Central Park To Invest Rs 20 Billion In Gurugram Luxury Project

28 Nov 2025 CW Team

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

The development will comprise six towers spread across 7.85 acres and will be executed in three phases. According to a statement issued on Monday, the investment of Rs 20 billion will be funded through internal accruals and bank loans.

Construction is scheduled to begin in 2026, with project completion targeted for 2032. The company expects an estimated sales realisation of Rs 35 billion from the development.

Amarjit Bakshi, Chairman and Managing Director of Central Park, said the company’s entry into the Dwarka Expressway corridor is a step towards creating Gurugram’s next luxury hub, driven by strong infrastructure, design and investment potential.

Ankush Kaul, President – Sales, Marketing and CRM, added that the Dwarka Expressway is becoming a high-value real estate corridor, backed by robust infrastructure and rising investor confidence.

Central Park Estates has already delivered several projects in the Gurugram market.

According to PropEquity, housing sales in Delhi-NCR rose 4 per cent to 10,990 units during July–September from 10,539 units a year earlier. New supply, however, declined 8 per cent to 11,936 units from 12,906 units.

Resources

05 May 2026

Humanscale Hyderabad Showroom Expands India Presence

Humanscale has opened a 2,300 sq ft showroom and ergonomic experience centre in Hyderabad, strengthening its design footprint in India and expanding its presence in key urban markets.Located in Banjara Hills, the centre showcases a range of ergonomic workplace solutions including task chairs, height-adjustable desks, monitor arms and integrated workstation systems. The facility is an experiential space where architects, designers, and corporate clients can engage with workplace solutions in real-world settings.The centre has been established through Humanscale’s India manufacturing and distr..

Sundaram Home Finance Reports FY26 Growth

Sundaram Home Finance reported a 15 per cent increase in net profit for FY26 to Rs 2.82 billion, compared to Rs 2.45 billion in the previous year, supported by steady growth in disbursements and expansion of its emerging business segment.Disbursements rose 5 per cent year-on-year to Rs 68.42 billion, while assets under management (AUM) grew 14 per cent to Rs 199.09 billion as of March 31, 2026.The company’s emerging business segment—comprising affordable housing finance and small-ticket loans—crossed the Rs 5.0 billion disbursement milestone, reaching Rs 5.9 billion in FY26, up from Rs 2..

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..