Century Real Estate Secures Rs 1,850 Crore Debt to Fund Expansion in Key Markets
Century Real Estate, a prominent real estate company in South India, has raised Rs 1,850 crore in debt to fund its ongoing and future projects, particularly in Bengaluru, Mumbai, and Pune.
Real EstateCentury Real EstateDebt FundingBengaluruExpansionReal Estate MumbaiMay 22, 2025
Founded by Dr. P. Dayananda Pai and Mr. P. Satish Pai in 1973, Century Real Estate has established itself as one of the most respected names in the real estate industry. The company has a vast land bank of over 3,000 acres and a development portfolio of over 20 million square feet, which includes premium residential and commercial assets like hotels, office buildings, residences, educational institutions, and integrated townships.
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, expressed his gratitude and confidence in the company's future. “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 us to accelerate our expansion,” he said.
Bengaluru, in particular, has seen a surge in property demand due to its growing tech industry and infrastructure developments. The city has become a hub for both domestic and international companies, driving the need for high-quality residential and commercial spaces. Century Real Estate’s strategic focus on Bengaluru aligns with this trend, ensuring that the company remains at the forefront of the market.
In addition to Bengaluru, the company is also expanding its presence in other major cities such as Mumbai and Pune. These cities are experiencing similar growth patterns, with a strong demand for residential and commercial properties. The additional capital will enable Century Real Estate to capitalize on these opportunities and deliver high-quality projects that meet the needs of the market.
Century Real Estate’s commitment to quality and innovation has been a key factor in its success. The company has consistently delivered projects that not only meet but exceed the expectations of its clients. With this new funding, Century Real Estate is well-positioned to continue its growth trajectory and solidify its position as a leader in the real estate sector.
Frequently Asked Questions
What is Century Real Estate's primary focus in terms of real estate development?
Century Real Estate primarily focuses on developing premium residential and commercial assets, including hotels, office buildings, residences, educational institutions, and integrated townships.
How much debt funding has Century Real Estate secured?
Century Real Estate has secured Rs 1,850 crore in debt funding.
Who are the key investors in this funding round?
The funding round was led by Ares Asia, which invested Rs 1,600 crore, and SC Lowy, which contributed Rs 250 crore.
What cities is Century Real Estate expanding into?
Century Real Estate is expanding into key markets such as Bengaluru, Mumbai, and Pune.
What is the total land bank of Century Real Estate?
Century Real Estate has a land bank of over 3,000 acres.
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