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
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%
Related News Articles
Sebi Considers Allowing InvITs, REITs, and SM REITs to Use Interest Rate Derivatives for Risk Hedging
Markets regulator Sebi has proposed allowing Real Estate Investment Trusts (REITs), Social and Mortgage REITs (SM REITs), and Infrastructure Investment Trusts (InvITs) to use interest rate derivatives to hedge against financial risks. This move is expecte
Supreme Court Orders Sahara Group to Deposit Rs 1,000 Crore, Allows Joint Venture for Mumbai Land Development
The Supreme Court has directed Sahara Group to deposit Rs 1,000 crore in a separate escrow account within 15 days and allowed it to enter into a joint venture for developing its land at Versova in Mumbai.
Dream Office REIT Adapts to Shifting Office Real Estate Landscape in Q4 2024
Dream Office REIT reported its Q4 2024 financial results, highlighting strategies to navigate the evolving commercial real estate market, particularly in downtown Toronto.
Mindspace REIT Sees 9% Rise in Q1 FY25 Net Operating Income to Rs.496 Cr
Mindspace REIT's Q1 FY25 net operating income increases by 9% to Rs.496 Cr, reflecting a positive trend in the real estate landscape.
Star Estate Achieves Rs. 7,000 Crore in Sales, Targets Rs. 10,000 Crore Milestone
New Delhi, Delhi, India (NewsVoir) Star Estate, a leading real estate consultation firm in India, has surpassed Rs. 7,000 crore in sales and is now aiming for the Rs. 10,000 crore milestone. The company's robust growth is a testament to its strong market presence and customer trust.
Why NRIs Favor Home Turf for Real Estate Investments
Non-Resident Indians (NRIs) are increasingly investing in real estate back home, with prime cities like Mumbai and Delhi being top choices. The Maharashtra government's recent approval of green integrated data centre parks is set to boost the state's real