Central Park Estates has unveiled Belanova, an ultra-luxury residential development in Gurugram, with a total investment of ₹1,200 crore and an estimated revenue potential of ₹2,500 to 3,000 crore, according to a company statement issued on February 19.

Belanova will comprise 124 exclusive residences, with an average ticket size of approximately ₹25 crore. The project is positioned as a low-density vertical estate and forms part of the larger 47+ acre Central Park Resorts ecosystem in Gurugram.

Strategically located near the elevated Sohna carriageway with direct connectivity to NH-48, the development offers access to major hubs including Indira Gandhi International Airport, Golf Course Road, Rajiv Chowk, Millennium City Centre Metro Station and key commercial districts in Gurugram and Delhi-NCR.

The project is being financed through a combination of internal accruals and project finance. The company stated that there is no private equity or institutional investor participation in the development.

Financial tie-ups and home loan approvals have been secured with leading banks including ICICI Bank, HDFC Bank, Canara Bank and Punjab National Bank.

Central Park Estates expects to generate around ₹500 crore in FY26 through a private offering to select buyers, followed by an estimated ₹1,000 crore in FY27.

Belanova is being positioned as a premium, limited-edition residential offering. The residences will feature private lift lobbies, dual lifts per home, 13-foot floor heights and expansive balconies. The project aims to cater to high-net-worth individuals seeking privacy, exclusivity and high-end specifications.

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 the initial phase, the company plans to consider a limited number of expressions of interest.

Gurugram's luxury housing segment has seen steady traction, driven by improved connectivity, proximity to corporate hubs and rising demand from affluent buyers. Large-scale, low-density projects with premium amenities continue to attract interest in micro-markets connected to NH-48 and the Sohna corridor.

With an investment of ₹1,200 crore and a projected revenue potential of up to ₹3,000 crore, Belanova marks a significant addition to Gurugram's ultra-luxury housing segment. Backed by internal funding and positioned within a large integrated ecosystem, the project reflects sustained confidence in high-value residential demand in Delhi-NCR's premium micro-markets.