Baring Private Equity Partners (BPEP), along with some of its international investors, is likely to invest in a Bengaluru based company.

BPEP is likely to invest about $75 million (approx Rs 337.5 crore) in Century Real Estate. While Baring is likely to bring in around $53 million (approx Rs 238.5 crore), overseas investors may invest a little over $20 million (approx Rs 90 crore) in additional investment. The said deal is likely to be sealed in February 2011.

The Baring-led investors are likely to acquire around 26 per cent stake in the holding company with an estimated 3,000 acre of land bank in south India. The investment may be pumped in as seed capital to develop multiple townships around Bengaluru.

Century has 14 projects spread across 1.2 million sq ft under various stages of development. It is investing Rs 250 crore in a 68-acre integrated township close to the Bengaluru International Airport.

It has also entered into a management contract with Four Seasons to set up a luxury hotel in Bengaluru. The project is slated to be completed by 2013. It will also house 100 branded residences, high-end retail stores and commercial complexes.