The fund is led by Rakesh Kumar — whose expertise spans over 50,000 actual property transactions and senior management roles at Shell, Walmart, and Reliance — together with Bhavya Bagrecha, who has executed over Rs 2,500 crore in institutional actual property investments and launched India’s first REIT-style construction below SEBI’s VCF laws, it stated.
Peter Sharp, former head of Walmart’s Asia actual property operations, has joined the crew as an advisor with over 35 years of worldwide expertise, it stated.
The Fund will goal ready-to-launch belongings that may transfer swiftly from funding to worth creation. With a strong pipeline of about 1,200 acres throughout six initiatives, Bharat Bhoomi Fund is well-positioned to deploy capital with pace, prudence and precision, the corporate stated.
Bharat Bhoomi Fund marks an growth of The Wealth Firm’s funding canvas, it stated, including that this fund supplies a pure approach to broaden publicity to actual belongings.
“As capital turns into extra considerate, the demand for actual belongings with actual outcomes has by no means been increased. Bharat Bhoomi Fund permits assembly that demand with self-discipline, knowledge, and area experience. The wealth firm’s funding ethos is now extending into India’s actual property area,” Madhu Lunawat, Founder and Director of The Wealth Firm Asset Administration, stated. The fund will comply with a diversified capital allocation technique — investing in knowledge centres, warehousing, hospitality, and renewable parks, sectors aligned with India’s evolving infrastructure, digital transformation, and sustainability priorities, it stated. Investor demand for these new financial belongings is rising, pushed by the nation’s digital and inexperienced vitality transitions, it stated.
Alongside this, investments will goal mid-to-premium residential, retail, plotted villas, and mixed-use developments throughout high-growth cities comparable to Mumbai (MMR), NCR, Pune, Bengaluru, Chennai, and Hyderabad, it added. PTI
