Century Real Estate Secures ₹1,850 Crore from Ares Asia and SC Lowy
Century Real Estate has raised ₹1,850 crore in debt funding from Ares Asia and SC Lowy, signaling strong investor confidence in Bengaluru's real estate market, driven by high demand and corporate growth.
Century Real EstateAres AsiaBengaluru Real EstateSc LowyReal Estate InvestmentReal Estate NewsMay 22, 2025
The funds will enable Century Real Estate to unlock projects with a cumulative Gross Development Value (GDV) of ₹14,000 crore over the next five years. Ares Asia has committed ₹1,600 crore across two tranches, while SC Lowy has contributed ₹250 crore. These funds will be directed towards scaling up residential and Grade A commercial developments in high-demand micro-markets across Bengaluru.
Ravindra Pai, Managing Director of Century Real Estate, expressed his enthusiasm for the investment. “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,” he said.
Century Real Estate has maintained a robust growth trajectory, with over 2x year-on-year growth, driven by the rising demand for branded residential spaces in Bengaluru. In H1FY25 alone, the company posted pre-sales of ₹1,024 crore, marking a 121% increase in residential bookings compared to FY24.
The latest fundraise underscores renewed investor appetite for India’s real estate sector, especially in core urban markets like Bengaluru, where demand for lifestyle-focused housing and institutional-grade office assets continues to outpace supply. Bengaluru is emerging as a prominent luxury market among India's top cities, with Knight Frank’s Wealth Report 2025 highlighting that people investing in real estate can buy more square footage in Bengaluru for $1 million compared to Mumbai and Delhi. This, coupled with the growing presence of multinational corporations setting up Global Capability Centers (GCCs), including major players like Google, further solidifies Bengaluru's position as a hub for business and innovation.
Century Real Estate boasts a land bank of over 3,000 acres and a development portfolio of over 20 million square feet. This portfolio includes premium residential and commercial assets such as hotels, office buildings, residences, educational institutions, and integrated townships. The company’s strategic focus on high-demand micro-markets and its commitment to delivering high-quality, innovative developments position it well for continued growth and success in Bengaluru’s dynamic real estate market.
Frequently Asked Questions
What is the total amount raised by Century Real Estate from Ares Asia and SC Lowy?
Century Real Estate has raised a total of ₹1,850 crore from Ares Asia and SC Lowy.
How will the funds be used by Century Real Estate?
The funds will be used to unlock projects with a cumulative Gross Development Value (GDV) of ₹14,000 crore over the next five years, focusing on residential and Grade A commercial developments in high-demand micro-markets across Bengaluru.
What is the significance of this investment for Bengaluru's real estate market?
This investment highlights strong investor confidence in Bengaluru's real estate market, driven by high demand and corporate growth, particularly in the luxury and Grade A commercial sectors.
How has Century Real Estate performed in the past financial year?
Century Real Estate has maintained a robust growth trajectory, with over 2x year-on-year growth, driven by the rising demand for branded residential spaces in Bengaluru. In H1FY25 alone, the company posted pre-sales of ₹1,024 crore, marking a 121% increase in residential bookings compared to FY24.
What is Century Real Estate's 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 premium residential and commercial assets such as hotels, office buildings, residences, educational institutions, and integrated townships.
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