Century Real Estate Reports Strong Growth Amid Rising Demand for Luxury Properties in Bengaluru

Century Real Estate has achieved a remarkable 2X growth in sales, surpassing ₹1,040 crores in the first half of 2024. With a focus on luxury and aspirational properties, the company is poised to hit ₹2,000 crores in annual sales, driven by a strong demand for high-end homes in Bengaluru’s prime locations.

Housing Prices Continue to Rise Across India’s Top Cities, Up 11% YoY in Q3 2024: CREDAI-Colliers-Liases Foras Report

Housing prices across India’s top eight cities saw an 11% year-on-year rise in Q3 2024, marking the 15th consecutive quarter of growth. Delhi NCR recorded the highest price increase at 32%, followed by Bengaluru with a 24% rise. Unsold inventory continued to decline, signaling a steady demand despite market stabilization.

Bengaluru Registers Rs. 15,739 Crore in Residential Transactions in Q3 2024, North Bengaluru Leads Market Activity

Bengaluru’s residential real estate market recorded Rs. 15,739 crore in transactions during Q3 2024, reflecting a slight dip from the previous year. North Bengaluru leads in activity, while developers like Embassy and Prestige Group topped sales value. Despite a decline in total transactions, demand remains strong, driven by infrastructure development and a shift in housing preferences.

NBR Group Unveils New Brand Identity to Redefine Luxury Living in Bengaluru

NBR Group has unveiled its new brand identity, featuring a refreshed logo and the tagline “Elevate to Extraordinary,” as part of its shift to the luxury high-rise gated community segment. With a focus on sustainability, innovation, and premium amenities, the company aims to redefine luxury living in Bengaluru. This rebranding reflects NBR Group’s commitment to providing aspirational lifestyles with world-class infrastructure and cutting-edge designs.

Century Real Estate Secures ₹450 Crores in Pre-Launch Sales for Codename Built Rare

Century Real Estate has reported ₹450 crores in pre-launch sales for its ultra-luxury project, Codename Built Rare, situated in Indiranagar. Spanning 8.5 acres and featuring 347 high-end residences, the project aims to capitalize on the rising demand for luxury housing in Bengaluru. With construction underway, it is projected to generate total revenue of ₹2,200 crores across two phases.