the real estate sector describe him as a dynamic constructor who
understood very well each aspect of the sector including design, law, and
construction. Kabul Chawla BPTP is a
religious man who takes regularly trips of thanksgiving to numerous holy places
such as the sanctuary of Vaishnodevi after a huge deal.
The official website of
Business Park Town Planners Limited lists around 6 commercial projects and
eighteen residential projects in the National Capital Region. The objective of Kabul Chawla BPTP is to set up the
company as the most admired and trusted real estate firm in India. When he
started the company, Mr. Chawla had only 20 employees less than ten years ago.
Under his dynamic leadership, BPTP grew in 2011-12 to a turnover of Rs 1,400
crore. The net worth of Mr. Chawal is estimated around Rs 2,071 crore.
Business Park Town Planners
Limited, based in Gurgaon, is functioning in Noida in Uttar Pradesh and in
Gurgaon and Faridabad in Haryana. The company is sitting currently on a prima
land bank of more than 2,500 acres in the prestigious Faridabad and Delhi NCR
area. A recent release revealed that the company was executing more than 12
projects on almost 2,500 acres. The projects produced sales of $1.65 billion.
Mr. Chawal is from a
business family and BPTP was his maiden course in the real estate industry. His
interest in this sector came probably from the Tanejas who are his
family-in-law. The Tanejas run a real estate company named TDI group that
implemented major projects in Sonepat. Even though his family does not have
roots in politics, some reports revealed that Kabul Chawla BPTP has connection with the Congress Party and he is
close to the constructor-friendly Bhupinder Singh Hooda government. Business
Park Town Planners Limited has numerous investors. According to the official
website of the company, the investors who partnered with Mr. Chawal are Kotak
Investment Advisors Ltd, Kellorzo Holdings CO from Cyprus, Harbour Victori
Investments Holdings Ltd that an affiliate of the J.P Morgan Chase
group, and many other investors.
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