Century Real Estate Raises Rs 1,850 Crore to Fuel Bengaluru Expansion Plans

Century Real Estate Raises Rs 1,850 Crore to Fuel Bengaluru Expansion Plans

By siliconindia   |   Thursday, May 22, 2025
  • Century Real Estate raises Rs 1,850 crore in debt funding.
  • Ares Asia contributes Rs 1,600 crore; SC Lowy invests Rs 250 crore.
  • Company aims for a Gross Development Value (GDV) of Rs 14,000 crore.
Bengaluru-based real estate developer Century Real Estate has raised 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.

Read More News :

ON THE DECK