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.

Infrastructure Urban

30 Jul 2026

Centre Clears Power Distribution Upgrade for Uttar Pradesh

The Central Government has approved power distribution projects worth Rs 407.39 billion for Uttar Pradesh under the Revamped Distribution Sector Scheme (RDSS). The investment will be used to modernise the state's electricity distribution infrastructure and strengthen network capacity across urban and rural areas. The package targets one of the country's largest distribution networks as the state experiences rapid urbanisation and rising electricity consumption. Planned interventions include the strengthening of distribution lines, modernisation of substations, replacement of ageing electrical ..

India Data Centres To Consume 191 TWh By 2040 Driving Renewables

A Wood Mackenzie report says India's operational data centre capacity is projected to increase more than fivefold to 12 gigawatt (GW) by 2030 from 2.2 GW in 2025 as artificial intelligence (AI) and cloud computing drive demand. It projects electricity consumption to rise from 10 terawatt-hour (TWh) in 2025 to 191 TWh by 2040. The study forecasts a compound annual growth rate of around 40 per cent and notes AI-dedicated capacity will surge nearly 24-fold from 275 megawatt (MW) in 2025 to 6,546 MW by 2030. The report places India's digital economy at Rs 32 trillion (tn) in 2025 and says it contr..

Hydrogen Train Completes 1,200 Kilometres Of Trials

India's first hydrogen train was flagged off between Jind and Sonipat on July 17 and has travelled over 1,200 kilometres in trials, saving diesel consumption of more than 3,200 litres, a Railway Ministry press release said. The deployment marks the introduction of a zero-emission fuel cell train into route testing and represents a milestone in domestic rail innovation. The train generates electricity onboard through a chemical reaction between hydrogen and oxygen, producing electricity to propel the vehicle while emitting only water vapour as a by-product. There is no smoke and no tailpipe car..