Realty Developer Central Park to Invest Rs 500 Crore in Developing Seven Schools

Realty Developer Central Park to Invest Rs 500 Crore in Developing Seven Schools

Luxury real estate developer Central Park will invest Rs 500 crore in developing schools within its housing societies, a senior company official said.

The company has planned two schools at Central Park Resorts on Sohna road, three at Central Park Flower Valley, a 500-acre gated township and one at Gurgaon-Faridabad road.

The company is also in talks with the Residents Welfare Association of Central Park 1 at Golf Course Road to develop a school there as it has been handed over to RWA.

“The housing societies we are building are like a town where every facility is available inside. The person living here does not need to go outside for any facility. School was the missing link, which we have decided to develop in our every project,” said Amarjit Bakshi, founder, chairman and managing director of the Bakshi Group.

The company has also tied up with hospitals to provide healthcare facility within the society.

The realty player, owned by the Bakshi Group, has 12 million square feet of planned projects across Gurugram, Delhi and Goa. Central Park launched its first residential condominium in Gurugram’s Golf Course Road in 2001.

Bakshi Group operates across infrastructure, hospitality, defence, real estate and automotive industries.

Source : ET

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