Century Real Estate gets Rs 4.5 bn from Edelweiss for Bengaluru projects

26 Apr 2024 CW Team

Century Real Estate announced that it had secured Rs 4.50 billion from Edelweiss to finance real estate ventures in Bengaluru. According to a statement released by the company, they stated they had "successfully concluded a funding round with Edelweiss, obtaining Rs 4.50 billion in investment capital."

The company reported that its sales bookings had reached Rs 10 billion during the fiscal year 2023-24, indicating a fourfold increase over a period of four years.

"It has been decided that the Rs 4.50 billion injection will primarily be directed towards the establishment of a new luxury project in central Bengaluru. A portion of the funds will also be earmarked for Century Trails and Century Wintersun Phase II, demonstrating the company's dedication to providing innovative and top-quality residential properties," the statement added.

Century Real Estate has finished construction on more than 100 lakh square feet of residential, commercial, and plotted projects throughout Bengaluru. Additionally, over 200 lakh square feet of residential and commercial projects are currently in various stages of planning and development.

Established in 1973, Century Real Estate Holdings possesses a land bank exceeding 3,000 acres, equivalent to more than $ 4 billion in asset value. Furthermore, the company has a development portfolio of over 200 lakh square feet spread across South India.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..