Century Real Estate Secures ₹1,850 Crore from Ares Asia and SC Lowy for Bengaluru Expansion
Century Real Estate has secured a significant ₹1,850 crore in debt funding from Ares Asia and SC Lowy, aimed at accelerating its expansion in Bengaluru. This capital will unlock projects with a ₹14,000 crore Gross Development Value (GDV) over five years, focusing on both residential and commercial developments.
Century Real EstateAres AsiaSc LowyBengaluru Real EstateLuxury Real EstateReal EstateMay 22, 2025
Ares Asia committed ₹1,600 crore across two tranches, while SC Lowy contributed ₹250 crore. The funds will be channelled towards scaling up residential and Grade A commercial developments across Bengaluru’s high-demand micro-markets, the company said in a statement.
“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,” said Ravindra Pai, Managing Director, Century Real Estate.
The developer has maintained a robust growth trajectory, clocking over 2x year-on-year growth, buoyed by the rising demand for branded residential spaces in Bengaluru. In H1FY25 alone, the firm posted pre-sales of ₹1,024 crore — a 121% jump 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. 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.
The company has a land bank of over 3,000 acres and a development portfolio of over 20 million sq.ft., comprising premium residential and commercial assets like hotels, office buildings, residences, educational institutions, and integrated townships.
Frequently Asked Questions
How much funding did Century Real Estate secure from Ares Asia and SC Lowy?
Century Real Estate secured ₹1,850 crore in debt funding from Ares Asia and SC Lowy.
What will the funding be used for?
The funding will be used to unlock projects with a ₹14,000 crore Gross Development Value (GDV) over five years, focusing on both residential and commercial developments in Bengaluru.
What is the significance of this funding for Bengaluru's real estate market?
This funding underscores renewed investor confidence in Bengaluru's real estate market, driven by high demand and corporate growth, especially in lifestyle-focused housing and institutional-grade office assets.
What is the current growth trajectory of Century Real Estate?
Century Real Estate has maintained a robust growth trajectory, clocking over 2x year-on-year growth, with a 121% jump in residential bookings in H1FY25 compared to FY24.
What is the land bank and development portfolio of Century Real Estate?
Century Real Estate has a land bank of over 3,000 acres and a development portfolio of over 20 million sq.ft., comprising premium residential and commercial assets.
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