Century real estate targets Rs 2,000 crore sales in FY25, reports record growth
Century Real Estate has reported a stellar 2X year-on-year (YoY) growth in sales, achieving ₹1,040 crore in the first half of FY 2024-25. With a strong pipeline of new launches in prime locations, the company is eyeing ₹2,000 crore in sales for the fiscal year.
Mahesh Prabhu, CEO of Century Real Estate, said, “Our growth is a testament to our unwavering focus on embellishing Bengaluru’s skyline with world-class developments. At Century, we believe our people are our greatest asset. Their innovation and expertise are driving our vision forward as we bring our prime land banks into new developments. These upcoming launches will offer unmatched locations, world-class homes, and top-tier amenities."
Century Real Estate posted its highest-ever quarterly sales of ₹507 crore in Q2 FY25. Key pre-launch projects, Codename Built Rare and Codename Unbelievable, collectively generated over ₹700 crore in sales during H1 FY25, even before their official launches. Codename Built Rare alone contributed ₹450 crore, reflecting strong demand for luxury residences in premium areas like Indiranagar.
Additionally, nearing-completion projects such as Century Ethos, Century Wintersun, and Century Trails contributed over ₹300 crore to the company’s overall sales performance.
Maninder Chhabra, Director – Sales, Marketing & CRM, highlighted a shift in consumer preferences: “There has been a noticeable trend of homebuyers opting for larger homes with enhanced amenities and integrated ecosystems. Millennials, in particular, are driving this
