Gurugram’s real estate landscape is shifting once again with mixed-use projects and serviced residences edging into the limelight. The latest catalyst? Central Park has announced a ₹550 crore investment in an upscale serviced-apartment project named “Selene”, located within its premium Flower Valley township in Sohna.
With 353 units across 3.818 acres and 85% of the inventory already sold, this project marks a strategic expansion into high-demand rental and hospitality living. Let’s explore why Selene is a major milestone and what it signals for Gurugram real estate in 2025.
1. What Selene Brings to the Table
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Scale & Focus: 353 serviced-apartment units over 3800 m² within the established Flower Valley community, aiming for completion by 2030.
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High Absorption: 85% of units booked already proof of robust investor and end-user confidence .
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Lifestyle-Led Offering: Says CMD Amarjit Bakshi, “Selene challenges conventional residential spaces… sets a new benchmark”.
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Integrated Amenities: Multi-tier security, high-speed elevators, proximity to Vedanya School and Medanta Clinic ensure built-in community convenience.
2. Why the ₹550 Crore Investment Matters
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Serviced Apartments are Rising in Demand: Catered towards professionals, transient families, and premium rental seekers, these units bridge the gap between hotels and long-term leased homes.
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Institutional Endorsement: Backed by high credit and funding capacity, Selene is a vote of confidence in Gurugram’s mixed-use residential future.
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Portfolio Diversification: Central Park, renowned for high-end gated communities, now taps into recurring revenue models through hospitality-inclined builds.
3. Market Impacts & ROI Prospects
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Rental Attractiveness: Projects similar to Selene typically deliver rental yields of 6 8%, higher than standalone apartments.
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Capital Appreciation: Entire development within Flower Valley benefits from township support, adding premium value over time.
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Investor Appeal: With 85% sold pre-completion, investors expect steady returns during pre-possession and upon leasing.
4. Location & Accessibility Perks
Selene’s location within Central Park Flower Valley, Sohna offers strategic advantages:
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Growing Residential Hub: Sohna continues to draw middle- to upper-income families.
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Excellent Connectivity: Close to KMP Expressway, Kundli Manesar Palwal corridor, and metro extensions - the area’s infrastructure momentum boosts Selene’s appeal.
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Proximity to Employment & Education: Near schools, hospitals, and emerging employment nodes, Selene meets both lifestyle and investment needs.
5. What Buyers & Investors Should Do
| Buyer Profile | Strategy Tips |
|---|---|
| Working Professionals | Consider serviced apartments for short/medium stays without long-term lease hassles. |
| Rental Investors | Buy early to lock in pre-sale premiums and tap into high rental demand. |
| Portfolio Diversifiers | Opt for projects with hospitality-style services offering enhanced yield. |
Key Buyer Focus Areas:
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Verify delivery timelines and completion schedules
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Evaluate servicing charges as part of your cost
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Understand lease management and renewal structures
6. Risks & Mitigation
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Execution & Delivery: With completion by 2030, project risks include delays or rising construction costs.
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Servicing Oversight: Returns depend on how well Central Park manages operations after handover.
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Market Sensitivity: Economic slowdowns can affect affordability—sustaining demand is key.
Smart investors track updates, review builder’s delivery track records, and analyze township support.
7. Long-Term Industry Outlook
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Growing Trend: As millennials and transient corporate families proliferate, especially in Gurugram, serviced residences show increasing preference.
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Investor Momentum: Institutional players are focusing increasingly on recurring income models, redirecting capital into serviced and mixed-use real estate.
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Regulatory Support: With RERA oversight now extending to serviced assets, transparency and compliance have improved significantly.
Selene may well be Central Park’s first step into a larger hospitality-enabled future in Gurugram.
Final Thoughts
Selene’s ₹550 crore investment is more than just another luxe development it’s a signal that serviced apartments are now prime real estate. For investors seeking stable rental returns, small-scale professionals needing flexibility, or families wanting amenity-rich living, Selene ticks all the boxes.
At Property Gallery, we’re monitoring upcoming serviced launches in Gurugram, offering yield calculators, comparative insights, and investment consulting tailored to hospitality-focused residential assets. Ready to explore this booming new niche? Get in touch for exclusive updates.