Century Real Estate Secures ₹1,850 Cr to Fuel ₹14,000 Cr GDV Ambitions in Bengaluru

Bengaluru-based developer Century Real Estate is reportedly gearing up to unlock a Gross Development Value (GDV) of ₹14,000 crore over the next five years, following a successful debt funding round of ₹1,850 crore. The funding was led by Ares Asia and SC Lowy, and is expected to catalyse the firm’s ongoing expansion and bolster both residential and commercial developments across Bengaluru.

Capital Infusion Aimed at Accelerating Growth

According to company representatives, the infusion of funds would be strategically channelled towards new launches as well as ongoing projects in key micro-markets of the city. Ares Asia is understood to have invested ₹1,600 crore across two tranches, while SC Lowy has backed the initiative with ₹250 crore. These resources are set to fuel the development of both high-end residential properties and Grade A commercial assets.

Leadership Commentary Reflects Confidence in Market Momentum

Managing Director Ravindra Pai reportedly stated that the funding reflects the trust reposed by financial partners in the firm’s vision and ability to deliver. He added that with Bengaluru witnessing record demand for premium residential and commercial spaces, this capital would help the company accelerate its growth agenda. The developer, he said, remains committed to contributing to the city's evolving skyline with innovative, high-quality projects.

Robust Performance in FY25 Fuels Optimism

Company performance in the first half of FY25 has been particularly noteworthy, with Century Real Estate having recorded pre-sales revenues exceeding ₹1,024 crore. The firm also witnessed a 121% increase in residential booking sales compared to the same period in FY24. Backed by this strong momentum, the developer is optimistic about delivering strong results while meeting the rising aspirations of Bengaluru's luxury homebuyers and commercial occupiers.

Sustained Demand Driving Strategic Growth

The company is reportedly experiencing over 2x year-on-year growth, driven by the surge in demand for luxury housing and brand-led developments in Bengaluru. This growth, coupled with the new capital, is expected to significantly strengthen Century’s footprint across the city's most sought-after locations.

Disclaimer: The information presented in this news article is based on public announcements and statements made by involved stakeholders. Readers are advised to verify independently before making any investment decisions.