Century Real Estate grabs Rs.450 crore in Pre-launch of new Residential Project in Bengaluru

Bengaluru based prominent real estate developer Century Real Estate has sold their luxury homes which is worth Rs.450 crore during the pre-launch of the phase 1 of their residential building. The newly constructed residential project is all set to come up in the Bengaluru’s Indiranagar area.

The name of the project is Codename Built Rare, is constructed over an area of 8.5 acre land parcel having a total revenue potential of Rs.2,200 crore and will be developed in two phases.The whole project will comprise 347 high-end residences. 

The Director- Sales, Marketing and CRM, Century Real Estate Maninder Chhabra, delightfully mentioned, “We’re thrilled to welcome the profile of buyers who have bought into it thus far, and are confident that the community of residents here will be a constellation of the stars of Bengaluru’s elite from the corporate and business world.”

“Our steadfast dedication to innovation, design excellence, and strategic partnerships has laid the foundation for this promising beginning. We are just starting our journey to redefine luxury living in Bengaluru,” stated Ravindra Pai, Managing Director of Century Real Estate.

The company was established in 1973 by P Dayananda Pai and P Satish Pai, Century Real Estate Holdings Private Limited is a comprehensive real estate development company with a land bank exceeding 3,000 acres.

The company has potential development portfolio of over 20 million square feet comprising a mix of residential and commercial assets. They have developed office buildings, educational institutions, hotels and integrated townships spread across southern India.