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
Macrotech Developers Sees 20% Rise in Q1 Sales to Rs 4,030 Crore Driven by Strong Housing Demand
Macrotech Developers has reported a 20% increase in Q1 sales to Rs 4,030 crore, driven by robust housing demand, with a strong pipeline of new launches planned for the fiscal year.
Vibrant Vile Parle West: A Hub of Real Estate Activity in Mumbai
Discover the vibrant Vile Parle West, a well-established suburb in western Mumbai offering a balanced mix of residential and commercial areas, making it a hotspot for real estate investment.
Noida Property Prices Set to Rise as Circle Rate Increase Looms
Proposed 25% increase in circle rate aims to boost government revenue, stabilize property market, and bring transparency to administrative system.
How Mumbai's Prime Land is Being Sold to Vested Interests on the Cheap
The Mumbai Metropolitan Region is the country's most lucrative area of operations in the real estate business. The Maharashtra government's decision to redevelop Dharavi has raised several questions about the project's intentions.
Aditya Birla Real Estate Set to Launch New Projects in Pune, Thane, and Sarjapur
Aditya Birla Real Estate is all set to launch new residential projects in Pune, Thane, and Sarjapur, making a significant move in the real estate market. The Pune launch is scheduled for the ongoing quarter, while the Thane and Sarjapur projects are set t
2025 Property Market Outlook: Key Trends and Opportunities
Delhi-NCR, January 6: The year 2024 was a turning point for the Indian real estate market, particularly in the luxury segment. With affluent buyers, including HNIs and NRIs, driving the market, the sector is poised for continued growth in 2025. Here are t