Century Real Estate Secures Rs 1,850 Crore Debt to Fuel Expansion and New Projects
Century Real Estate has raised Rs 1,850 crore in debt funding to expand its business and capitalize on the strong demand for properties in Bengaluru. The funds will be used for both ongoing and upcoming housing and commercial projects.
Real EstateCentury Real EstateBengaluruProperty DevelopmentDebt FundingReal 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. This significant capital infusion 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 tranches, while SC Lowy contributed Rs 250 crore to support the development of residential and Grade A commercial spaces. This financial support is a testament to the confidence that Century Real Estate's financial partners have in the company's vision and execution.
Ravindra Pai, Managing Director of Century Real Estate, expressed his satisfaction with the funding: '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, 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. This portfolio includes a wide range of premium residential and commercial assets, such as hotels, office buildings, residences, educational institutions, and integrated townships.
The strong demand for properties in Bengaluru, particularly in the residential and Grade A commercial sectors, has been a significant driver for Century Real Estate's growth. The company's strategic location and robust development portfolio make it well-positioned to capitalize on this demand and continue its expansion in the region.
With the new capital, Century Real Estate plans to accelerate the development of its existing projects and launch new initiatives. The company's commitment to quality and innovation in real estate development has earned it a reputation as a trusted and reliable partner in the industry.
As the real estate market in Bengaluru continues to grow, Century Real Estate's strategic investments and strong financial backing will play a crucial role in shaping the future of the region's property landscape. The company's ability to secure significant funding is a clear indication of its strong market position and the confidence of its financial partners in its future prospects.
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 primary investors in this funding round?
The primary investors in this funding round are Ares Asia and SC Lowy.
What will Century Real Estate use the funds for?
The funds will be used for both ongoing and upcoming housing and commercial projects in Bengaluru.
How much land does Century Real Estate own?
Century Real Estate owns a land bank of over 3,000 acres.
What is Century Real Estate's development portfolio?
Century Real Estate's development portfolio includes over 20 million square feet of premium residential and commercial assets, such as hotels, office buildings, residences, educational institutions, and integrated townships.
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