Century Real Estate expects to develop eight housing projects spread across an area of more than 55 acres over the next 18 months in Bengaluru, Karnataka.

The eight projects, set to be launched in North and East Bengaluru, will offer units priced over Rs 1.4 crore. It plans to get financial partners as per the requirements of the project.

Two of the eight projects - Codename Built Rare in Indiranagar, and Codename UnbeLivable in Yelahanka, will be officially launched over the next two months and have already fetched Rs  650 crore into the company's kitty during the pre-launch phase. With a pricing bracket opening at Rs 5.5 crore and extending up to Rs 25 crore, the estimated revenue is of Rs 2,200 crore. The 8.5-acre project will comprise a total of 345 three and four BHK apartments,townhouses, as well as penthouses.

The company, which has been consistently doubling its revenue year after year, has offered land parcels as part of joint development projects with well-known brands such as Prestige Estates, Brigade Enterprises and others. While it eyes opportunity within Bengaluru and the residential segment, it is also keen on exploring a modest project in the senior living category in the coming financial year.