Bharat Bhoomi Fund and BOOTES Join Forces to Build Net-Zero Real Estate in India
In a landmark move set to redefine India’s real estate and infrastructure landscape, the Bharat Bhoomi Fund – an INR 2000 crore Category II AIF by Wealth Company Asset Management Private Limited – has entered into a strategic alliance with BOOTES, India’s first Net-Zero Engineering Company. This collaboration marks the coming together of responsible capital and sustainable innovation, combining the Bharat Bhoomi Fund’s ₹2,000 crore investment vision with BOOTES’ engineering expertise in climate-smart and off-grid infrastructure.
Launched earlier this year, the Bharat Bhoomi Fund is focused on transforming India’s real estate sector through sustainable, long-term asset creation. The Fund is dedicated to building Net-Zero, high-yield real estate assets that deliver measurable impact in energy efficiency, water conservation, and carbon reduction.
Under this partnership, BOOTES and the Bharat Bhoomi Fund will jointly identify, design, and execute a new generation of projects, including Net-Zero plotted developments, luxury villa communities, and mixed-use smart townships across India’s emerging high-growth corridors. Each project will be aligned with the United Nations Sustainable Development Goals (SDGs) and integrate advanced solutions such as renewable energy systems, hydronic cooling, and Zero Liquid Discharge (ZLD) water recycling technologies.
As the principal EPC partner, BOOTES will lead engineering, procurement, and construction, while co-investing in core infrastructure systems such as renewable power and water management, ensuring that every development achieves energy independence and long-term profitability.
“The Bharat Bhoomi Fund is more than a financial vehicle, it’s a catalyst for green transformation,” said Mr. Rakesh Kumar, Managing Partner - Bharat Bhoomi Fund, Wealth Company Asset Management Private Limited. “By partnering with BOOTES, we’re bringing together responsible capital and engineering excellence to create assets that will not only outperform in yields but also redefine sustainability benchmarks in India’s real estate ecosystem.”
Mr. Deepak Rai, Founder & Managing Director of BOOTES, added, “This partnership represents a new model for India’s infrastructure growth, where every square foot built creates both economic and environmental value. Together, with the Bharat Bhoomi Fund, we’re proving that sustainable construction is not just possible, but profitable, driving India closer to its Net-Zero and Aatmanirbhar Bharat goals.”
This alliance between the Bharat Bhoomi Fund and BOOTES sets the foundation for a replicable, scalable model of climate-resilient real estate, one that delivers strong returns to investors while accelerating India’s transition to a low-carbon future.
