+
Century to Boost Office Share, Plans Rs 90 Billion GDV Projects
Real Estate

Century to Boost Office Share, Plans Rs 90 Billion GDV Projects

Century Real Estate aims to increase its commercial portfolio share from 30 per cent to 50 per cent over the next five years by developing 7 million square feet of Grade-A office space. Managing Director Ravindra Pai said the expansion aligns with the firm’s strategy to diversify its assets and strengthen its foothold in high-yield commercial real estate.

In parallel, Century will launch over 10 residential and plotted development projects in FY26 across North, East, and Central Bengaluru. These projects are expected to generate a gross development value (GDV) exceeding Rs 90 billion over five years. The residential launches will span plotted communities, aspirational housing, senior living, and luxury homes.

In FY25, Century reported Rs 18.09 billion in sales, with 75 per cent of revenue driven by new launches and 70 per cent contributed by luxury offerings.

The firm is also co-developing Prestige Century Landmark on Outer Ring Road with Prestige Group and constructing two retail-led projects in Yelahanka, along with office space in Electronic City. A 135-acre integrated township is under development near Airport Road in North Bengaluru. This self-sustaining urban hub will house six districts, including premium residences, commercial offices, luxury hospitality, and an education zone.

Backed by a 3,000-acre land bank, Century is also eyeing expansion into Mysuru, with a plotted development project planned. 

Century Real Estate aims to increase its commercial portfolio share from 30 per cent to 50 per cent over the next five years by developing 7 million square feet of Grade-A office space. Managing Director Ravindra Pai said the expansion aligns with the firm’s strategy to diversify its assets and strengthen its foothold in high-yield commercial real estate.In parallel, Century will launch over 10 residential and plotted development projects in FY26 across North, East, and Central Bengaluru. These projects are expected to generate a gross development value (GDV) exceeding Rs 90 billion over five years. The residential launches will span plotted communities, aspirational housing, senior living, and luxury homes.In FY25, Century reported Rs 18.09 billion in sales, with 75 per cent of revenue driven by new launches and 70 per cent contributed by luxury offerings.The firm is also co-developing Prestige Century Landmark on Outer Ring Road with Prestige Group and constructing two retail-led projects in Yelahanka, along with office space in Electronic City. A 135-acre integrated township is under development near Airport Road in North Bengaluru. This self-sustaining urban hub will house six districts, including premium residences, commercial offices, luxury hospitality, and an education zone.Backed by a 3,000-acre land bank, Century is also eyeing expansion into Mysuru, with a plotted development project planned. 

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code