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Central Park to infuse Rs 1,000 cr in Gurugram housing project

Monday, 10 Feb 2020

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Central Park will make an investment of 1,000 crore to develop a luxury housing project in Gurugram, Haryana.

The company will develop over 500 housing units in the 13 acre housing project 'Bellavista', which is part of nearly 50 acre township 'Central Park Resorts' in Gurugram. Central Park has already launched the first tower comprising 360 studios and one bedroom apartments starting at Rs 1.76 crore.

The second tower, having around 150 units, will be launched in the next three-four months. The total built-up area of these two towers is around 10 lakh sq ft. In the township, the company has so far developed more than 1,500 units in three phases. This is the fourth phase.

Central Park has delivered 5.5 million sq ft of residential and hospitality projects. It has over 10.9 million sq ft of existing development and another 12 million sq ft of planned projects in Gurugram, Delhi and Goa.