Central Park

What Central Park does

Central Park (operating entity: Sweta Estates Pvt. Ltd.) is a Delhi-NCR based luxury real estate developer founded in 2001 as the real estate vertical of the Bakshi Group conglomerate. The company develops concept-based luxury residences across Gurugram (Sector 48, Sector 42 Golf Course Road), Sohna (Flower Valley, 196.736 acres), Dwarka Expressway, Delhi, and Goa, with a portfolio spanning high-rise apartments, villas, independent floors, penthouses, serviced studios, and plotted developments. Its core differentiator is the 'Homes Fused with Hospitality' proposition, which embeds five-star hospitality services (concierge, housekeeping, valet, 24/7 security) and resort-style amenities (1.20 lac sq ft clubhouses, Olympic pools, wellness centers, spas, organic orchards) into residential developments, supported by the in-house Crystal Town facility management arm.

The company sells through a direct-to-consumer motion via on-site sales offices and model apartments, with pricing ranging ₹20,000 to ₹1,50,000 per sq ft across unit sizes of 800-4,000 sq ft. Revenue derives primarily from one-time residential and commercial property sales, supplemented by recurring facility management fees, leasing services (notably for expatriate tenants at Bellavista), and the group's hospitality operations (Le Meridien, A Loft under Marriott partnerships). GTM relies on a content-marketing-heavy blog/SEO strategy, experiential events (flower shows, festivals, celebrity performances), and an NRI-focused service portal targeting overseas Indian buyers. The company carries GRIHA 4 Star green certification and RERA registrations across eight-plus projects.

Central Park is privately held, family-controlled, and embedded within the Bakshi Group, whose diversified operations include Oriental Structural Engineers (US$2.00 Billion asset base, 39 airfields, 7,600 km of highways), Baxy Engines (automotive), and Vedanya (education, launched 2021). No external private equity or venture capital is disclosed. Leadership is concentrated in the Bakshi family, with founder Amarjit Bakshi as Chairman and Managing Director, alongside directors Kanwaljit Singh Bakshi, Sanjit Bakshi, and Shiv Bakshi.

Name

Central Park

Legal name

Sweta Estates Pvt. Ltd.

Website

https://centralpark.in

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

251–500 employees

Short description

Central Park is a privately held luxury residential developer in Delhi-NCR, founded 2001 as part of the Bakshi Group, building concept-based homes fused with five-star hospitality across Gurugram, Sohna, Dwarka Expressway, Delhi, and Goa for affluent HNW, NRI, and expatriate buyers.

Ownership category

akta.pro rank

Product category

Luxury Residential Real Estate

NAICS

New Housing For-Sale Builders (236117), Lessors of Residential Buildings and Dwellings (53111), Traveler Accommodation (7211)

SIC

General Bldg Contractors - Residential Bldgs (1520), Land Subdividers & Developers (No Cemeteries) (6552), Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Luxury Villas & Residences Resorts (THAGACAM)

akta.pro secondary industries

Executive & VIP Corporate Housing (THAMAHAF), Luxury Serviced Residences (THAGAEAJ), Luxury Vacation Homes & Residences (THAMAEAB), Villas & Luxury Estates (THAMAAAC)

Keywords

• Luxury residential development
• Integrated township projects
• Hospitality-integrated homes
• Real estate developer
• Facility management services

Headquarters

HQ city

Haryana

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Infrastructure, Operations, Personnel, Marketing or Sales

Revenue model

1. Residential Property Sales: Sale of luxury residential properties including apartments, villas, independent floors, penthouses, and plotted developments across multiple projects in Gurugram, Delhi, and Goa
2. Commercial Property Sales: Commercial real estate development and sales within integrated townships
3. Hospitality Services: Five-star hospitality services integrated into residential properties including concierge, housekeeping, and facility management services
4. Facility Management Services: Crystal Town facility management services providing maintenance, security, and hospitality services to residents
5. Property Leasing: Leasing services for residential and commercial properties, including assistance for expat tenants at Bellavista

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Central Park develops and sells luxury residential real estate — apartments, villas, independent floors, penthouses, plotted developments, and integrated townships — primarily across Gurugram, Delhi, and Goa. Its defining proposition, branded 'Homes Fused with Hospitality,' bundles five-star hospitality services (concierge, valet, housekeeping, 24/7 security) and resort-style amenities (clubhouses, swimming pools, wellness centers) into the residential offering. The company also provides post-sale facility management (Crystal Town) and leasing services for residential and commercial properties.

Product overview

Central Park is a luxury real estate developer offering a diverse portfolio of residential properties across Gurugram and Delhi. The company operates multiple product lines: premium high-rise apartments (Sky Villas, Bignonia Towers, Aqua Front Towers, Selene Tower), resort-style residences (Belgravia Residences, Bellavista, The Room), independent floors (Flamingo Floors, Clover Floors, Cerise Floors, The Orchard), villas (Fleur Villas, Belgravia Townhouses), plotted developments (Mikasa Plots), and integrated townships (Central Park Resorts, Central Park Flower Valley). Properties span key locations including Sector 48 (Sohna Road), Sector 32/33 (Sohna), Sector 42 (Golf Course Road), and Dwarka Expressway. The company differentiates through 5-star hospitality services, wellness amenities, and concept-based luxury living.

Differentiator

Problem solved

Functional benefit

Brands

• Central Park Flower Valley: Global township project in Sohna, Gurgaon featuring multiple residential concepts including towers, villas, independent floors and plots
• Central Park Resorts
• The Room
• The Orchard
• Delphine
• Belgravia Townhouses
• Belgravia Residences
• Aqua Front Towers
• Bignonia Towers
• Sky Villas
• Flamingo Floors
• Clover Floors
• Cerise Floors
• Fleur Villas
• Mikasa Plots
• Bellavista
• Belanova

Products and services

• Sky Villas Ultra-luxurious 4 BHK penthouses across nine levels with private decks, rooftop infinity pools, 7-star reception and Club Capri luxury clubhouse. Located in Sector 48 near NH8 and IGI Airport, targeted at ultra-high-net-worth buyers seeking top-of-stack luxury.
• Bellavista Fully furnished studio and 1 BHK apartments with Japanese-inspired interiors, air purification systems, executive lounges, and 24x7 hospitality services. Set amidst 20 acres of greenery in Sector 48; targeted at expatriates and corporate professionals.
• Belgravia Residences Resort-style 2 to 4 BHK apartments ranging from 1,418 to 3,931 sq. ft. with 5-star hospitality services, clubhouses, jogging tracks and swimming pools in Sector 48.
• Belgravia Townhouses Villa-style ground floor residences with 2, 3 and 4 bed options ranging from 970 sq. ft. to 4,224 sq. ft. across 28 high-rise towers, with private gardens and access to Club Capri facilities.
• The Orchard Eco-friendly luxury independent floors in Flower Valley surrounded by a multi-fruit organic orchard, featuring home automation, zero-vehicle ground zones, and sustainable design in Sector 32, Sohna.
• Aqua Front Towers Waterfront 3 and 4 BHK high-rise apartments overlooking pristine water bodies in Flower Valley, with an exclusive clubhouse and luxurious amenities.
• Bignonia Towers High-rise 3 and 4 BHK opulent apartments with concept-based living spaces, two exclusive clubhouses, and state-of-the-art sports facilities including a cricket stadium in Flower Valley.
• Fleur Villas Grand and luxurious 3 to 6 BHK villas with world-class amenities, uber-stylish designs and abundant space defining villa life within Flower Valley.
• Flamingo Floors Low-rise independent 2/3 BHK floors with ground-plus-two structure; ground floor with basement and private garden, 2nd floor with terrace space. Fully air-conditioned residences in Flower Valley.
• Clover Floors Low-rise 4 BHK floors on a lavish 400 sq. yd plot with party terrace and elevator; includes voice command technology for mood lights, fans, ACs and kitchen sensors.
• Cerise Floors Low-rise air-conditioned floors with party terrace and elevator, finished with modern amenities in Flower Valley.
• Mikasa Plots Independent plots for custom home construction surrounded by greens and flowers, with flexibility to design dream homes and access to Flower Valley amenities.
• The Room Fully-serviced studio apartments in a five-star living space, designed for expatriates and young corporate professionals seeking compact luxury living.
• Central Park Resorts 47.5-acre ready-to-move resort-style integrated project offering 1 and 2 BHK apartments, villas and penthouses with a 55,000 sq. ft. clubhouse, Olympic-sized swimming pool, automatic car wash and 5-star hospitality in Sector 48, Gurugram.
• Central Park Flower Valley Quintessential global integrated township on Sohna Road adjacent to the Aravallis, spanning 196.736 acres, featuring 45 wellness features, a 1.20 lac sq. ft. clubhouse, multi-tier security, and diverse asset classes including floors, towers and villas.
• Delphine New launch offering studio, 1 BED, 3 BED and 4 BED residences featuring a Sky Island Deck, dual clubhouses and 24/7 multi-tier security, located at Sector 104 on Dwarka Expressway.
• Selene Tower Luxury tower in Flower Valley positioning itself as the celestial heart of the township, themed around the moon's glow.
• Crystal Town Facility Management Facility management service providing homes fused with facility management including electrical, plumbing, housekeeping, gardening, security staff, CCTV surveillance, horse patrolling, fire safety, event management and helpdesk services.

Quantifiable outcome

• 70% contribution to Haryana's total investments through Gurgaon presence
• +2 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• VedanyacoreOthers · 1 January 2021Education venture launched in 2021 with 7 schools planned, offering international curriculum rooted in Indian values/culture with a vision to raise a generation who will lead the future
• HyperdewminorOthers · 1 January 2015Technology venture launched in 2015 providing integrated smart city solutions including smart grade waste management systems for cities and businesses to improve environmental outcomes
• Le Meridien (Marriott International)coreStrategic or Co-development Partner · 1 January 2010Five-star hotel partnership under Marriott International, operating Le Meridien Gurgaon Delhi NCR as part of the group's hospitality segment offering exceptional service beyond expectations
• A Loft Hotels (Marriott International)coreStrategic or Co-development Partner · 1 January 2010Modern lifestyle hotel brand under Marriott International, operating A Loft New Delhi Aerocity as part of the group's hospitality offerings
• Baxy Engines (Baxy Continental Engines)coreOthers · 1 January 1970Automotive wing of the Bakshi Group established in 1982, providing precision engineered solutions across three continents with 40 years of automotive and technological excellence
• Oriental Structural Engineers (OSE)coreOthers · 1 January 1970Infrastructure development company with 8000 team strength, completed 39 airfields and 7600 km of highways across India. Collaborated with Airport Authority of India, GMR, and Reliance. Grown to US$2.00 Billion asset base

Scale indicators8 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Prestige Group: Large listed Indian developer with luxury townships, integrated hospitality (conrad, Marriott partnerships), and premium residential product. Comparable in hospitality-integrated living and resort-style amenities.
• Mahindra Lifespace Developers: Listed developer under Mahindra Group with premium residential and integrated township projects. Comparable in brand-led premium positioning and large-scale community/township development.
• Brigade Group: South-India-based listed developer with expanding luxury and integrated township portfolio. Comparable in luxury positioning, hospitality integration, and multi-format product ladder (villas, floors, apartments).
• Oberoi Realty: Luxury-focused listed developer with hospitality-adjacent positioning (Three Sixty West, Sky City). Strong overlap in ultra-luxury product, integrated amenities, and HNI/expat customer segments.
• Macrotech Developers (Lodha Group): Listed luxury and premium residential developer with marquee projects in Mumbai and expanding into NCR. Comparable in luxury positioning, hospitality integration, and large-ticket HNI customer base.
• DLF Limited: India's largest listed real estate developer and dominant luxury player in Gurugram (DLF The Camellias, The Magnolias, The Aralias). Most direct comparable in geography, product type, and HNI/NRI customer segment.
• Sobha Limited: Premium real estate developer with integrated township expertise and resort-style living (Sobha City, Sobha International City). Comparable in vertical integration, hospitality-grade amenities, and luxury positioning.

Broad incumbents

• Tata Housing: Listed-grade developer under Tata Group with premium residential portfolio and hospitality crossover through Indian Hotels Company. Comparable in brand premium and integrated community/township projects.
• Godrej Properties: Large listed developer with growing luxury and premium portfolio across India, including NCR projects. Comparable in brand strength, hospitality integration (Godrej Properties × hospitality partners), and pan-India scale.

Others

• Marriott International (Le Meridien, A Loft brands): Central Park's existing strategic hospitality partner; also a benchmark for the branded residential and serviced-residence category globally. Relevant for understanding the hospitality integration playbook Central Park is replicating in Indian luxury residential.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/CentralParkIn
• Facebookfacebook.com/CentralParkIn
• LinkedInlinkedin.com/company/central-park-in

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Central Park