CENTURY GROUP PLANS HUGE REALTY ROLLOUT (to launch initially 1,800 residential units ranging from affordable apartments to high-end villas at Bangalore).

Century Group proposes to monetise its $4 billion worth real estate land holdings even as the group is preparing to launch major residential and commercial projects under its development arm, Century Real Estate Holdings (CREH). Century Group has a land bank of 3,000 acres in and around Bangalore. Of this, 340 acres of land, put into 12 special purpose vehicles (SPVs), have been consolidated under CREH. Another 1,200 acres divided across 32 SPVs will come under CREH in the near future. Initially, CREH plans to launch …