Bajaj Alts Raises Rs. 9.5 bn in First Close of Real Estate Fund
Real Estate

Bajaj Alts Raises Rs. 9.5 bn in First Close of Real Estate Fund

Bajaj Alts, the alternative investment arm of Bajaj Finserv, has raised around Rs. 9.5 bn in the initial close of its maiden real estate fund. The fund will invest through joint ventures with developers to build Grade A commercial office assets in India, according to the company.

The Bajaj Alts Real Estate–Growth Fund I is targeting a total corpus of Rs. 20 bn, including a green-shoe option. It has secured commitments from family offices, institutional investors and high-net-worth individuals, while maintaining a focus on equity-led commercial real estate development.

The strategy involves partnering with established developers to co-develop office projects in key Indian markets. Bajaj Alts said the approach would give investors exposure to value creation from assets designed for corporates and global capability centres, or GCCs.

The fund has identified a pipeline of potential investment opportunities and plans to deploy capital across selected cities over the coming months. The company has not disclosed the locations, developer partners or individual projects currently under evaluation.

Bajaj Alts said its strategy addressed an area that had historically received limited participation from domestic investment platforms, compared with debt financing for residential developers and acquisitions of completed assets. Investor interest in institutional-grade commercial properties has increased as multinational companies expand their GCC operations.

Lakshmi Iyer, group president for investments and managing director and chief executive officer of Bajaj Alts, said the first close would establish the foundation for a broader alternatives investment platform. The company, a wholly owned subsidiary of Bajaj Finserv incorporated in 2025, offers investment strategies across real estate, private equity and listed equities, with plans to add long-short and quantitative approaches.

Bajaj Alts, the alternative investment arm of Bajaj Finserv, has raised around Rs. 9.5 bn in the initial close of its maiden real estate fund. The fund will invest through joint ventures with developers to build Grade A commercial office assets in India, according to the company. The Bajaj Alts Real Estate–Growth Fund I is targeting a total corpus of Rs. 20 bn, including a green-shoe option. It has secured commitments from family offices, institutional investors and high-net-worth individuals, while maintaining a focus on equity-led commercial real estate development. The strategy involves partnering with established developers to co-develop office projects in key Indian markets. Bajaj Alts said the approach would give investors exposure to value creation from assets designed for corporates and global capability centres, or GCCs. The fund has identified a pipeline of potential investment opportunities and plans to deploy capital across selected cities over the coming months. The company has not disclosed the locations, developer partners or individual projects currently under evaluation. Bajaj Alts said its strategy addressed an area that had historically received limited participation from domestic investment platforms, compared with debt financing for residential developers and acquisitions of completed assets. Investor interest in institutional-grade commercial properties has increased as multinational companies expand their GCC operations. Lakshmi Iyer, group president for investments and managing director and chief executive officer of Bajaj Alts, said the first close would establish the foundation for a broader alternatives investment platform. The company, a wholly owned subsidiary of Bajaj Finserv incorporated in 2025, offers investment strategies across real estate, private equity and listed equities, with plans to add long-short and quantitative approaches.

Related Stories

Gold Stories

Next Story
Resources

Arisinfra Q2 FY27 Profit Rises 50% to Rs 228 Million

Arisinfra Solutions Limited (ARIS) reported a 50 per cent year-on-year increase in consolidated profit after tax (PAT) to Rs 228 million for Q2 FY27, marking its highest quarterly profit. Revenue from operations rose 28 per cent to Rs 3.08 billion, while EBITDA increased 58 per cent to Rs 356 million. The company also recorded its highest quarterly EBITDA margin of 11.6 per cent, compared with 9.3 per cent in the corresponding period last year.For the first half of FY27, revenue grew 32 per cent to Rs 5.99 billion, while PAT more than doubled to Rs 429 million from Rs 204 million in H1 FY26. E..

Next Story
Products

Smarten Power Systems H1 revenue rises 77 per cent to Rs 2.05 billion

Smarten Power Systems reported a 77.4 per cent year-on-year increase in consolidated revenue from operations to Rs 2.05 billion in H1 FY27, compared with Rs 1.15 billion in the corresponding period last year.Consolidated profit after tax (PAT) rose 103.8 per cent to Rs 119.9 million, against Rs 58.8 million in H1 FY26. Profit before tax (PBT) increased 111.9 per cent to Rs 158.3 million from Rs 74.7 million. Earnings per share stood at Rs 6.31, compared with Rs 3.09 a year earlier.On a standalone basis, revenue from operations grew 87 per cent to Rs 2.01 billion from Rs 1.08 billion in H1 FY26..

Next Story
Products

Godrej launches face recognition home locker and video door phone

Godrej Enterprises Group has launched two residential security products with facial recognition technology: the NX Pro Ncrypt Home Locker and the SEETHRU Third-i Multi Apartment Video Door Phone. The products extend facial authentication to individual homes and residential communities.The NX Pro Ncrypt Home Locker combines facial recognition with fingerprint authentication and digital PIN access. It uses encrypted facial templates secured through 128-bit AES encryption and infrared-enabled recognition. The locker can store up to 19 facial profiles, 49 fingerprints and 19 user codes.The SEETHRU..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code