Century Real Estate has announced ₹450 crores in sales during the pre-launch of its ultra-luxury project, Codename Built Rare, in Indiranagar. The project, spanning 8.5 acres near the Karnataka Golf Association, will feature 347 high-end residences and is expected to generate total revenue of ₹2,200 crores across two phases.

The development will offer over 40 amenities, including a rooftop pool and Sky Café, while dedicating around 80% of the area to green spaces. Construction for phase one is currently underway.

Ravindra Pai, Managing Director of Century Real Estate, highlighted the strong market response, indicating confidence in the brand and the project. As demand for luxury housing in Bengaluru continues to rise, the company aims to enhance its presence in the premium segment of the real estate market.

Also Read: Homes Sold on Tuesday in Worli for Rs 81.45 Crore

You May Also Like

Unfair Practice: Builder Sells Flat Of Which He Didn’t Have Approvals

Mumbai builder was found to be involved in “unfair practice” by promoting…

MahaRERA finds 1781 cases, where one bank account is connected with several projects

MahaRERA has sent show cause notices to 45 developers, notices are also…

Realty Stocks Face Fed Headwind After Four-Day Rally

Nifty Realty faces a fresh test on June 18 as Fed Chair Warsh signals a possible October rate hike, clouding the sector’s four-session, 10% peace-deal recovery.

GST Cut on Cement: Will Homebuyers Really Benefit, or Will Developers Pocket the Gains?

The GST Council’s decision to cut cement tax rates to 18% is expected to reduce construction costs by 3–5%. But will this relief ever reach homebuyers? Drawing from two decades of reporting on real estate, Varun Singh argues that past experience shows developers rarely pass on such benefits. From premium reductions to infrastructure boosts like the Coastal Road, home prices have only risen. Unless homebuyers collectively demand accountability, this GST relief too may remain only in builders’ profit books.