Century Real Estate Aims to Unlock ₹14,000 crore in GDV, Backed by ₹1,850 Cr Funding

Bengaluru, May 22, 2025: Century Real Estate, one of Bengaluru’s premier real estate developers, targets unlocking INR 14,000 crore in gross development value (GDV) after securing INR 1,850 crore in debt funding.

This funding, led by Ares Asia and SC Lowy, will be instrumental in driving the company’s expansion strategy and supporting new and existing projects in Bengaluru. Century is confident of unlocking the target GDV over the next five years, further strengthening its development portfolio across key locations in the city.

Century Real Estate has maintained a strong growth momentum of over 2x YoY growth, riding on the unprecedented surge in demand for luxury and aspirational living spaces from established brands in Bengaluru.

In the first half of FY25 alone, the company recorded over INR 1,024 crore in pre-sales revenue, while witnessing a 121 per cent growth in residential sales bookings compared to FY24.

The funding round was spearheaded by Ares Asia, which invested INR 1,600 crore in two tranches, while SC Lowy contributed INR 250 crore to support the development of residential and Grade A commercial spaces, strengthening Century Real Estate’s expansion in Bengaluru’s prime micro-markets.

Securing INR 1,850 crore in funding is a testament to the trust our financial partners place in Century Real Estate’s vision and execution,” Ravindra Pai, MD, Century Real Estate, said.

“With Bengaluru’s real estate market witnessing unprecedented demand for both residential and grade A commercial spaces, this capital infusion empowers us to accelerate our expansion, deliver world-class developments, and reinforce our leadership in the industry.”

He added, “Balancing residential and commercial growth, we are committed to meeting the high demand for premium living and business spaces. Our strong FY25 performance has set the foundation for an ambitious year ahead, and we remain dedicated to shaping Bengaluru’s skyline with innovative, high-quality spaces.”

Bengaluru’s real estate market continues to thrive driven by the increasing demand for grade A commercial and office spaces. Micro-markets in the northern and eastern parts of the city are set to become major residential and commercial areas, especially as the metro connectivity improves and due to northern Bengaluru’s proximity to the airport.

The city is also emerging as a prominent luxury market amongst top cities with Knight Frank’s Wealth Report 2025 highlighting that people investing in real estate buy more square footage in Bengaluru for $1 million compared to Mumbai and Delhi.

These advantages, coupled with a growing presence of multinational corporations setting up Global Capability Centres, including major players like Google, are further solidifying Bengaluru’s position as a hub for business and innovation.