Real estate developer Central Park Estates, based in Gurugram, is set to invest a whopping 2,000 crores in creating a new luxury residential project on the Dwarka Expressway area as a part of their regional expansion plan. The housing project named 'Delphine' is situated in Sector 104 and is going to be built on a land of 7.85 acres that comprises six towers spread over three phases.
The company conveyed in its statement, that the entire money required for the investment will be raised through bank loans and the company's internal accruals. It is expected that work on the site will begin in 2026 and the project will be completed by 2032. The turnover estimate from this real estate development is approximately 3,500 crores which is an indication of a very good residential market for the luxury segment in the corridor.
Amarjit Bakshi, Chairman and Managing Director of Central Park, expressed the strategic wise decision of entering the Dwarka Expressway: “Our entry into Dwarka Expressway is a step towards developing Gurugram's next luxury hub, where infrastructure, design and investment potential come together seamlessly.
”The company is confident that the expressway area will present a perfect blend of infrastructure and investor enthusiasm over the long haul. Principal - Sales, Marketing, and CRM, Central Park, Ankush Kaul, commented, “Dwarka Expressway is emerging as a high-value real estate corridor with robust infrastructure and growing investor confidence.”
Central Park Estates, The Bakshi Group of Enterprises' flagship company, has a diversified portfolio across the real estate, infrastructure, hospitality, and automotive sectors.
Recently, PropEquity, a data analytics firm has reported a slight rise in housing sales across Delhi-NCR. The sales volume rose by 4% to 10,990 units in the July–September 2025 quarter, compared to 10,539 units in the corresponding period of the previous year. But the new stock has gone down by 8% to 11,936 units from 12,906 units previously, indicating a market that is getting tighter for well-located and quality residential projects.
It is the company's ambition that through Delphine, Central Park will be able to tap into the rising need for top-notch luxury homes in Gurugram, most notably along the new corridors such as Dwarka Expressway, which is recording rapid growth in terms of infrastructure, connectivity, and investment. The staged development plan will also enable the company to handle its finances effectively and at the same time meet different segments of luxury home buyers.
The announcement by the company comes at a time when Dwarka Expressway is in the limelight as one of the fastest-growing real estate corridors in the NCR, and a number of developers have their eyes set on the area for residential and commercial projects. The massive investment by Central Park Estates not only is a potential step forward in the corridor towards the creation of a dream housing locale but also indicates the growing confidence in long-term growth in this area.
Image- centralparkdelphine.com
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