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

Century Real Estate Secures Rs 1,850 Crore to Boost Bengaluru Projects
Real Estate:Bengaluru-based real estate developer Century Real Estate has secured Rs 1,850 crore in debt funding to fuel its ambitious expansion plans, targeting a Gross Development Value (GDV) of Rs 14,000 crore. The funding round was led by Ares Asia, which contributed Rs 1,600 crore in two tranches, while SC Lowy added Rs 250 crore to back the company's growth strategy.

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

Revolutionizing Home Decor with Artificial Intelligence
real estate news

Revolutionizing Home Decor with Artificial Intelligence

Discover how AI is transforming the world of home decor, from personalized design recommendations to virtual staging and space planning.

August 22, 2024
Read Article
Explore the Net Worth of Baba Siddique: Senior NCP Leader Shot in Mumbai
Real Estate Mumbai

Explore the Net Worth of Baba Siddique: Senior NCP Leader Shot in Mumbai

Baba Siddique, a prominent leader of the Nationalist Congress Party (NCP), has recently been in the news for a tragic incident in Mumbai. Despite the unfortunate events, his financial standing and property holdings remain a topic of interest. Discover wha

October 12, 2024
Read Article
Maharashtra Assembly Elections 2024: North Nagpur Senior Citizens Endorse Khobragade
Real Estate Maharashtra

Maharashtra Assembly Elections 2024: North Nagpur Senior Citizens Endorse Khobragade

Retired officials from North Nagpur have come forward to endorse Vijay Khobragade, lauding his sincerity, loyalty to Dr. Babasaheb Ambedkar's principles, and his ability to get work done efficiently.

November 11, 2024
Read Article
Kolkata's Residential Market Surges 16% in 2024, Office Rentals Climb 7%
real estate news

Kolkata's Residential Market Surges 16% in 2024, Office Rentals Climb 7%

Kolkata’s residential real estate market has experienced a significant 16% year-on-year surge in sales in 2024, with office rentals also rising by 7% according to a report by Knight Frank.

January 7, 2025
Read Article
Macrotech Developers Slashes Q3 Debt by 12% to Rs 4320 Cr, Boosted by Strong Sales
real estate news

Macrotech Developers Slashes Q3 Debt by 12% to Rs 4320 Cr, Boosted by Strong Sales

Macrotech Developers has reported a significant 12% reduction in its debt to Rs 4320 crore in the third quarter, driven by robust sales in the housing and real estate sectors. This achievement underscores the company's commitment to financial discipline a

January 27, 2025
Read Article
Affordable Housing Market Sees a Ray of Hope After RBI Policy Rate Cut
real estate news

Affordable Housing Market Sees a Ray of Hope After RBI Policy Rate Cut

The long-struggling affordable housing segment is showing signs of revival following the Reserve Bank of India's (RBI) recent decision to cut key policy rates. Real estate experts believe this move could provide much-needed impetus to the sector, making h

February 7, 2025
Read Article