BENGALURU, Nov. 24 -- Ranked #48 in the Best Real Estate & Infrastructure Companies by Construction Week,9thAnniversary Issue
Honored with the title 'The Moguls of Real Estate - India's top developers' by Realty Plus
Century Real Estate, South India's premier developers and land aggregators, has been rated among the best Real Estate companies in India by Realty Plus and Construction Week in industry rankings.
Century Real Estate was ranked #48 in the list of 50 Best Real Estate & Infrastructure Companies by Construction Week, a venture of ITP Media Group. By ensuring its projects achieve LEED Gold or Platinum rating, the Century brand reverberates loyalty, in touch with the latest technology, and is powered by trust and quality.
The criteria used to rank the companies were: number of projects launched in the last two years, construction methodologies; significant milestones; number of cities present in and projects in those cities; change of management level employees, if any, recently; list of green projects; best practices followed; and EBITDA. The companies were rated by independent consultants on the above criteria and their points tallied to arrive at the list.
In addition, Realty Plus, an Exchange4media venture, counted Century Real Estate among 'The Moguls of Real Estate - India's top 100 developers'. The top influencers and trendsetters of the Real Estate sector were identified and profiled, while also exploring their organizations and 'success mantra'.
Speaking on the occasion, Mr. P. Ravindra Pai, MD, Century Real Estate said, "On this joyous occasion, I would like to thank each and every member of the Century family for sharing our vision of excellence and adoption of best practices in the industry. Century's brand recognition is akin to timely delivery of quality products by anticipating and innovating for tomorrow's trends and needs; and such honors strengthen our resolve to continue our legacy, set new benchmarks and scale new heights. We thank Construction Week and Realty Plus for acknowledging our efforts and are deeply humbled by their recognition."
Founded by Dr. P. Dayananda Pai and Satish Pai in the year 1973, Century Real Estate quickly grew into an integrated, full service, real estate firm delivering imminent commercial and residential milestones in Karnataka with state-of-the-art interiors. Century Real Estate is responsible for building landmark developments in Bengaluru, such as the Manipal Centre, Taj Residency and the Diamond District. Ravindra Pai, MD, Century Real Estate shared his success mantra - "Be open to adopting new technologies, revolutionary materials and cutting-edge designs."
With a land bank in excess of 3,000 acres and a development portfolio of over 20 million square feet, Century Real Estate has firmly established itself as a Mogul of Real Estate in South India.
About Century Real Estate
Century Real Estate Holdings Pvt. Ltd., an integrated, full-service real estate development company, was founded by Dr.P. Dayananda Paiand Mr. Satish Pai in the year 1973.Headquartered in Bengaluru, Century Real Estate Holdings Pvt. Ltd. are the largest owners of real estate in Bengaluru having more than 40 years of industry experience and a land bank in excess of 3,000 acres representing more than USD 2 billion in asset value and a development portfolio of over 20 million square feet comprising hotels, office buildings, residences, educational institutions and integrated townships spread across South India.
As a group, they are also involved in associated sectors such as hospitality, healthcare and education. They hold the unique distinction of having bought land on MG Road for INR 5 per sq. ft. where current market value is about INR 40,000 per sq. ft. Century projects include thefinest plotted developments and premium luxury condominiums located in and around Bengaluru, price range starting from INR 30 Lakh to INR 13 Crore.
For more information, please visit: http://www.centuryrealestate.in/
Concept Public Relations India Limited
Published by HT Digital Content Services with permission from PR Newswire.