Bakeri Group and Lumos Launch Rs 500 Crore Real Estate Fund
Bakeri Group and Lumos Alternate partner to create a Rs 500 crore real estate investment fund, focusing on mid-market residential projects in key Indian cities. This fund aims to provide superior returns to investors, leveraging Bakeri Group's extensive d
Real EstateInvestmentBakeri GroupLumos AlternateSakar Realty FundReal Estate MumbaiFeb 12, 2025
The platform, named 'Sakar Realty Fund- I', has recently received final approval from SEBI and will focus on mid-market residential projects in major Indian cities such as Bengaluru, Mumbai, Ahmedabad, and Pune.
The fund aims to provide superior returns to its investors within an investment horizon of 3-4 years per project.
Bakeri Group, with a 65-year legacy, has delivered more than 420 lakh square feet of real estate development over the years.
This extensive experience and execution capabilities are expected to drive the success of the Sakar Realty Fund.
The platform is designed to attract a diverse range of investors, including high-net-worth individuals (HNIs), family offices, and institutional investors.
According to Anuranjan Mohnot, Managing Director and CEO of Lumos Equity Advisors Pvt Ltd, the real estate market has shown robust growth over the past few years.
Many family offices and HNIs are seeking long-term direct partnerships with credible real estate developers who have successfully navigated multiple real estate cycles.
The Sakar Realty Fund provides investors with the opportunity to partner with one of the most trusted and experienced developers at an early stage and on pre-defined terms.
Mohnot adds that a pre-structured deal with a credible developer creates a win-win situation for both parties.
Developers gain confidence in the availability of equity on call, while investors benefit from a well-defined corporate governance framework and return structure with their preferred developer.
Pavan Bakeri, Promoter and Managing Director of Bakeri Group, emphasizes that the fund uniquely blends development expertise with independent investment acumen.
This combination is expected to deliver value to investors while contributing to landmark real estate projects in major Indian cities.
Bakeri Group brings a strong track record of successful projects and a deep understanding of the real estate market.
Lumos Alternate, on the other hand, specializes in investment management and has a proven track record of delivering superior returns to its investors.
The partnership between these two entities is a strategic move to capitalize on the growing demand for mid-market residential projects in India.
Frequently Asked Questions
What is the total investment value of the Sakar Realty Fund?
The total investment value of the Sakar Realty Fund is Rs 500 crore.
Which cities will the Sakar Realty Fund focus on?
The Sakar Realty Fund will focus on mid-market residential projects in Bengaluru, Mumbai, Ahmedabad, and Pune.
Who are the key partners in the Sakar Realty Fund?
The key partners in the Sakar Realty Fund are Bakeri Group and Lumos Alternate.
What is the investment horizon for projects in the Sakar Realty Fund?
The investment horizon for projects in the Sakar Realty Fund is 3-4 years per project.
What is the expected return for investors in the Sakar Realty Fund?
The Sakar Realty Fund aims to provide superior returns to its investors, leveraging the exceptional execution capabilities of Bakeri Group.
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