Lumos Alternate And Bakeri Group Launch Rs.500 Crores Fund For Mid-Market Housing

Bakeri Group is one of the leading real estate developers. Lumos Alternate is an investment management firm. Both announced the launch of a Rs. 500 Crores investment platform named “Sakar Realty Fund - I”.

The platform got final approval for this idea from SEBI. It aims to give good returns to its buyers by leveraging the execution capacities of Bakeri Group. It has given more than 42 million sq. ft. of projects over its 65 years.

The real estate market has been growing fast over the past few years. Many HNIs and family offices are looking to establish direct partnerships with real estate builders. Sakar Realty Fund gives buyers the chance to partner with one of the trusted builders at an early stage.

The platform will invest in mid-market projects in Mumbai, Ahmedabad, Bangalore, and Pune. It will have a horizon of 3 to 4 years per project. A deal with a credible builder will create a win-win idea for both buyers and builders.

The builder will gain good confidence in the equity on call. Buyers will benefit from a corporate framework and return with their builder. The comfort is given by an asset managing company. It makes sure of full monitoring of all the contracts.

The real estate market will grow from its current size of $500 billion. It will go to $1.5 trillion by 2034. It will present good chances for builders and buyers to take part in and benefit from India’s real estate growth story. Platform deals of more than ₹20,000 Crores are given by some of India's most big builders. But, retail investors do not have direct access to all the deals.

“Sakar Realty Fund – I” will aim to expand access to investments by giving a vehicle that allows buyers to take part in quality real estate projects. The project will deliver value to buyers while contributing to real estate projects in major cities. It will attract a huge range of buyers, including high net-worth people and family offices.

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