+
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. 

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

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. 

Next Story
Infrastructure Urban

Delivering metals in 24 hours with AI

India’s metal supply chain has long struggled with delays, fragmentation and lack of transparency, forcing purchase teams to chase vendors and juggle uncertain stock. Enlight Metals is tackling these inefficiencies with an AI-powered aggregation platform, multilingual voice-enabled procurement and strategically located dark stores that enable 24-hour delivery – transforming how OEMs, EPCs and infrastructure players source their metals. In a conversation with CW, Dhananjay Goel, Director, and Vedant Goel, Director, shares how the company is reshaping procurement. What problem..

Next Story
Infrastructure Urban

Silvin's CPVC Additive Gets NSF® Certification for Safety

Silvin Additives, a prominent manufacturer of PVC and CPVC additives, has secured the NSF® Guideline 533 certification for its CPVC Super1Pack formulation. This certification affirms the additive’s compliance with stringent international health and safety standards for products intended for drinking water applications.Awarded by NSF, a globally respected public health and safety authority based in Michigan, United States, the certification is granted only after rigorous product testing and inspection. NSF® Guideline 533 specifically assesses the safety of chemical ingredients used in produ..

Next Story
Infrastructure Urban

Mitsubishi Halts Offshore Wind Projects in Japan

Mitsubishi Corporation (MC) has announced its decision to withdraw from three major offshore wind projects off the coast of Japan due to a significant shift in global business conditions. The projects were being developed through a consortium led by its subsidiary, Mitsubishi Corporation Offshore Wind Ltd., and were located off the shores of Noshiro City, Mitane Town, and Oga City in Akita Prefecture; Yurihonjo City in Akita Prefecture; and Choshi City in Chiba Prefecture.The company stated that following a review initiated in February 2025, it concluded the projects were no longer viable. The..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?