Bengaluru-based real estate firm Century Real Estate has secured ₹1,850 crore in debt funding to support its ongoing and upcoming residential and commercial developments.
The funding round was led by Ares Asia, which invested ₹1,600 crore in two tranches. SC Lowy contributed an additional ₹250 crore. The capital will be deployed across various projects in Bengaluru, covering both current developments and those in the pipeline.
According to the company, the infusion will be used to expand operations and meet growing demand for residential and Grade A commercial properties in the region.
The Bengaluru real estate market continues to see consistent demand for both housing and high-grade office spaces. Century Real Estate plans to use this funding to scale its presence in these segments.
Ravindra Pai, Managing Director of Century Real Estate, noted that the financing reflects investor confidence in the company’s long-term strategy and execution capability.
Century Real Estate, founded by P Dayananda Pai and P Satish Pai, is among South India’s established property developers. The firm holds a land bank exceeding 3,000 acres and a development portfolio of over 20 million square feet. This includes residential complexes, office buildings, hospitality assets, educational institutions, and integrated townships.
As the company looks ahead to its next phase of growth, the fresh funding is expected to support strategic expansion in the coming year.
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By Proptechbuzz
By Ravi Kumar
