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Century Real Estate raises ₹1,850 cr from Ares Asia, SC Lowy

Century Real Estate raises ₹1,850 cr from Ares Asia, SC Lowy

Time of India22-05-2025
Century Real Estate
has secured ₹1,850 crore in structured debt funding led by global investors
Ares Asia
and
SC Lowy
, marking one of the largest private debt raises by a regional real estate developer in recent quarters.
The capital infusion will enable the Bengaluru based developer to unlock projects with a cumulative Gross Development Value (GDV) of ₹14,000 crore over the next five years.
Ares Asia committed ₹1,600 crore across two tranches, while SC Lowy contributed ₹250 crore. The funds will be channelled towards scaling up residential and Grade A commercial developments across Bengaluru's high-demand micro-markets, the company said in a statement.
'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. Balancing both 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,' said Ravindra Pai, Managing Director, Century Real Estate.
The developer has maintained a robust growth trajectory, clocking over 2x year-on-year growth, buoyed by the rising demand for branded residential spaces in Bengaluru. In H1FY25 alone, the firm posted pre-sales of ₹1,024 crore — a 121% jump in residential bookings compared to FY24.
The latest fundraise underscores renewed investor appetite for India's real estate sector, especially in core urban markets like Bengaluru, where demand for lifestyle-focused housing and institutional-grade office assets continues to outpace supply.
The city is also emerging as a prominent luxury market amongst India's 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 Centers (GCCs), including major players like Google, are further solidifying Bengaluru's position as a hub for business and innovation.
The company has a land bank of over 3000 acre and a development portfolio of over 20 million sq.ft., comprising premium residential and commercial assets like hotels, office buildings, residences, educational institutions, and integrated townships.
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