Century Real Estate Aims for Rs 2100 Crore Sales in FY25

Century Real Estate has achieved 121% growth in residential sales bookings and plans to launch new projects worth Rs 7200 crore.

Century Real EstateBengaluruReal EstateResidential SalesFy25Real EstateMay 26, 2024

Century Real Estate Aims for Rs 2100 Crore Sales in FY25
Real Estate:Century Real Estate, a leading real estate developer based in Bengaluru, has reported an impressive 121% growth in residential sales bookings compared to its previous fiscal year. This surge in sales has enabled the company to record Rs 1,022 crore of sales in the Bengaluru market alone.

The company's managing director, Ravindra Pai, stated that they are close to completing some of their marquee projects in both residential and commercial segments. They plan to develop their land parcels in Bengaluru, which will infuse inventory of over Rs 7,200 crore into the market this fiscal year.

Century Real Estate has already sold out 96% of its residential inventory from the start of FY24. With this momentum, the company is targeting sales of Rs 2,100 crore in the financial year 2024-25.

Century Real Estate is a well-established real estate developer with a strong presence in Bengaluru. The company has been known for its high-quality residential and commercial projects that have gained immense popularity among homebuyers and investors.

Century Real Estate is a Bengaluru-based real estate developer that has been in the industry for several years. With a strong commitment to quality and customer satisfaction, the company has built a reputation for itself in the real estate market.

Frequently Asked Questions

What is the sales target of Century Real Estate in FY25?

Rs 2 100 crore

What is the growth percentage in residential sales bookings of Century Real Estate?

121%

How much sales has Century Real Estate recorded in the Bengaluru market alone?

Rs 1 022 crore

What is the value of the inventory that Century Real Estate plans to infuse into the market this fiscal year?

Rs 7 200 crore

What percentage of residential inventory has Century Real Estate sold out from the start of FY24?

96%

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