Century Real Estate Secures Rs 1,850 Crore to Boost Bengaluru Projects
Century Real Estate, a leading Bengaluru-based developer, has raised Rs 1,850 crore in debt funding to expand its high-end residential and commercial projects. Ares Asia and SC Lowy are the key investors.
Real EstateBengaluruFundingDevelopmentLuxuryReal EstateMay 22, 2025
The funds will be primarily directed toward the development of high-end residential and Grade A commercial spaces across key locations in Bengaluru. With this capital infusion, Century Real Estate aims to unlock significant value from both upcoming and ongoing projects, further consolidating its leadership position in the city’s dynamic real estate sector.
The company has experienced over two-fold year-on-year growth over the last five years, driven by robust demand from both established brands and new investors. In the first half of FY25 alone, Century recorded pre-sales revenue of Rs 1,024 crore, with residential sales bookings seeing a 121% surge compared to the same period last year.
Ravindra Pai, Managing Director of Century Real Estate, remarked, “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 unprecedented demand, this capital infusion enables us to accelerate our growth and deliver world-class developments”.
Bengaluru's real estate market continues to flourish, particularly in the northern and eastern corridors, buoyed by improved metro connectivity and the strategic advantage of northern Bengaluru’s proximity to the airport. The city is also gaining prominence as a hub for luxury real estate, with Knight Frank’s Wealth Report 2025 ranking it among the top global destinations for high-net-worth residential investments.
Moreover, Bengaluru is witnessing a surge in demand for premium office and residential spaces, spurred by the increasing establishment of Global Capability Centres (GCCs) by multinational corporations, including tech giants like Google. Century Real Estate’s strategic expansion is well-aligned with these growth trends, positioning the company to play a pivotal role in shaping the city’s evolving skyline through the development of premium living and commercial spaces.
Frequently Asked Questions
How much funding did Century Real Estate raise?
Century Real Estate raised Rs 1,850 crore in debt funding.
Who are the key investors in Century Real Estate's funding round?
The key investors are Ares Asia, which contributed Rs 1,600 crore, and SC Lowy, which added Rs 250 crore.
What is the target Gross Development Value (GDV) for Century Real Estate?
The target Gross Development Value (GDV) for Century Real Estate is Rs 14,000 crore.
What types of projects will the funding be used for?
The funding will be used for the development of high-end residential and Grade A commercial spaces in key locations in Bengaluru.
What is the current growth trend in Bengaluru's real estate market?
Bengaluru's real estate market is experiencing robust growth, particularly in the northern and eastern corridors, driven by improved metro connectivity and the establishment of Global Capability Centres (GCCs) by multinational corporations.
Related News Articles
DAMAC Air: Dubai Real Estate Giant Launches Luxury Airline with Free Flight Offers
Dubai-based real estate giant DAMAC Properties has announced the launch of its new luxury airline, DAMAC Air. The company is inviting customers to register for a chance to win free flights.
Leveraging Artificial Intelligence for Systematic Reviews: The Elicit Example
Artificial intelligence (AI) tools are increasingly being used to assist researchers with various research tasks, particularly in the realm of systematic reviews. One such tool, Elicit, is making waves in the academic community for its efficiency and accu
Pune Municipal Corporation to Enhance Urban Infrastructure with 13 New Jetting Machines
Pune, 1st March 2025: The Pune Municipal Corporation (PMC) is set to receive 13 new jetting machines from the Maharashtra government to enhance urban infrastructure and improve water and sewage management. This initiative aims to address the growing needs
Real Estate Sector Sees Record Equity Investment Since 2018: CBRE
Leading the charge were Mumbai, Bengaluru, and Chennai, which collectively accounted for 66 per cent of the equity inflows in Q3 2024, drawing USD 2.5 billion in investments.
Kerala Startup Thithithara Cracks Top 40 at India PropTech Demo Day
Thithithara, an AI-based website for Malayalis to buy land or accommodation in Kerala, has made it to the top 40 at the India PropTech Demo Day, a real-estate technology exhibition organized by Realtinext in Mumbai.
India's Emerging Real Estate Hotspots: Vizag and Tirupati Lead the Way
Vizag and Tirupati have been identified as two of the 17 high-potential real estate hotspots in India, with Visakhapatnam expected to experience accelerated growth across various asset classes.