India, April 21 -- BPTP Limited will invest close to Rs.1,100 crore in a luxury residential project in Greater Faridabad, where apartments are expected to be priced from around Rs.4.48 crore onwards. The company has pegged the project's estimated gross development value at about Rs.1,800 crore.

Located in Sector 80, the project, Skynest, will comprise 325 units of 3 BHK and 4 BHK configurations, spread across twin residential towers rising to approximately 150 metres. Apartment sizes will range between 3,185 sq ft and 3,856 sq ft. The development will incorporate green building practices along with lifestyle and community amenities.

The company expects to generate revenues of around Rs.1,800 crore from the project. While the developer d...