Century Real Estate Raises ₹1,850 Crore to Support ₹14,000 Crore GDV Projects in Bengaluru

Century Real Estate, one of Bengaluru’s established property developers, has raised ₹1,850 crore in debt funding to support its expanding portfolio of residential and commercial developments. This funding marks a critical step in the company's efforts to achieve a projected Gross Development Value (GDV) of ₹14,000 crore, largely focused within Bengaluru’s growing real estate market.

The funding round was led by Ares Asia, which committed ₹1,600 crore in two tranches. SC Lowy, an independent investment firm, contributed an additional ₹250 crore. The funds will primarily be directed toward scaling up the company's development pipeline across strategic zones of the city, including both upcoming and ongoing residential and Grade A commercial projects.

Century Real Estate plans to leverage this capital to enhance the pace of construction and increase ts presence across high-demand micro-markets in Bengaluru. The developer has reported consistent growth over the past five years, recording more than double year-on-year growth in this period. Much of this expansion has been driven by steady demand for mid- to high-segment housing as well as office space from corporates and global investors.

In the first half of the financial year 2024–25, Century Real Estate recorded pre-sales revenue of ₹1,024 crore, alongside a 121% increase in residential bookings compared to the previous fiscal period. The company’s strategy focuses on unlocking value from both land parcels in its existing inventory and newly acquired development rights. It is also targeting land parcels in northern and eastern Bengaluru—areas that are seeing growing interest due to infrastructure improvements and improved airport connectivity.

The Managing Director of Century Real Estate, Ravindra Pai, said that the funding validates the trust that financial institutions place in the company’s business model. He noted that Bengaluru's real estate ecosystem continues to evolve with increased interest from homebuyers and corporate tenants alike, particularly in locations that offer connectivity and social infrastructure.

Century’s recent growth aligns with broader trends in Bengaluru’s property market. The city is witnessing a rise in demand for high-quality residential and commercial spaces, especially in the context of the growing presence of Global Capability Centres (GCCs). Several multinational corporations are either expanding or setting up operations in the city, resulting in a spike in demand for modern office space. This trend has had a ripple effect on residential housing demand, particularly in the premium segment.

According to Knight Frank’s Wealth Report 2025, Bengaluru has become one of the top Indian cities attracting investments from high-net-worth individuals (HNIs) in the housing sector. Rising disposable incomes, a growing expatriate population, and global corporate migration to the city are all contributing to this shift. Northern Bengaluru, in particular, has emerged as a key micro-market due to its proximity to Kempegowda International Airport and major IT parks.

With its current funding in place, Century Real Estate plans to fast-track execution timelines and strengthen its position in Bengaluru’s property market. The company is currently involved in projects across multiple zones, with a mix of plotted developments, luxury residences, and commercial towers. It continues to evaluate new land opportunities and joint ventures to support long-term growth.

Image source- centuryrealestate.in