Bakeri, Lumos Launch Rs 500 Crore Realty Investment Platform
14 Feb 2025
3 Min Read
CW Team
Bakeri Group, one of the oldest and leading real estate developers, and Lumos Alternate, a prominent investment management firm, today announced the launch of a Rs 500 crore real estate investment platform, “Sakar Realty Fund - I.�
The platform recently received final approval from SEBI and aims to provide superior returns to its investors by leveraging the exceptional execution capabilities of Bakeri Group, which has delivered more than 42 million sq. ft. of real estate development over its 65-year legacy.
Platform deals are quite common among institutional investors, and in recent years, more than RS 20,000 crore has been committed by institutions to some of India's most reputed developers. However, retail investors and family offices generally don’t have direct access to such deals. Sakar Realty Fund - I aims to facilitate and expand access to institutional-grade investments by providing a regulated investment vehicle that allows investors to participate in high-quality real estate projects.
Commenting on the platform, Anuranjan Mohnot, Managing Director and CEO of Lumos Equity Advisors Private Limited, said, “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. Sakar Realty Fund, provides investors the opportunity to partner with one of the most trusted and experienced developers at an early stage and on pre-defined terms. The platform will invest in mid-market residential projects in Bangalore, Mumbai, Ahmedabad, and Pune, with an investment horizon of 3-4 years per project.�
He further added, “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. Additional comfort is provided by an independent asset management company and investment committee, which ensures rigorous monitoring and timely enforceability of contracts.�
Pavan Bakeri, Promoter and Managing Director of Bakeri Group, stated, “The real estate industry is expected to grow from its current size of approximately $500 billion to $1.5 trillion by 2034. This expansion presents significant and sustainable opportunities for developers and investors to participate in and benefit from India’s growth story. The Sakar Realty Fund uniquely blends development expertise with independent investment acumen, delivering value to investors while contributing to landmark real estate projects in major Indian cities.�
The platform is expected to attract a diverse range of investors, including high-net-worth individuals (HNIs), family offices, and institutional investors.
Bakeri Group, one of the oldest and leading real estate developers, and Lumos Alternate, a prominent investment management firm, today announced the launch of a Rs 500 crore real estate investment platform, “Sakar Realty Fund - I.”The platform recently received final approval from SEBI and aims to provide superior returns to its investors by leveraging the exceptional execution capabilities of Bakeri Group, which has delivered more than 42 million sq. ft. of real estate development over its 65-year legacy.Platform deals are quite common among institutional investors, and in recent years, more than RS 20,000 crore has been committed by institutions to some of India's most reputed developers. However, retail investors and family offices generally don’t have direct access to such deals. Sakar Realty Fund - I aims to facilitate and expand access to institutional-grade investments by providing a regulated investment vehicle that allows investors to participate in high-quality real estate projects.Commenting on the platform, Anuranjan Mohnot, Managing Director and CEO of Lumos Equity Advisors Private Limited, said, “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. Sakar Realty Fund, provides investors the opportunity to partner with one of the most trusted and experienced developers at an early stage and on pre-defined terms. The platform will invest in mid-market residential projects in Bangalore, Mumbai, Ahmedabad, and Pune, with an investment horizon of 3-4 years per project.”He further added, “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. Additional comfort is provided by an independent asset management company and investment committee, which ensures rigorous monitoring and timely enforceability of contracts.”Pavan Bakeri, Promoter and Managing Director of Bakeri Group, stated, “The real estate industry is expected to grow from its current size of approximately $500 billion to $1.5 trillion by 2034. This expansion presents significant and sustainable opportunities for developers and investors to participate in and benefit from India’s growth story. The Sakar Realty Fund uniquely blends development expertise with independent investment acumen, delivering value to investors while contributing to landmark real estate projects in major Indian cities.”The platform is expected to attract a diverse range of investors, including high-net-worth individuals (HNIs), family offices, and institutional investors.
Next Story
Amit Shah Launches Rs 7.08 Bn Projects in Gandhinagar
Union Dzҳ Minister Amit Shah is set to inaugurate and lay the foundation stone for multiple people-focused development projects worth Rs 7.08 billion in Gandhinagar today. These projects fall under the jurisdiction of the Gandhinagar Municipal Corporation, the Gandhinagar Urban Development Authority (GUDA), and the district administration.As part of his engagements, Shah will inaugurate a new Primary Health Centre in Vavol, a critical underbridge connecting Sectors 21 and 22, a Primary Health Centre in Pethapur, and the rejuvenated Kolvada Lake near the ONGC well in Kolwada.In the evening, th..
Next Story
Keystone Sets Rs 40 Bn Sales Target for FY26
Keystone Realtors Ltd, the Mumbai-based real estate firm operating under the Rustomjee brand, aims to achieve housing sales worth Rs 40 billion in the current financial year, marking a 32 per cent year-on-year growth. This target reflects continued robust demand for quality residential properties, especially from established developers, according to Chairman and Managing Director Boman Irani.In an interview with PTI, Irani stated that the company surpassed its guidance for FY25, recording pre-sales of Rs 30.28 billion, a 34 per cent increase from the previous year. "We have achieved steady and..
Next Story
GreenCell Wins Order for 1,200+ Electric Buses
GreenCell Mobility has secured an order for over 1,200 electric buses from Convergence Energy Services Limited (CESL) under the PM E-Bus Sewa Scheme, as announced on 14 May 2025. The contract includes 472 Eicher electric buses for Madhya Pradesh and 750 buses from Pinnacle Mobility Solutions for Andhra Pradesh.These zero-emission buses will be deployed across six cities in Madhya Pradesh and 11 in Andhra Pradesh. GreenCell has partnered with VE Commercial Vehicles (VECV) for the Madhya Pradesh segment and with Pinnacle Mobility Solutions (EKA Mobility) for Andhra Pradesh.Devendra Chawla, Manag..