Central Park Estates is a Gurgaon-based real estate developer, part of the Bakshi Group of Enterprises — a group with cross-sector interests in real estate, infrastructure, hospitality, and automotive industries. Its residential story in Gurgaon begins in 2001, when its first project, Central Park I, a pioneering upscale condominium on Golf Course Road, sold out within a short span of time since its launch. That early sell-out established two things that have defined the developer ever since: a concentration on Gurgaon and a deliberate positioning at the upper end of the market.
Central Park has delivered 5.5 million sq. ft. across luxury residential property in some of the most prime locations in Gurugram. Today its active footprint spans three distinct corridors of the city — Sohna Road in Sector 48, South Gurgaon's Sohna in Sectors 32/33, and the Dwarka Expressway in Sector 104 — meaning a buyer choosing Central Park can find the developer's product regardless of which part of Gurgaon suits their commute or lifestyle.
What separates Central Park's product positioning from most residential developers in NCR is a structural link to hotel operations. The Bakshi Group of Enterprises owns several hotels, and that ownership ensures hospitality expertise runs through Central Park's residential concepts. In practice this means in-house concierge services, resort-style amenity programming, and managed common areas that operate more like a five-star property than a conventional housing society. Having established a reputation in premium residential projects, Central Park has extended its expertise into the hospitality domain — launching upscale serviced apartments and a luxury hotel in Gurgaon, with others planned across the country. The group now spans Gurugram, Delhi, and Goa.
Central Park Resorts in Sector 48 is a landmark spread across 47.5 acres, designed on a low-density concept with 20 acres of open greens. The project features five-star concierge services, an underground parking tunnel, a dedicated Khalsa security force, and curated amenities including a mini-theatre, banquet hall, badminton and tennis courts, jogging tracks, and a mini golf area. Multiple phases — Bellevue, Belgravia, and The Room — have been delivered across more than two decades. Phase I of Central Park Resorts sold out in a record period of two days, a benchmark that cemented the developer's reputation for demand-driven launches.
Within this same ecosystem, Central Park is now delivering its most ambitious residential statement. Belanova is among the key ventures in Central Park Estates' portfolio, which includes Delphine at Dwarka Expressway, Central Park at Golf Course Road, Central Park Resorts, and Central Park Flower Valley.
Realtor Central Park Estates launched Belanova, an ultra-luxury residential project in Gurugram, with an investment of about ₹1,200 crore, expected to generate ₹2,500–3,000 crore in total revenue potential. Belanova features 124 residences, each with an average ticket size of around ₹25 crore, and is part of the 47-acre Central Park Resorts ecosystem. The project is funded through internal accruals and project finance, without institutional investor or private equity participation — an uncommon structure for a project of this scale.
The 124 dwellings are distributed across G+34 floors, with 3, 4, and 5 BHK units designed for refined urban living — a low-density gated community delivering maximum privacy, space, and exclusivity. Sizes start from 4,328 sq. ft. and go up to 6,583 sq. ft. Belanova offers over 170 curated amenities, private lift lobbies, dual lifts per residence, and floor-to-ceiling heights of approximately 13 feet, alongside access to a broader club ecosystem.
The project's location — near the elevated Sohna corridor with connectivity to NH-48, IGI Airport, Golf Course Road, and key commercial hubs — is expected to support long-term value appreciation. Belanova follows a phased pricing strategy designed to reward early participation, with pricing set to increase by 7–10% after every 10 units sold.
Central Park Flower Valley is spread over 500-plus acres with a 70% open area, incorporating flamingo floors, clover floors, cerise floors, aqua front towers, fleur villas, The Room, and Mikasa plots. Nestled adjacent to the Aravallis, this gated community is positioned around the concept of spring season all year long. The township is located in the low-density zone at the Aravalli foothills — a planning constraint that ensures unobstructed hill views for residents within the community.
Central Bignonia Towers is the ultra-luxury apartment component within Flower Valley. Buyers can choose from spacious 3 and 4 BHK apartments ranging from 3,805 sq. ft. to 5,581 sq. ft. Soaring to G+48 and G+38 floors, two towers offer views of a serene water body. Set within the expansive green oasis of Flower Valley, Bignonia Towers features an advanced fitness centre, exclusive clubhouses for each tower, a peaceful yoga room, rejuvenating spas, a mini-theatre, banquet hall, badminton and tennis courts, jogging tracks, and a mini golf area.
Bignonia Towers is strategically situated in Sector 32-33, South of Gurgaon, on the Gurugram-Sohna Elevated Corridor, close to the Delhi-Mumbai Expressway, five minutes from the KMP Expressway, 12 minutes from Rajiv Chowk, and 40 minutes from IGI Airport. The township features three schools — including Vedanya High School — and residents will have access to upcoming healthcare facilities including Medanta, integrated within the township's medical ecosystem.
From a pricing perspective, Bignonia Towers represents the ultra-luxury apartment segment within Flower Valley. 3 BHK apartments start from approximately ₹6.09 crore, while 4 BHK apartments range from approximately ₹8.70 crore to ₹9.00 crore-plus at around 5,581 sq. ft. Prices have recorded approximately 2% quarterly appreciation in recent cycles due to limited premium supply.
Central Delphine at Sector 104 represents Central Park's third geographic bet in Gurgaon — the Dwarka Expressway corridor. Dwarka Expressway is creating a new urban growth spine, not just improving connectivity but enabling entirely new residential and commercial districts to develop around it. Since the opening of the Dwarka Expressway corridor, investment in the Gurgaon real estate market has soared, significantly improving Delhi-to-Gurgaon connectivity. Central Park's presence here through Delphine gives buyers a third entry point into the developer's Gurgaon portfolio — one timed to the corridor's maturing infrastructure rather than its speculative early phase.
The Gurgaon real estate market has shown resilience, with average property prices rising from around ₹7,500 per sq. ft. in 2019 to ₹19,500 per sq. ft. by 2024 — a 160% increase. In 2025, appreciation continued at 12–18% year-over-year, driven by limited supply and NRI demand. Within this broad city trend, Central Park's projects sit in three of the city's highest-demand micro-markets.
Gurugram continues to drive significant activity in the real estate sector, representing over 60% of the total inventory sold in the NCR in both value and volume. Demand is largely from High Net-Worth Individuals, NRIs, and wealthy professionals seeking larger residences — 3 BHK and higher — that offer a variety of facilities with a focus on health and holistic living. This buyer profile maps directly onto what Central Park has always built: low-density, hospitality-serviced, amenity-heavy communities at scale.
Gurgaon has more than 1,000 companies — from start-ups to international names such as Google, Microsoft, IBM, and Deloitte. That corporate density creates both the employment base that sustains housing demand and the senior professional demographic that forms Central Park's primary buyer pool. Buyers increasingly prefer RERA-compliant, branded developers with proven delivery records — a shift in market dynamics that structurally benefits a developer with Central Park's 25-year history in the city.
Central Park's record across its Gurgaon portfolio is relevant context for buyers evaluating its current launches. Central Park Flower Valley construction is complete, with the township having reached completion in December 2021. Central Park builders has 23 residential and commercial projects in its portfolio, all in Gurgaon. For an active project like Belanova, financial tie-ups and home loan approvals have been secured with all major banks including ICICI, HDFC, Canara Bank, and PNB. The absence of institutional private equity in funding — Belanova is being funded through internal accruals and project finance — is consistent with how the group has financed prior launches within the Resorts ecosystem.