Central Park Launches Belanova, Projects ₹1,500 Cr Sales Across FY26–FY27

Gurugram, February 19, 2026: Central Park Estates has launched Belanova, its ultra-luxury singular and unrepeatable venture where superlatively elevated living is immaculately woven with bespoke hospitality. Conceived to rechristen high-rise living, the residential venture has been undertaken with a total project investment of INR 1,200 crore and carries an estimated topline revenue potential of INR 2,500–3,000 crore.

Comprising 124 residences with an average ticket size of approximately INR 25 crore, Belanova is positioned as a rare, low-density vertical estate within the 47+ acre Central Park Resorts ecosystem. The project is funded through project finance and internal accruals, with no institutional investor or private equity participation. Financial tie-ups and home loan approvals have been secured with all major banks including ICICI, HDFC, Canara Bank, PNB and others, reinforcing capital strength and buyer confidence.

The company has outlined a calibrated monetisation roadmap for the project. It expects to achieve approximately INR 500 crore in FY26 through a private offer to friends and family, followed by an estimated INR 1,000 crore in FY27, reflecting strong demand visibility in the ultra-luxury segment. Revenue recognition and cash flow generation have already commenced, supported by approximately 25 per cent sold stock along with new sales momentum.

The development is scheduled for completion by July 31, 2026, with the formal launch aligned with the opening of Club Belanova in March–April 2026, during which a limited number of expressions of interest are being considered. Belanova follows a phased pricing strategy designed to reward early participation, with pricing set to increase by 7–10 per cent after every 10 units sold, strengthening its value-appreciation proposition over the sales cycle.

Sharing his thoughts at the launch, Ankush Kaul, President – Sales, Marketing & CRM, Central Park, said, “On a Monopoly board, Park Lane and Mayfair are not merely properties; they symbolise rarity, centrality, and enduring value. As we conceptualised Belanova, that ‘top-of-the-board’ philosophy guided our thinking. This is not just another luxury tower; it is a rare offering designed for those who value craftsmanship, discretion, and legacy. Belanova is meant to stand apart quietly, commanding its place through substance rather than noise — a residence that truly belongs at the very top in real life.”

Rajit Sardana, President – Hospitality, Central Park, added, “Belanova is our promise to embedding world-class hospitality within residential living. When hospitality becomes bespoke, living gets superlatively elevated. Today’s luxury consumers have transcended beyond square footage; they seek experiences, sensorial delight, service excellence, and a sense of belonging. With over 170 curated amenities and access to a diverse club ecosystem, we are delivering the depth of an ultra-luxury resort within the privacy of one’s home. It is hospitality not as an add-on, but as the very foundation of the living experience.”

Speaking about the execution of the venture, Mr. Vikram Singh, President – Projects, Central Park stated, “From private lift lobbies and dual lifts per residence to the 13-feet floor heights and expansive balconies, every design decision at Belanova has been guided by precision and purpose. We approached this venture as a vertical estate, ensuring privacy, structural integrity, and architectural proportion at every level. The result is a development that seamlessly integrates engineering excellence with lifestyle sophistication.”

Strategically located adjacent to the elevated Sohna carriageway with direct connectivity to NH-48, Belanova offers swift access to IGI Airport, Golf Course Road, Rajiv Chowk, Millennium City Centre Metro Station and key commercial districts. With Belanova, Central Park introduces not merely a residential haven, but a curated life shaped by architecture, service excellence, and global experiences, positioning it as the true showstopper within its portfolio and a defining landmark in ultra-luxury bespoke hospitality led living.