Century Real Estate Aims to Unlock ₹14,000 Crore in GDV with ₹1,850 Crore Debt Funding
Century Real Estate, a leading developer in Bengaluru, has secured ₹1,850 crore in debt funding from Ares Asia and SC Lowy. The company aims to unlock ₹14,000 crore in Gross Development Value over the next five years, driven by the growing demand for luxury and Grade A commercial spaces.
Real EstateBengaluruFundingLuxury HousingCommercial SpacesReal EstateMay 22, 2025
Century Real Estate has maintained a strong growth momentum of over 2x Year-on-Year growth for the past 5 years, riding on the unprecedented surge in demand for luxury and aspirational living spaces from established brands in Bengaluru. In the first half of FY25 alone, the company recorded over ₹1,024 crore in pre-sales revenue, while witnessing a 121% growth in residential sales bookings compared to FY24.
The funding round was spearheaded by Ares Asia, which invested ₹1600 crore in two tranches, while SC Lowy contributed ₹250 crore to support the development of residential and Grade A commercial spaces, strengthening Century Real Estate’s expansion in Bengaluru’s prime micro-markets.
Speaking on the funds raised, Ravindra Pai, Managing Director, Century Real Estate, said, “Securing ₹1,850 crore in funding is a testament to the trust our financial partners place in Century Real Estate’s vision and execution. With Bengaluru’s real estate market witnessing unprecedented demand for both residential and Grade A commercial spaces, this capital infusion empowers us to accelerate our expansion, deliver world-class developments, and reinforce our leadership in the industry. Balancing both residential and commercial growth, we are committed to meeting the high demand for premium living and business spaces. Our strong FY25 performance has set the foundation for an ambitious year ahead, and we remain dedicated to shaping Bengaluru’s skyline with innovative, high-quality spaces.”
Bengaluru’s real estate market continues to thrive, driven by the increasing demand for Grade A commercial and office spaces. Micro-markets in the northern and eastern parts of the city are set to become major residential and commercial areas, especially as the metro connectivity improves, and due to northern Bengaluru’s proximity to the airport.
The city is also emerging as a prominent luxury market amongst India’s top cities, with Knight Frank’s Wealth Report 2025 highlighting that people investing in real estate buy more square footage in Bengaluru for $1 million compared to Mumbai and Delhi. These advantages, coupled with a growing presence of multinational corporations setting up Global Capability Centers (GCCs), including major players like Google, are further solidifying Bengaluru’s position as a hub for business and innovation.
Frequently Asked Questions
How much funding has Century Real Estate secured?
Century Real Estate has secured ₹1,850 crore in debt funding.
Who are the key investors in Century Real Estate's funding round?
The key investors in Century Real Estate's funding round are Ares Asia and SC Lowy.
What is Century Real Estate's target for Gross Development Value?
Century Real Estate aims to unlock ₹14,000 crore in Gross Development Value (GDV) over the next five years.
What has been Century Real Estate's growth rate over the past five years?
Century Real Estate has maintained a strong growth momentum of over 2x Year-on-Year growth for the past five years.
What are the key micro-markets for residential and commercial developments in Bengaluru?
The key micro-markets for residential and commercial developments in Bengaluru are in the northern and eastern parts of the city, especially with improved metro connectivity and proximity to the airport.
Related News Articles
Unlocking $48 Billion in Indian Office Space: The Rise of Fractional Ownership
India's fractional ownership market is expected to exceed $5 billion by 2030
Budget 2024: Reviving Affordable Housing - A Sector in Crisis
The real estate sector is seeking 'high-impact' measures to revive affordable housing, including special schemes, tax breaks, and revised pricing definitions.
Can Urbanization and Nature Coexist? A New Vision for Cities
As cities expand, natural spaces are dwindling. But is it possible to create a symbiosis between urbanization and nature? We explore the possibilities.
Market Sentiment Remains Robust Amidst Fresh IPOs: Anand Tandon
Anand Tandon shares his insights on the current market sentiment, IPOs, and sectors to watch out for.
MahaRERA Orders Developers to Refund Buyers Amid Complaints Over Pending Home Sales
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has taken action against developers in Pune, a region heavily affected by pending home sales. MahaRERA has ordered developers to refund buyers to address the growing complaints.
Tayal Corp: Pioneering Architectural Excellence in Pune's Real Estate Market
Led by Ar. Sumit Tayal, Tayal Corp. is not just another real estate developer; it is a collective of thinkers, visionaries, and problem-solvers. Discover how this innovative company is transforming the landscape of Pune's real estate industry.