What is the total investment for Central Park's new Gurugram project?

Central Park Estates is investing Rs 2,000 crore in the 'Delphine' luxury housing project.

Where is the new Central Park 'Delphine' project located?

The 'Delphine' project is located in Sector 104, Dwarka Expressway, Gurugram.

When will construction start and end for the Delphine project?

Construction is set to begin in 2026 and is expected to be completed by 2032.

Home / Business and Economy / Central Park Invests Rs 2000 Cr in Gurugram Luxury Housing

Central Park Invests Rs 2000 Cr in Gurugram Luxury Housing

24 Nov

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Summary

Central Park Estates investing Rs 2,000 crore in a new luxury project.
The project 'Delphine' is located in Sector 104, Dwarka Expressway, Gurugram.
Construction begins in 2026, with completion expected by 2032.

Central Park Invests Rs 2000 Cr in Gurugram Luxury Housing

Central Park Estates, part of The Bakshi Group, has announced a substantial investment of Rs 2,000 crore to develop a new luxury housing project in Gurugram. The project, named 'Delphine,' will be situated in Sector 104 along the Dwarka Expressway, a rapidly developing real estate corridor.

This ambitious development will encompass six towers spread across 7.85 acres and will be executed in three phases. The company plans to fund this expansion through a combination of internal accruals and bank loans. Construction is scheduled to begin in 2026, with an estimated completion date of 2032.

The projected sales realization for the 'Delphine' project is Rs 3,500 crore. This investment highlights Central Park's commitment to developing Gurugram as a premier luxury real estate destination, capitalizing on the area's robust infrastructure and increasing investor appeal.