The Wealth Company, part of the Pantomath Group, has launched the Bharat Bhoomi Fund with a total value of ₹2000 crore. This fund includes ₹1000 crore in a Category II Alternative Investment Fund (AIF) and an additional ₹1000 crore in a green shoe option. This initiative aims to bring private equity-style rigor to India’s rapidly growing real estate sector. The fund will focus on projects that are ready for implementation in major cities and areas with significant development potential. The Bharat Bhoomi Fund is an expansion of The Wealth Company’s investment strategy, which is based on a philosophy of managing assets of similar value.
The fund has gained trust and support from quality investors, including sovereign funds and family offices. It aims to provide a straightforward method for investing in real estate. The fund’s investment strategy is designed to highlight the value in the market cycle, focusing on visibility and collateral-backed real estate equity and private market investments.
The Wealth Company’s involvement in real estate is not new. It represents a natural progression in response to the need for diversified portfolios. This asset class is planned to focus on real value, risk-managed returns, and structured capital investments. The fund will address the gap between the mindset of developers and the expectations of investors. It will apply a robust underwriting and governance framework to physical assets supported by operational and implementation controls.
The fund will adhere to a diversified capital allocation strategy, investing in sectors such as data centres, warehousing, hospitality, and renewable parks. These areas are aligned with India’s emerging infrastructure, digital transformation, and sustainable priorities. There is a rising demand for investors in new economic assets, particularly in the digital and green energy sectors, that go beyond traditional real estate.
Investment targets will include medium to premium residential, retail, villa plots, and mixed-use developments in high-growth cities like Mumbai (MMR), NCR, Pune, Bengaluru, Chennai, and Hyderabad. The fund will also focus on infrastructure-based corridors and plotted development that will benefit from future connectivity and urban expansion.
Leading the fund is Rakesh Kumar, who has extensive experience with over 50,000 real estate transactions and senior leadership roles at Shell, Walmart, and Reliance. He is joined by Bhavy Bagrecha, who has implemented over ₹2500 crore in institutional real estate investments and initiated India’s first REIT-style structure under SEBI’s VCF regulations. The team is further strengthened by Peter Sharp, former head of Walmart’s Asia real estate operations, who has over 35 years of global experience as a consultant.
The fund aims to identify projects that are ready for investment and can quickly generate value. It has a strong pipeline of approximately 1200 acres across six projects, positioning the Bharat Bhoomi Fund well for swift, prudent, and precise capital investment.
Madhumita Lunawat, Managing Director of The Wealth Company, stated, “The demand for real estate has never been higher. The Bharat Bhoomi Fund allows us to meet this demand through a disciplined, data-driven approach.” As the Indian real estate market matures, the Bharat Bhoomi Fund is poised to set new standards in real estate investment, with its focus on time, leadership, and structure.
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