Luxury Homes Worth ₹450 Crore Sold in Bengaluru by Century Real Estate

Century Real Estate sells luxury homes worth ₹450 crore during pre-launch of project in Bengaluru's Indiranagar area.

Century Real EstateLuxury HomesBengaluruReal EstateResidential ProjectReal EstateSep 26, 2024

Luxury Homes Worth ₹450 Crore Sold in Bengaluru by Century Real Estate
Real Estate:Century Real Estate, a Bengaluru-based real estate developer, has sold luxury homes worth ₹450 crore during the pre-launch of phase 1 of its residential project, Codename Built Rare, in the city's Indiranagar area.

The project, spread over 8.5 acres, will be developed in two phases and has a total revenue potential of ₹2,200 crore. It will comprise 347 high-end residences, making it a coveted address for the city's elite.

According to Maninder Chhabra, Director- Sales, Marketing and CRM, Century Real Estate, the company is thrilled to welcome the profile of buyers who have bought into the project thus far. He added that the community of residents will be a constellation of the stars of Bengaluru's elite from the corporate and business world.

The construction work for phase 1 of the project is ongoing in full swing, with a mix of global and homegrown players such as CPG Corporation, Zachariah Consultants, and BL Kashyap & Sons working on the project.

Ravindra Pai, Managing Director of Century Real Estate, attributed the project's success to the company's commitment to innovation, design excellence, and partnerships. He added that the company is redefining luxury living in Bengaluru.

About Century Real Estate Holdings Private Limited
Century Real Estate Holdings Private Limited is an integrated, full-service real estate development company founded by P Dayananda Pai and P Satish Pai in 1973. The company has a land bank of over 3,000 acres and a development portfolio of over 20 million square feet, comprising a mix of residential and commercial assets, including office buildings, educational institutions, hotels, and integrated townships spread across southern India.

Frequently Asked Questions

Where is the Codename Built Rare project located?

The project is located in Indiranagar, Bengaluru.

What is the total revenue potential of the project?

The total revenue potential of the project is ₹2,200 crore.

How many residences will the project comprise?

The project will comprise 347 high-end residences.

Who are the partners working on the project?

A mix of global and homegrown players such as CPG Corporation, Zachariah Consultants, and BL Kashyap & Sons are working on the project.

When was Century Real Estate Holdings Private Limited founded?

Century Real Estate Holdings Private Limited was founded in 1973 by P Dayananda Pai and P Satish Pai.

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