Century Real Estate Secures Rs 1,850 Crore to Boost Bengaluru Projects
Century Real Estate, a Bengaluru-based developer, has raised Rs 1,850 crore in debt funding to expand its residential and Grade A commercial projects. The funding will support the company's growth and meet the rising demand in key Bengaluru locations.
Real EstateBengaluruDebt FundingAres AsiaSc LowyReal Estate MaharashtraMay 23, 2025
The funding round was led by Ares Asia, which contributed Rs 1,600 crore across two tranches, while SC Lowy added Rs 250 crore. The capital will support the development of residential and Grade A commercial properties across key Bengaluru locations.
With Bengaluru emerging as a major hub for luxury real estate and global capability centres (GCCs), Century Real Estate aims to leverage this momentum by expanding its project pipeline. It positions Century to meet rising demand in northern and eastern Bengaluru. The company has demonstrated consistent growth, with over two-fold year-on-year increases for the last five years.
These micro-markets benefit from improved metro connectivity and proximity to the airport, boosting their appeal among high-net-worth individuals, as noted in Knight Frank’s Wealth Report 2025. The strategic location and infrastructure improvements are expected to further enhance the value and attractiveness of Century Real Estate's projects in these areas.
Century Real Estate's expansion plans are well-aligned with the broader economic and demographic trends in Bengaluru. The city's rapid urbanization and economic growth have created a significant demand for high-quality residential and commercial spaces. By securing this substantial funding, Century Real Estate is well-positioned to capitalize on these opportunities and solidify its position as a leading developer in the region.
Frequently Asked Questions
How much funding did Century Real Estate secure?
Century Real Estate secured Rs 1,850 crore in debt funding.
Who were the major contributors to the funding?
Ares Asia contributed Rs 1,600 crore, and SC Lowy 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.
Which areas in Bengaluru are Century Real Estate focusing on?
Century Real Estate is focusing on northern and eastern Bengaluru, which benefit from improved metro connectivity and proximity to the airport.
What is the significance of these micro-markets in Bengaluru?
These micro-markets are significant due to their improved infrastructure and proximity to key facilities, making them highly attractive to high-net-worth individuals and businesses.
Related News Articles
Nadir Godrej Family Acquires Luxury Apartments in Mumbai's Malabar Hill for Rs 180 Cr
Godrej Industries' Chairman Nadir Godrej and his family have acquired three sea-view luxury apartments in Mumbai's Malabar Hill for a total of nearly Rs 180 crore.
GIC Housing Finance Hit by Malware Attack, Launches Investigation
GIC Housing Finance Ltd announced a cyber security incident involving a malware attack on some of its end-user systems, but assured no operational disruption has been observed so far.
Navigating the Bull Market: Expert Insights for Investing Rs 10 Lakh
With the Indian stock market experiencing a bull run, investors are looking for opportunities to invest their money wisely. An expert shares cues on where to invest Rs 10 lakh and what to expect from the upcoming Q1 results and Union Budget.
Revving Up the Ride: Bajaj Auto's CNG Motorcycle Debut
Bajaj Auto's Managing Director Rajiv Bajaj aims to 'return the favour' to Hero Honda with the launch of the world's first CNG-powered motorcycle, 'Freedom'
Haryana, J&K Exit Polls 2024: How Will Election Results Affect the Indian Stock Market?
Recent exit polls in Haryana and Jammu & Kashmir predict losses for the BJP, which may impact the Indian stock market. MOFSL's latest strategy note highlights the market's sensitivity to these political changes and economic factors.
Shimao Group Faces Liquidation Petition in Hong Kong
Shimao Group, a prominent Chinese property developer, has been hit with a liquidation petition by CPYM Link Investment Limited, marking the second such case against a Chinese developer in just two days.