Mr. P Ravindra Pai is the Managing Director of Century Real Estate Holdings Pvt Ltd. Armed with a management degree from the prestigious Indian Institute of Management (IIM) Bangalore and diverse experiences in software programming, business process migration and sales from reputed organisations such as Tata Infotech and GE Capital, Mr. Pai has brought in significant experience in the real estate and construction industry. Mr. Pai oversees all activities of Century Real Estate including sourcing of land, project conceptualization, execution and delivery.
More than 6 million worth of construction have been undertaken under the leadership of Mr. Pai. The company currently has residential projects with a built-up area of around 3.9 mn sqft, plotted development with a saleable area of around 1.02 mn sqft and commercial office projects with leasable area of 1.03 mn sqft. The Company currently has 7 residential projects ongoing with a built-up area of around 3 mn sqft, 4 plotted development with a saleable area of around 4.11 mn sqft and 2 commercial office projects with leasable area of 1 mn sqft.
Under the leadership of Mr. Ravindra Pai, the company grew from being a 50 member company to a 300 strong integrated holding overseeing all the aspects of development. Different verticals like projects and engineering, design and architecture, construction, marketing and communications, and customer service were established under him.
He is instrumental in changing the face of real estate and bringing to life the dream of creating holistic living spaces for various segments of buyers. Even when affordable housing was a distant reality, Mr. Pai envisaged and delivered homes in the sub 30 lakh, sub 50 lakh, sub 70 lakh, sub 1 crore and above 2 crore categories, helping over 25,000 families realise their dream of owning a house. Under his leadership Century Real Estate has become identical with transparency, quality, innovation, superior design and prompt deliveries. The company is also constantly endeavoring to set new benchmarks in the real estate industry and continue using path-breaking technology in projects and setting the standard for real estate development in India.
He teamed up with IIM, Bangalore to acquire data and conduct scientific research on the Indian real estate sector. The research initiative creates a bridge between the industry, government and academia. IIM-B contributes by way of administrative and research work. Academic and practitioner journals publish the data collected from the research, to offer policy prescriptions and guidance to the Indian government and industry stakeholders on important issues related to the real estate sector.
Mr. Pai was recently awarded the Young Achiever’s Award by the Bangalore Management Association for his contribution to the real estate industry.