Sector 42, on Gurgaon's Golf Course Road, is where the Central Park brand was built. In 2001, Amarjit Bakshi started a real estate company with the brand name Central Park, which is currently known for its ultra-luxury residential spaces with an established presence in National Capital Region. His visionary efforts were crowned with the overwhelming success of Central Park Golf Course Road, the first luxury condominium of the famed Golf Course Road in Gurgaon. Before towers, clubhouses and resort-style layouts became a familiar vocabulary along this stretch, Central Park I set the template here, on a 14.5-acre parcel in Sector 42.
Central Park 1 is spread across 14.5 acres, with 407 grandly-designed 1/2/3/4/5 BHK apartments and penthouses in Sector 42 on Golf Course Road, Gurgaon. Completed in 2014, it offers ready-to-move-in residences. An unmatched emphasis on quality of life has helped Central Park I stand out even today, although Gurgaon is now replete with residential developments catering to a similar clientele.
Central Park operates as part of a larger Delhi-based family enterprise. Amarjit Bakshi, a first-generation entrepreneur and an alumnus of IIT-Delhi, has been the driving force behind the company's growth, which is part of the larger Delhi-based conglomerate, the Bakshi Group. Central Park is a Gurgaon-based real estate developer, part of the Bakshi Group of Enterprises, a legacy name across real estate, infrastructure, hospitality, and automotive industries. The group's non-real-estate businesses, including automotive component manufacturing, gave it the balance-sheet depth to fund large landscaped developments at a time when most Gurgaon builders were still working with standard mid-rise formats.
What started in Sector 42 was scaled deliberately rather than replicated. The success continued with Central Park Resorts, a large scale resort style residential community with vast green spaces and luxurious interiors, and with multiple phases almost sold out the project is a testimony to the company's strength in the market. Central Park Resorts in Sector 48, Gurgaon, is a landmark spread across 47.5 acres, designed on a low-density concept with 20 acres of open greens. The same brand later moved into Sohna, where Central Park Flower Valley is a premium residential township located in Sector 32 and 33, Sohna road, South Gurgaon, Haryana. Central Park has over 10.9 million sq ft of existing development and another 65 million sq ft planned across hospitality, leisure, recreation, commercial and upscale residential sectors. Institutional capital took note early: in March 2008, the company entered into a private equity placement agreement with UK-based Ashmore Investment Management Limited.
Central Park I sits within the stretch of Sector 42 that borders DLF Phase 5, the original core of Golf Course Road's luxury identity. The project is located in Sector 42, Golf Course Road, DLF Phase 5, Gurgaon. Sector 42 is a luxury locality situated in Gurgaon, near Sector 54 Gurgaon, Golf Course Road and DLF Phase 5. Connectivity within the corridor is anchored by the metro line running along Golf Course Road: the Sector 42-43 metro station and Sector 53-54 metro station contribute to making Sector 42 accessible to other parts of the city. For daily commutes into Gurgaon's principal office district, DLF Cyber City is roughly a 4-minute drive from this part of Sector 42.
Healthcare and retail infrastructure sit within a few minutes of the address. Fortis Memorial Research Institute is about a 4-minute drive and Artemis Hospital Gurgaon around 7 minutes away. Horizon Mall, Arjun Nagar market and Qutub Plaza are also located nearby. The Indira Gandhi International Airport link varies by traffic and route, with estimates ranging from roughly 15-20 minutes on a clear run to over half an hour during peak hours.
Sector 42's Golf Course Road pocket has been one of the steadier appreciation stories in Gurgaon's luxury segment. Average property rates per square feet in Sector 42 for flats stood around Rs 66,100 per sq ft, with flat rates changing by 3.2% in the last 1 year, 54.3% in the last 3 years, and 199.8% over the last 5 years. Sector 42 offers apartments at an average price of Rs 68,750 per square foot, with a 7.3% year-on-year change. Within this, Central Park I itself has tracked the broader trend upward: during Q3 2025, average property prices for Central Park I moved from Rs 27,750 per sq ft to Rs 29,200 per sq ft, a 5.23% rise.
For anyone evaluating Central Park in this locality, the appeal is less about a single new launch and more about buying into the address where the developer's brand identity was first established on Golf Course Road, inside a matured, low-turnover pocket of Sector 42 that continues to sit alongside some of Gurgaon's most recognised residential names. The developer's subsequent projects, from the resort-style community in Sector 48 to the Sohna township, have all built outward from the design and landscaping principles first tested on this 14.5-acre site.
