Luxury accommodations, the Selene serviced residences, make their debut in South Gurugram, courtesy of Central Park.
Central Park, a leading real estate developer, has unveiled its latest project, Selene, a serviced residence tower aimed at high-net-worth individuals (HNIs) and ultra-high-net-worth individuals (UHNIs). Located within the flagship Flower Valley township in South Gurugram, Selene promises to redefine luxury living with its array of amenities and strategic location.
Selene comprises 353 fully furnished studio and one-bedroom serviced apartments, each featuring four-side open layouts and a floor-to-floor height of 3.9 meters, designed to provide abundant natural light and panoramic views of the Aravalli Range and the township's Alpha Golf Course.
In terms of investment and pricing, units are priced upwards of ₹20,000 per square foot, with the overall sales potential exceeding ₹1,000 crore. The total development cost, including land and statutory charges, is pegged at ₹550 crore. The project saw strong investor confidence on launch day, selling 85% of its inventory.
The timeline for Selene includes construction expected to start in late 2025, with delivery slated for 2030. Key on-site facilities and amenities include a retail promenade, poolside lounges, wellness zones, alfresco dining areas, hospitality services curated by Central Park’s in-house arm, St. Jerome, and integrated community infrastructure such as The Vedanya School and Medanta Clinic.
Selene also boasts strategic connectivity to Sohna Elevated Road and the Delhi-Mumbai Expressway, proximity to business parks, educational hubs, and upcoming infrastructure projects like the Japan Industrial Township, enhancing its appeal for both residential and investment purposes.
In summary, Selene sets a new benchmark in luxury living in Gurugram by combining ultra-luxury serviced residences with comprehensive lifestyle and wellness facilities, supported by strong market demand and a robust investment profile. The delivery of the Selene project is expected by 2030.
- High-net-worth individuals (HNIs) and ultra-high-net-worth individuals (UHNIs) may find investment opportunities in real estate through Selene, a new serviced residence tower by Central Park, which boasts a strategic location and luxury amenities.
- Selene's units, priced upwards of ₹20,000 per square foot, have seen strong investor confidence, with 85% of its inventory selling on launch day, suggesting a potential sales figure exceeding ₹1,000 crore.
- The finance sector could play a significant role in Selene's development, as the total cost, including land and statutory charges, is estimated at ₹550 crore.
- In the Defi (decentralized finance) and banking sectors, Selene's strategic location in Gurugram, with easy access to business parks, educational hubs, and upcoming infrastructure projects, could make it an attractive option for both residential and investment purposes.
