B
engaluru, known as the world's fastest growing city, has experienced a significant surge in luxury and aspirational real estate since 2020. Century Real Estate, one of the city's leading developers, has continued its legacy of driving growth with remarkable 2X year-over-year sales growth, reaching ₹1,040 crores in the first half of the fiscal year.
The company is poised to cross ₹2,000 crores in sales this fiscal, solidifying its position among top-tier developers in Bengaluru. Notably, Century Real Estate recorded a record ₹507 crores in sales during Q2 FY 2024-25, with key pre-launch projects Codename Built Rare and Codename Unbelievable generating over ₹700 crores before their launch.
Codename Built Rare alone achieved ₹450 crores in the pre-launch phase, highlighting the high demand for luxury residences in prime locations like Indiranagar. Completed projects such as Century Ethos, Century Wintersun, and Century Trails contributed ₹300 crores to the company's overall sales figures.
Mahesh Prabhu, CEO of Century Real Estate, attributes the company's growth to its focus on innovation, customer-centricity, and people-focused organization. He expressed excitement about upcoming projects in East and North Bengaluru, which will offer unmatched locations, world-class homes, and best-in-class amenities. As the company continues to contribute to Bengaluru's development journey, it remains committed to bringing prime land into the market and executing high-quality developments that cater to discerning homebuyers.
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