Central Park Sells 85 per cent of Selene Units on Launch Day

17 Jul 2025 CW Team

Central Park has launched Selene, a new luxury residential tower within its Flower Valley township in South Gurugram. Comprising 353 fully furnished serviced studio and one-bedroom residences, the project witnessed 85 per cent of its inventory sold on the day of launch—highlighting robust demand for premium serviced housing in the region.

Selene features four-side open units with a floor-to-floor height of 3.9 metres, offering panoramic views of the Alpha Golf Course and the Aravalli Range. Designed for urban homebuyers prioritising privacy, comfort, and long-term value, the development is positioned as both a lifestyle choice and a sound investment.

With expectations of steady rental yields and capital appreciation, Central Park pointed to the strong returns from its earlier serviced residence ventures.

Chairman and Managing Director Amarjit Bakshi stated, “With Selene, we’ve redefined luxury living. This project challenges conventional residential models and sets new benchmarks in Gurugram.”

Ankush Kaul, President – Sales, Marketing & CRM, added, “Today’s buyers seek more than a home—they want a lifestyle built on trust, quality, and intelligent design. The overwhelming response to Selene validates our approach.”

Strategically located in Sector 32–33, Selene enjoys seamless connectivity to the Delhi–Mumbai Expressway, KMP Expressway, and Golf Course Extension Road, as well as key destinations like Rajiv Chowk, Golf Course Road, and Ambience Mall.

The development offers a wide range of upscale amenities including a retail promenade, poolside lounges, wellness zones, and alfresco dining spaces, all managed by Central Park’s hospitality arm, St. Jerome. The township also features essential services such as The Vedanya School and a Medanta Clinic, ensuring convenience and holistic living for residents.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..