Century Real Estate, a leading Bengaluru-based developer, has set an ambitious sales target of ₹2,000 crore for FY25, leveraging the growing demand in the luxury and aspirational housing segments. With India’s expanding affluent class and a rising preference for premium living spaces, Century aims to achieve robust growth by launching strategically located high-value projects and strengthening its brand presence.
The real estate market in Bengaluru has witnessed a significant shift, with luxury housing sales growing by over 40% in recent years. Century Real Estate’s focus on high-margin projects caters to evolving buyer preferences for sustainable, technologically advanced, and well-connected homes. In FY24, the company recorded ₹1,500 crore in sales, driven largely by mid-segment and premium offerings. Their move to upscale projects reflects market trends where aspirational homes account for 35% of residential sales.
Urbanisation and government infrastructure initiatives, such as metro expansion and road upgrades, have bolstered property values in Bengaluru. Additionally, Century Real Estate is adopting eco-friendly construction practices and sustainable designs to align with global environmental standards. By integrating green technologies, the firm aims to reduce its carbon footprint while delivering homes that promote energy efficiency and well-being.
From a civic perspective, Century’s focus on urban sustainability highlights the pressing need for real estate solutions that address housing demand without compromising infrastructure quality. With Bengaluru grappling with issues such as traffic congestion and resource scarcity, the company’s projects aim to enhance liveability while contributing to urban regeneration. This dual approach of meeting market demand and prioritising sustainability sets a benchmark for responsible real estate development.