Lumos Alternate and Bakeri Group Launch Rs 500 Crore Sakar Realty Fund for Housing Projects
Lumos Alternate and Bakeri Group have partnered to establish the 'Sakar Realty Fund- I', a Rs 500 crore real estate investment platform aimed at mid-market residential projects in major Indian cities including Bengaluru, Mumbai, Ahmedabad, and Pune.
Real EstateInvestmentHousing ProjectsSakar Realty FundBakeri GroupReal Estate NewsFeb 12, 2025
The 'Sakar Realty Fund- I' has recently received final approval from the Securities and Exchange Board of India (SEBI) and is set to invest in mid-market residential projects across key Indian cities such as Bengaluru, Mumbai, Ahmedabad, and Pune.
The fund aims to provide superior returns to its investors by leveraging the exceptional execution capabilities of the Bakeri Group, which boasts a 65-year legacy of delivering more than 4.20 lakh square feet of real estate development.
The Sakar Realty Fund- I is designed with an investment horizon of 3-4 years per project, making it an attractive option for a diverse range of investors, including high-net-worth individuals (HNIs), family offices, and institutional investors.
Anuranjan Mohnot, Managing Director and CEO of Lumos Equity Advisors Pvt Ltd, stated, 'The real estate market has been robust over the past few years, and many family offices and HNIs are looking to establish long-term direct partnerships with credible real estate developers who have successfully navigated multiple real estate cycles.'
One of the key advantages of the Sakar Realty Fund is its unique structure, which provides investors the opportunity to partner with one of the most trusted and experienced developers at an early stage and on predefined terms.
According to Mohnot, 'A pre-structured deal with a credible developer creates a win-win situation for both investors and developers.
While the developer gains confidence in the availability of equity on call, 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, emphasized the fund's potential to deliver value to investors while contributing to significant real estate projects in major Indian cities.
'The fund uniquely blends development expertise with independent investment acumen, creating a synergy that not only benefits investors but also drives the development of landmark projects,' he said.
Bakeri Group, with its extensive experience and successful track record in real estate development, is well-positioned to lead these projects.
The Sakar Realty Fund- I is poised to attract substantial interest from a variety of investors, offering a compelling investment opportunity in the Indian real estate market.
Frequently Asked Questions
What is the 'Sakar Realty Fund- I'?
The 'Sakar Realty Fund- I' is a Rs 500 crore real estate investment platform jointly established by Lumos Alternate and Bakeri Group. It has received final approval from SEBI and is designed to invest in mid-market residential projects in major Indian cities.
What is the investment horizon for the Sakar Realty Fund- I?
The investment horizon for the Sakar Realty Fund- I is 3-4 years per project, providing a well-defined timeline for investors.
Who are the key partners in the Sakar Realty Fund- I?
The key partners in the Sakar Realty Fund- I are Lumos Alternate, an investment management firm, and Bakeri Group, a well-established real estate developer with a 65-year legacy.
What types of investors is the Sakar Realty Fund- I targeting?
The Sakar Realty Fund- I is targeting a diverse range of investors, including high-net-worth individuals (HNIs), family offices, and institutional investors.
What is the main advantage of the pre-structured deal in the Sakar Realty Fund- I?
The main advantage of the pre-structured deal in the Sakar Realty Fund- I is that it creates a win-win situation for both investors and developers. Investors gain from a well-defined corporate governance framework and return structure, while developers benefit from the confidence in the availability of equity on call.
Related News Articles
Arvind SmartSpaces Ltd Sees Impressive Growth with 49% YoY Increase in Bookings
Arvind SmartSpaces Limited announces its Q1 FY25 financial results, boasting a 49% YoY growth in bookings and a 21% increase in collections.
PCMC Contract Worker Arrested in Bribery Case: Water Inspector Remains at Large in Pune
In a significant development, a PCMC contract worker has been arrested in a bribery case, while the water inspector remains on the run. The incident has raised concerns about corruption in public services in Pune, a city known for its rapid growth in real
Country Garden's Sales Decline Deepens in January, Adding to Troubles
Country Garden, one of China's largest real estate developers, has reported a significant drop in sales for January, exacerbating the company's ongoing challenges in the volatile property market.
Alt, the Holding Company for Property Share, to Raise Rs 2.8K Cr in New Funding
Mumbai: Alt, the holding company for Property Share, a leading platform in fractional real estate ownership, is set to raise Rs 2.8K crore. This move is expected to further boost the company's market presence and expand its innovative real estate solution
Pune Real Estate: Property Registrations Decline but Stamp Duty Collections Remain Stable
Pune's real estate market witnessed an 8% Year-on-Year decline in property registrations in January 2025, with a total of 16,330 properties registered. Despite this, stamp duty collections remained steady at ₹590 crore.
Good News! State Government Plans Cancer Hospital in Pune Amid Growing Patients
The state government has announced plans to build a specialized cancer hospital in Pune, a city with a rapidly growing population and increasing number of cancer patients. This move is expected to significantly enhance healthcare services and provide much