Central Park To Invest Rs 20 Billion In New Gurugram Project

26 Nov 2025 CW Team

Realty firm Central Park Estates will invest Rs 20 billion to develop a luxury residential project in Gurugram as part of its expansion strategy. The company, owned by The Bakshi Group of Enterprises — which operates across real estate, infrastructure, hospitality and automotive sectors — has launched its new project ‘Delphine’ in Sector 104 along the Dwarka Expressway.

The project will comprise six towers spread across 7.85 acres and will be developed in three phases. Central Park said the investment of Rs 20 billion will be funded through internal accruals and bank loans. Construction is set to begin in 2026, with completion targeted for 2032.

The development is projected to deliver a sales realisation of Rs 35 billion. “Our entry into Dwarka Expressway is a step towards developing Gurugram’s next luxury hub, where infrastructure, design and investment potential come together seamlessly,” said Amarjit Bakshi, Chairman and Managing Director of Central Park.

Ankush Kaul, President – Sales, Marketing and CRM, noted that the Dwarka Expressway is emerging as a high-value real estate corridor with strong infrastructure and increasing investor confidence.

Central Park Estates has previously developed multiple projects in Gurugram. According to PropEquity, housing sales in Delhi-NCR rose 4 per cent to 10,990 units in the July–September quarter, compared with 10,539 units a year earlier, while new supply fell 8 per cent to 11,936 units from 12,906 units.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..