Century Real Estate Bengaluru Sets Rs 1,850 Crore Growth Plans

Bengaluru-based Century Real Estate, one of the leading real estate developers in South India, has successfully secured Rs 1,850 crore in debt funding. This significant financial boost, led by Ares Asia and SC Lowy, will be used to fuel the company’s expansion strategy across both residential and commercial segments. With this capital, Century Real Estate aims to unlock a Gross Development Value (GDV) of Rs 14,000 crore over the next five years.

This funding round marks a pivotal moment for Century Real Estate, as it capitalizes on the increasing demand for luxury residential properties and Grade A commercial spaces in Bengaluru, which is currently experiencing a booming real estate market.


Key Highlights of the Investment

  • Funding Amount: Rs 1,850 crore
  • Led by: Ares Asia (Rs 1,600 crore) and SC Lowy (Rs 250 crore)
  • Target GDV in 5 Years: Rs 14,000 crore
  • Focus Areas: Ongoing and upcoming residential and commercial projects in Bengaluru
  • Primary Use: Drive expansion strategy and support new and existing projects
  • Pre-sales Revenue (H1 FY2025): Rs 1,024 crore

Century Real Estate’s Growth Strategy

Century Real Estate has long been a key player in the Bengaluru real estate market, and with the recent surge in demand for both luxury residential and commercial spaces, the company is positioning itself to meet these growing needs. The Rs 1,850 crore funding will play a crucial role in accelerating Century’s ongoing and upcoming projects, particularly in the premium residential and Grade A commercial spaces sectors.

In the statement released, Ravindra Pai, Managing Director of Century Real Estate, remarked:
“Securing Rs 1,850 crore in funding is a testament to the trust our financial partners place in Century Real Estate’s vision and execution.”

He further emphasized the strong demand for both luxury residential units and Grade A commercial properties in Bengaluru, underscoring the importance of this investment in helping the company expand its footprint.

Ravindra Pai also highlighted Century’s impressive performance in the first half of FY2025, with pre-sales revenue exceeding Rs 1,024 crore. This significant revenue growth, especially with a 121% increase in residential sales bookings, sets a strong foundation for Century’s continued expansion in the city.


Century Real Estate’s Legacy and Market Position

Founded in 1973, Century Real Estate has built a strong reputation in the Indian real estate industry. The company’s land bank of over 3,000 acres and a development portfolio of over 20 million square feet of premium assets, including residential, commercial, and hospitality spaces, has positioned it as a market leader.

Century’s projects span across hotels, office buildings, residences, educational institutions, and integrated townships, making it one of the most diversified developers in South India.


Quick Facts About Century Real Estate

FeatureDetails
Funding SecuredRs 1,850 crore
Funding PartnersAres Asia (Rs 1,600 crore), SC Lowy (Rs 250 crore)
Target GDV in 5 YearsRs 14,000 crore
Focus AreasResidential and Grade A commercial projects
Pre-sales Revenue (H1 FY2025)Rs 1,024 crore
Company Founding Year1973
Land BankOver 3,000 acres
Development Portfolio20 million square feet

FAQ Section

1. What is Century Real Estate’s latest funding announcement?
Century Real Estate has secured Rs 1,850 crore in debt funding, led by Ares Asia and SC Lowy, to support its ongoing and upcoming projects in Bengaluru.

2. How will Century Real Estate use the Rs 1,850 crore funding?
The funding will be used to support both residential and commercial projects, with a focus on meeting the growing demand for luxury living and Grade A commercial spaces in Bengaluru.

3. What is Century Real Estate’s GDV target for the next five years?
The company aims to unlock a Gross Development Value (GDV) of Rs 14,000 crore over the next five years, supported by the new funding.

4. How did Century Real Estate perform in the first half of FY2025?
In the first half of FY2025, Century Real Estate recorded pre-sales revenue of Rs 1,024 crore, with residential sales bookings increasing by 121% compared to the previous fiscal year.

5. What is the history and market position of Century Real Estate?
Founded in 1973, Century Real Estate is a leading real estate developer in South India, with a land bank of over 3,000 acres and a development portfolio spanning 20 million square feet.

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