Century Real Estate Doubles Sales Bookings Amid Strong Residential Demand

Century Real Estate, a leading Bengaluru-based realty firm, has witnessed a substantial surge in sales bookings, reporting figures of Rs 1,062 crore for the July-September period. This marks a significant increase from Rs 452 crore recorded in the corresponding period last year, underscoring the strong demand for residential properties.

CEO Mahesh Prabhu attributed this quarter's unprecedented performance to robust consumer demand and broader market shifts in Bengaluru's housing segment, including increased NRI investments and corridor growth driven by infrastructure development. These factors have contributed to the rising demand for premium residential properties.

Director of Sales, Marketing, and CRM, Maninder Chhabra, highlighted the importance of consumer insights in shaping product strategies. He noted that Century Real Estate's ability to swiftly translate emerging lifestyle trends into resonant developments has played a pivotal role in their recent success. With a development portfolio exceeding 25 million sq ft, Century Real Estate continues to strengthen its presence in luxury micro-markets and growth hubs in North Bengaluru.