Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.
Bakeri Group, Lumos Alternate to set up Rs.500-Cr realty platform
Ahmedabad-based realtor Bakeri Group and Mumbai-based investment management firm Lumos Alternate will jointly set up an INR 500 crore real estate investment platform, to be called Sakar Realty Fund - I.The platform will invest in mid-market residential projects in Bengaluru, Mumbai, Ahmedabad, and Pune, at early stages and on pre-defined terms with an investment horizon of 3-4 years per project.Bakeri Group claims to have delivered over 150 real estate projects, encompassing a built-up area of more than 42 million square feet of premium real estate across India.The founder of Lumos Alternate, Anuranjan Mohnot, has been instrumental in launching multiple real estate funds, including the first real estate fund of Motilal Oswal and Lalbhai Group’s (Arvind Ltd) Amplus Realty Fund.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.