Century Real Estate Secures Rs 1,850 Crore Debt for Expansion of Housing and Commercial Projects
Century Real Estate, a leading real estate company in South India, has raised Rs 1,850 crore in debt funding to expand its business and capitalize on the strong demand for properties in Bengaluru.
Real EstateBengaluruCentury Real EstateDebt FundingExpansionReal Estate NewsMay 22, 2025
In a statement on Thursday, Bengaluru-based Century Real Estate announced that it has secured Rs 1,850 crore in debt funding, led by Ares Asia and SC Lowy. This significant capital infusion will drive the company's expansion strategy and support both new and existing projects in Bengaluru.
Ares Asia, a leading investment firm, invested Rs 1,600 crore in two tranches, while SC Lowy contributed Rs 250 crore to support the development of residential and Grade A commercial spaces. This funding round underscores the confidence and trust that financial partners have in Century Real Estate's vision and execution.
Ravindra Pai, Managing Director of Century Real Estate, expressed his satisfaction with the funding, stating, '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, Pai emphasized that this capital infusion will empower the company to accelerate its expansion plans.
Founded by P Dayananda Pai and P Satish Pai in 1973, 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. This portfolio includes premium residential and commercial assets such as hotels, office buildings, residences, educational institutions, and integrated townships.
The strategic use of this new funding will enable Century Real Estate to continue delivering high-quality projects and meeting the growing demand in the real estate market. With a strong track record and a robust development pipeline, the company is well-positioned to capitalize on the current market trends and further strengthen its market presence in South India.
Frequently Asked Questions
What is the amount of debt funding raised by Century Real Estate?
Century Real Estate has raised Rs 1,850 crore in debt funding.
Who are the investors in this funding round?
Ares Asia and SC Lowy are the investors in this funding round, with Ares Asia investing Rs 1,600 crore and SC Lowy contributing Rs 250 crore.
What will Century Real Estate use the funding for?
The funding will be used to support both ongoing and upcoming housing and commercial projects in Bengaluru.
Who is the Managing Director of Century Real Estate?
Ravindra Pai is the Managing Director of Century Real Estate.
What is the size of Century Real Estate's land bank?
Century Real Estate has a land bank of over 3,000 acres.
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