Century Real Estate, a leading developer in Bengaluru, has secured ₹1,850 crore in debt funding to fuel its growth in residential and commercial projects. The company aims to achieve a Gross Development Value (GDV) of ₹14,000 crore in the next five years, driven by the city's robust demand for premium properties.
Real EstateBengaluruFundingDevelopmentLuxury PropertyReal Estate NewsMay 22, 2025
Century Real Estate has secured ₹1,850 crore in debt funding.
The funding round was led by Ares Asia, which contributed ₹1,600 crore in two tranches. SC Lowy also invested ₹250 crore.
Century Real Estate aims to achieve a Gross Development Value (GDV) of ₹14,000 crore in the next five years.
Century Real Estate has achieved over two-fold year-on-year growth for the past five years, driven by increasing demand for luxury residential and commercial properties.
Bengaluru’s real estate sector continues to show strong growth, particularly in the northern and eastern parts of the city. Improved metro connectivity, proximity to the airport, and the establishment of Global Capability Centres (GCCs) by multinational corporations are key factors.
UltraTech Cement, India's leading cement manufacturer, has acquired an additional 25% stake in UAE-based RAKWCT, taking its total holding to 54.39%. This strategic move marks a significant milestone in the company's expansion plans.
PM Modi emphasizes Maharashtra's potential to become a global financial hub, leveraging its industry, agriculture, and finance sectors.
IMD issues red alert for heavy rainfall in Telangana, Karnataka, Goa, and Maharashtra; orange alert issued for 9 states
In June, Vile Parle West witnessed significant real estate activity, led by Pratap Elegance, Himanshu Mandar CHS, and Shanti Kunj Apartment, offering a range of housing options for buyers.
The Brihanmumbai Municipal Corporation (BMC) is set to construct a 29-storey parking plus office building in Worli, Mumbai, worth ₹519 crores. The project is expected to boost the city's real estate market.
Pune, 10th October 2024: Dream Works Realty (DWR), a trusted and prominent real estate investment advisory, hosted a remarkable event at Pune’s Sheraton Grand Hotel to introduce its latest initiative, the Realty Entrepreneurship Launchpad. The initiative