Century Real Estate aims for Rs 21 bn sales in FY25

27 May 2024 CW Team

The company attributed this growth to the strong demand for Century?s projects across various segments. Century Novus, launched in April 2023, was sold out within six months. The premium plotted offerings, Century Eden Prime and Century Trails, sold most of their inventory within the first month of launch. Century Ethos, the flagship luxury offering, was also sold out. Overall, Century sold 96% of its residential inventory from the start of FY24.

Encouraged by the response to its projects, Century Real Estate, known for its extensive land banks in Bengaluru for decades, plans to introduce many of its prime land parcels to the market through new large-scale projects. The company is targeting Rs 21 billion in sales for FY25, driven by its upcoming project pipeline.

Ravindra Pai, MD of Century Real Estate, noted that they were close to completing several key projects in both residential and commercial segments and expressed satisfaction with the market's overwhelming response. He highlighted that the Bengaluru real estate market, underpinned by strong fundamentals, was quickly becoming the most desirable in the country. Century Real Estate plans to develop prime land parcels in sought-after locations in Bengaluru, offering luxury residential and commercial projects. These projects are expected to introduce inventory worth over Rs 72 billiob into the market this fiscal year, providing a range of options for buyers in Bengaluru.

Maninder Chhabra, Director of Sales, Marketing & CRM, mentioned that FY24 had been an exceptional year with multiple successful launches, record sales, and standout marketing campaigns. He expressed excitement about the new projects in ultra-prime locations across Bengaluru, starting with a highly anticipated luxury development in Indiranagar soon.

Century Real Estate experienced a significant 121% increase in residential sales bookings compared to the previous fiscal year. This surge resulted in Rs 10.22 billion of sales in the Bengaluru market alone, marking a fourfold growth over the past four years. The company attributed this growth to the strong demand for Century?s projects across various segments. Century Novus, launched in April 2023, was sold out within six months. The premium plotted offerings, Century Eden Prime and Century Trails, sold most of their inventory within the first month of launch. Century Ethos, the flagship luxury offering, was also sold out. Overall, Century sold 96% of its residential inventory from the start of FY24. Encouraged by the response to its projects, Century Real Estate, known for its extensive land banks in Bengaluru for decades, plans to introduce many of its prime land parcels to the market through new large-scale projects. The company is targeting Rs 21 billion in sales for FY25, driven by its upcoming project pipeline. Ravindra Pai, MD of Century Real Estate, noted that they were close to completing several key projects in both residential and commercial segments and expressed satisfaction with the market's overwhelming response. He highlighted that the Bengaluru real estate market, underpinned by strong fundamentals, was quickly becoming the most desirable in the country. Century Real Estate plans to develop prime land parcels in sought-after locations in Bengaluru, offering luxury residential and commercial projects. These projects are expected to introduce inventory worth over Rs 72 billiob into the market this fiscal year, providing a range of options for buyers in Bengaluru. Maninder Chhabra, Director of Sales, Marketing & CRM, mentioned that FY24 had been an exceptional year with multiple successful launches, record sales, and standout marketing campaigns. He expressed excitement about the new projects in ultra-prime locations across Bengaluru, starting with a highly anticipated luxury development in Indiranagar soon.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..