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

2025-07-14

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.