Century Real Estate raises Rs 175 cr for luxury housing project

18 May 2021 CW Team

Century Real Estate, based in Bengaluru, has raised Rs 175 crore from investment firm PAG for the development of a luxury housing project.

Century Real Estate, a leading developer and one of South India's largest landowners, announced a Rs 175 crore investment from global investment firm PAG for its ultra-luxury project Century Ethos.

The fund, according to the company, will be used to expedite the construction of the project as well as to retire existing debt.

The 7.3-acre project, which is currently under construction, is located in prime north Bengaluru and will house approximately 330 luxury units. The prices of the units range between Rs 3.5 crore and Rs 12.5 crore.

The fund will assist the company in hastening the project's completion, Ravindra Pai, Managing Director at Century Real Estate told the media.

Century Real Estate stated that it has over 3,000 acres of land bank and over 20 million sq ft of residential and commercial assets under construction, representing a total asset value of more than $3 billion.

Its over 20 million sq ft development portfolio includes hotels, office buildings, residences, educational institutions, and integrated townships.

Prestige Estates Projects announced a joint venture with Century Group last month to develop an office park in Bengaluru at a cost of around $123 million.

PAG is a leading investment firm in Asia. It manages $40 billion in capital across various strategies such as private equity, real estate, and absolute returns.

Image Source

Also read: Expansive luxury living rooms by Essentia Environments

Also read: Luxury properties secure big ticket deals

Infrastructure Urban

09 Jan 2026

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..

Sources Unlimited Introduces Vitamine Pendant Lamp by Melogranoblu

Sources Unlimited has launched the Vitamine Pendant Lamp by Melogranoblu in India, expanding its portfolio of curated international luxury lighting solutions. Designed and crafted in Italy, the Vitamine pendant reflects contemporary glass artistry, combining hand-blown craftsmanship with refined aesthetics and atmospheric illumination.The Vitamine Pendant Lamp is sculpted in hand-blown glass and is available in frosted, silver and black metallised finishes. Each finish offers a distinct visual identity while maintaining a cohesive and sophisticated design language. The lamp’s softly contoure..