Summary:
Bengaluru, Karnataka, India – Business Wire India Century Real Estate, a leading developer and one of the largest landowners in South India, clocked in their highest monthly residential sales ever in October.
According to company officials, the 32% growth in sales revenue compared to previous monthly sales records is attributed to the demand for luxury projects and ready-to-move-in homes.
The company has achieved a 38% Y-o-Y growth in H1 as well.
Century Real Estate is currently ranked in the Top 40 in India and is seen as one of the leading private developers in Bengaluru that offer high-quality projects across aspirational, luxury, and plotted segments.
The company’s luxury projects contributed 53% of the sales in October, followed by the aspirational segment at 27%.
The company also states that themed plotted development projects continue to see a growing demand in this post-pandemic era.