Century Real Estate Secures Rs 1,850 Crore Debt to Boost 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 existing and new projects in Bengaluru, capitalizing on the strong demand in the city's real estate market.
Real EstateBengaluruFundingAres AsiaSc LowyReal EstateMay 22, 2025
In a statement released 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. The funding will drive the company's expansion strategy and support both new and existing projects in Bengaluru.
The funding round was spearheaded by Ares Asia, which invested Rs 1,600 crore in two trances, while SC Lowy contributed Rs 250 crore to support the development of residential and Grade A commercial spaces.
Ravindra Pai, Managing Director of Century Real Estate, said, '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 added that this capital infusion empowers the company to accelerate its expansion.
Founded by P Dayananda Pai and P Satish Pai in 1973, Century Real Estate is one of the leading real estate companies in South India. The company has a land bank of over 3,000 acres and a development portfolio of over 20 million square feet, comprising premium residential and commercial assets such as hotels, office buildings, residences, educational institutions, and integrated townships.
This significant investment from Ares Asia and SC Lowy underscores the confidence in Century Real Estate's ability to deliver high-quality projects and meet the growing demand in Bengaluru's real estate sector. The company's strategic use of this funding will likely further solidify its position as a key player in the region's property market.
Frequently Asked Questions
What is the total 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 providing the debt funding?
The funding is led by Ares Asia and SC Lowy.
How will Century Real Estate use the funding?
The company will use the funding to support both ongoing and upcoming housing and commercial projects in Bengaluru.
What is the current land bank of Century Real Estate?
Century Real Estate has a land bank of over 3,000 acres.
What types of projects does Century Real Estate develop?
Century Real Estate develops premium residential and commercial assets, including hotels, office buildings, residences, educational institutions, and integrated townships.
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