Century Real Estate Secures Rs 1,850 Crore Debt to Expand Property Portfolio

Century Real Estate has raised Rs 1,850 crore in debt funding to support its expansion into new and existing residential and commercial projects in Bengaluru.

Real EstateDebt FundingBengaluruResidential PropertiesCommercial SpacesReal EstateMay 22, 2025

Century Real Estate Secures Rs 1,850 Crore Debt to Expand Property Portfolio
Real Estate:New Delhi, May 22 (PTI) Century Real Estate has raised Rs 1,850 crore in debt to expand its business and capitalize on the strong demand for properties. The company will use this fund in both ongoing and upcoming housing and commercial projects.

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 funding will help 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 tranches, 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 emphasized 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 boasts 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 will enable Century Real Estate to further solidify its position in the market and meet the growing demand for high-quality properties in Bengaluru.

The real estate sector in Bengaluru has been experiencing robust growth, driven by the city’s status as a major IT hub and the increasing number of professionals moving to the area. Century Real Estate’s strategic focus on both residential and commercial developments aligns perfectly with the market’s needs, making this funding round a crucial step in the company’s long-term growth plan.

Moreover, the trust and support from leading financial institutions like Ares Asia and SC Lowy underscore the company’s strong financial health and market potential. As the real estate landscape continues to evolve, Century Real Estate is well-positioned to capitalize on emerging opportunities and deliver value to its stakeholders.

Frequently Asked Questions

How much debt has Century Real Estate raised?

Century Real Estate has raised Rs 1,850 crore in debt funding.

Who are the main investors in Century Real Estate's debt funding?

The main investors are Ares Asia and SC Lowy. Ares Asia invested Rs 1,600 crore in two tranches, and SC Lowy contributed Rs 250 crore.

What will Century Real Estate use the debt funding for?

The debt funding will be used to support both new and existing residential and commercial projects in Bengaluru.

When was Century Real Estate founded?

Century Real Estate was founded in 1973 by P Dayananda Pai and P Satish Pai.

What is the current 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 square feet, comprising premium residential and commercial assets.

Related News Articles

Unlocking $48 Billion in Indian Office Space: The Rise of Fractional Ownership
Real Estate Mumbai

Unlocking $48 Billion in Indian Office Space: The Rise of Fractional Ownership

India's fractional ownership market is expected to exceed $5 billion by 2030

May 30, 2024
Read Article
Budget 2024: Reviving Affordable Housing - A Sector in Crisis
Real Estate

Budget 2024: Reviving Affordable Housing - A Sector in Crisis

The real estate sector is seeking 'high-impact' measures to revive affordable housing, including special schemes, tax breaks, and revised pricing definitions.

June 28, 2024
Read Article
Can Urbanization and Nature Coexist? A New Vision for Cities
Real Estate Pune

Can Urbanization and Nature Coexist? A New Vision for Cities

As cities expand, natural spaces are dwindling. But is it possible to create a symbiosis between urbanization and nature? We explore the possibilities.

September 20, 2024
Read Article
Market Sentiment Remains Robust Amidst Fresh IPOs: Anand Tandon
real estate news

Market Sentiment Remains Robust Amidst Fresh IPOs: Anand Tandon

Anand Tandon shares his insights on the current market sentiment, IPOs, and sectors to watch out for.

September 27, 2024
Read Article
MahaRERA Orders Developers to Refund Buyers Amid Complaints Over Pending Home Sales
Real Estate Pune

MahaRERA Orders Developers to Refund Buyers Amid Complaints Over Pending Home Sales

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has taken action against developers in Pune, a region heavily affected by pending home sales. MahaRERA has ordered developers to refund buyers to address the growing complaints.

February 4, 2025
Read Article
Tayal Corp: Pioneering Architectural Excellence in Pune's Real Estate Market
Real Estate

Tayal Corp: Pioneering Architectural Excellence in Pune's Real Estate Market

Led by Ar. Sumit Tayal, Tayal Corp. is not just another real estate developer; it is a collective of thinkers, visionaries, and problem-solvers. Discover how this innovative company is transforming the landscape of Pune's real estate industry.

March 12, 2025
Read Article