Century Real Estate Holdings, the realty development arm of Century Group, is looking to raise Rs 700 crore to expand its development initiatives. The company is planning to tap capital markets to raise the fund in addition to the option of going to private equity players. The group, which has over 3,000 acres of land in and around Bangalore city, diversified into development of projects in 2007 and has delivered residential projects covering 1.5 million square feet in an effort to move up the value chain and derive more value for its land bank. (BS)
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