Platform to invest in residential projects across India’s top seven cities over the next two years.


Bakeri Group and Lumos Alternate have announced the launch of an INR 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.
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, “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.”
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.