Bangalore-based Century Real Estate is planning to launch seven projects this year involving an investment of about Rs 800 crore. Of the proposed projects, five will be in the affordable housing segment, one will be a villa project and the last a mixed-use development that will comprise commercial building and high-end residential apartments. The company plans to fund the projects through pre-sales and bank finance. P Ravindra Pai, managing director, Century Real Estate , said, “Our rich heritage in land bank and historical purchase price gives us an edge when it comes to lower costs. Together with our design efficiency and superior planning, we are able to offer homes that exceed customers’ expectations. With a vast land bank, we are able to give our customers houses with a perfect mix of location and price.” The names of the proposed project are Century Paradise, Century Marvel, Century Square, Century Prakruti, Century Arcadia, Century Koruna, and Century Constella. Century Paradise, which is located off Bannerghatta road, comprises a total of 52 apartments with 2 and 3 bhk units. Century Marvel, which is located at Kempapura across 66,721 sq ft, comprises 90 units of 2 and 3 bhk apartments.
Originally posted here:
Bangalore Based Century Real Estate Plans to launch Seven Projects this Year
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