Century Real Estate Raises Rs 1,850 Crore for Bengaluru Projects
Century Real Estate has secured Rs 1,850 crore in debt funding from Ares Asia and SC Lowy to fuel the development of residential and commercial projects in Bengaluru, capitalizing on the city's robust real estate demand.
Real EstateBengaluruCentury Real EstateAres AsiaSc LowyReal Estate NewsMay 22, 2025
In a recent announcement, Century Real Estate stated that the funding was led by Ares Asia, which invested Rs 1,600 crore in two tranches, while SC Lowy contributed Rs 250 crore. The funds will be utilized for both ongoing and upcoming housing and commercial projects in Bengaluru, a city known for its booming real estate market.
Ravindra Pai, Managing Director of Century Real Estate, expressed his satisfaction with the funding, saying, “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. With Bengaluru's real estate market witnessing strong demand for both residential and Grade A commercial spaces, this capital infusion empowers us to accelerate our expansion.”
Founded in 1973 by P Dayananda Pai and P Satish Pai, Century Real Estate has established itself as one of the leading real estate companies in South India. The company boasts a land bank of over 3,000 acres and a development portfolio of over 20 million square feet, encompassing a diverse range of premium residential and commercial assets. These assets include hotels, office buildings, residences, educational institutions, and integrated townships, reflecting the company’s commitment to delivering high-quality developments.
Bengaluru, often referred to as the Silicon Valley of India, has seen a surge in demand for both residential and commercial properties due to its rapid urbanization and economic growth. The city’s strategic location, robust infrastructure, and favorable business environment have attracted numerous investors and developers, making it a prime market for real estate investments.
The capital raised by Century Real Estate is expected to play a crucial role in meeting the growing demand for high-quality residential and commercial spaces in Bengaluru. With a strong focus on sustainable and innovative development practices, the company is well-positioned to deliver projects that not only meet the needs of its clients but also contribute to the city’s urban landscape.
As the real estate market in Bengaluru continues to evolve, Century Real Estate’s strategic expansion and robust financial backing will enable it to maintain its leadership position and drive further growth in the region.
Frequently Asked Questions
How much funding did Century Real Estate raise?
Century Real Estate raised Rs 1,850 crore in debt funding.
Who are the investors in this funding round?
The funding was led by Ares Asia, which invested Rs 1,600 crore, and SC Lowy, which contributed Rs 250 crore.
What will the funds be used for?
The funds will be used to support both ongoing and upcoming housing and commercial projects in Bengaluru.
What is Century Real Estate's land bank and development portfolio?
Century Real Estate has a land bank of over 3,000 acres and a development portfolio of over 20 million square feet, including a variety of residential and commercial assets.
Why is Bengaluru a significant market for real estate?
Bengaluru is a significant market for real estate due to its rapid urbanization, strong economic growth, and high demand for both residential and commercial spaces.
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