BPTP Ltd has officially entered a joint development agreement to launch a premium residential project in Sector 39, Surajkund. This expansion involves an 11-acre land parcel secured through its subsidiary, Urban Realtech Pvt Ltd. The project is designed to deliver a massive developable area exceeding 2 million square feet. This move aligns with a broader trend of developers adopting asset-light models to scale operations without the heavy capital expenditure of outright land purchases. **Market Context & Connectivity** Faridabad is currently undergoing a structural transformation. The most significant catalyst is the proposed Gurugram–Faridabad–Noida Namo Bharat RRTS corridor. This ₹15,000 crore infrastructure project is expected to slash travel times across the NCR, repositioning Faridabad as a primary residential hub rather than just an affordable alternative. Property values in the region are already responding to these upgrades. Recent data indicates that plot prices in certain Greater Faridabad sectors have appreciated by nearly 400% over the last five years. **Key Figures & Sector Data** - Surajkund project size: 11 acres - Total developable area: 2 million+ sq. ft. - Average property rates in growth sectors: ₹5,000 – ₹8,000 per sq. ft. - Recent price appreciation in key pockets: Up to 33% annually - Infrastructure investment: ₹15,000 crore for regional rapid transit **Rising Demand for Luxury** The Faridabad market is shifting from mid-segment housing toward lifestyle-oriented communities. While affordable housing starts have slowed due to rising construction costs (up 25%–30%), demand for premium 3 BHK and 4 BHK units remains high, currently making up 54% of buyer inquiries. Surajkund is positioned as a differentiated micro-market. Its proximity to the Delhi border and the scenic Aravalli ecosystem makes it a preferred choice for high-net-worth individuals and professionals seeking larger homes with better natural integration. **Operational Updates** The Haryana government is further supporting this real estate surge with digital reforms. A pilot for faceless property registration is scheduled to launch in Faridabad by March 2026, aiming to streamline transactions and improve transparency for investors. This latest development by BPTP Ltd strengthens its existing NCR portfolio, which already includes massive townships and LEED-certified commercial hubs. The project is expected to set new benchmarks for density and luxury in the Surajkund corridor.