Central Park Launches Belanova, Targets Rs5 bn in FY26

20 Feb 2026 CW Team

Belanova sits within a 47+ acre resort environment and has been funded through project finance and internal accruals without institutional investor or private equity participation. The development has secured home loan approvals from major banks including ICICI, HDFC, Canara Bank and PNB, which the company said will reinforce buyer confidence. The venture carries an estimated topline revenue potential of Rs25–30 billion (Rs25–30 bn).

Central Park outlined a calibrated monetisation roadmap that targets Rs5 billion (Rs5 bn) in FY26 through a private friends-and-family offer, followed by an expected Rs10 billion (Rs10 bn) in FY27, reflecting demand visibility in the ultra-luxury segment. Revenue recognition and cash flow generation have commenced, supported by approximately 25 per cent sold stock and fresh sales momentum. Pricing will be phased to reward early participation with increases of seven–10 per cent after every 10 units sold.

Completion is scheduled for 31 July 2026 with the formal launch timed to coincide with the opening of Club Belanova in March–April 2026, during which the company will consider a limited set of expressions of interest. Executives emphasised that the development embeds hospitality as a core component of residential living and that the project aims to deliver a resort-like experience with more than 170 curated amenities and club access. The project head noted design decisions intended to ensure privacy and proportion, including private lift lobbies, dual lifts per residence, 13-feet floor heights and expansive balconies. The company said the phased pricing and limited inventory are intended to strengthen value appreciation for early purchasers.

Central Park Estates has launched Belanova, an ultra-luxury residential venture developed within the Central Park Resorts ecosystem and positioned as a low-density vertical estate. The project carries a total investment of Rs12 billion (Rs12 bn) and comprises 124 residences with an average ticket size of Rs250 million (Rs250 mn) per unit. The company described Belanova as a singular, bespoke offering intended to recalibrate high-rise luxury living. Belanova sits within a 47+ acre resort environment and has been funded through project finance and internal accruals without institutional investor or private equity participation. The development has secured home loan approvals from major banks including ICICI, HDFC, Canara Bank and PNB, which the company said will reinforce buyer confidence. The venture carries an estimated topline revenue potential of Rs25–30 billion (Rs25–30 bn). Central Park outlined a calibrated monetisation roadmap that targets Rs5 billion (Rs5 bn) in FY26 through a private friends-and-family offer, followed by an expected Rs10 billion (Rs10 bn) in FY27, reflecting demand visibility in the ultra-luxury segment. Revenue recognition and cash flow generation have commenced, supported by approximately 25 per cent sold stock and fresh sales momentum. Pricing will be phased to reward early participation with increases of seven–10 per cent after every 10 units sold. Completion is scheduled for 31 July 2026 with the formal launch timed to coincide with the opening of Club Belanova in March–April 2026, during which the company will consider a limited set of expressions of interest. Executives emphasised that the development embeds hospitality as a core component of residential living and that the project aims to deliver a resort-like experience with more than 170 curated amenities and club access. The project head noted design decisions intended to ensure privacy and proportion, including private lift lobbies, dual lifts per residence, 13-feet floor heights and expansive balconies. The company said the phased pricing and limited inventory are intended to strengthen value appreciation for early purchasers.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Infrastructure Transport

30 May 2026

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Infrastructure Urban

30 May 2026

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..