Bakeri Group

What Bakeri Group does

Bakeri Group is a Gujarat-based real estate developer founded in 1959 by Shri Anil R Bakeri, headquartered in Ahmedabad. The company develops residential apartments (1-5 BHK configurations), plotted developments, commercial office and retail space, and weekend home communities across Ahmedabad, Vadodara, GIFT City (Gandhinagar), and secondary Gujarat markets including Mehsana, Kalol, and Kadi. Its product portfolio spans the Stella luxury project in GIFT City (IGBC Pre-certified Gold), Sujal on SG Highway, Sarovar (a joint venture with Shyaswa Group in Thaltej-Shilaj), Swara in Vadodara, and plotted developments marketed as Serenity Pastures and similar gated-community offerings near Thol Bird Sanctuary. The firm also operates an urban redevelopment vertical targeting legacy Ahmedabad properties.

Revenue is generated through one-time license (sale) of residential units, commercial space, and plotted land, with pricing quote-based and not publicly disclosed. Bakeri distributes via direct sales at project sites, a registered channel partner/broker network, walk-in visits, and digital channels including a corporate website and project microsites. The company distinguishes itself on sustainability (IGBC certification, EV-ready commercial projects), Vastu-compliant design, and a 65-year operating track record that includes being the first real estate developer in India to receive the CRISIL PA-1 (highest) rating in October 1995. The primary operating entity, Bakeri Urban Development Private Limited, has issued listed non-convertible debentures on Indian exchanges under SEBI (LODR) regulations, with debenture trustees IDBI Trusteeship Services and Vistra ITCL, providing programmatic access to public debt capital markets.

Name

Bakeri Group

Legal name

Bakeri Group

Website

https://bakeri.com

Company type

Private

Founded year

1959

Operating status

Operating

Headcount range

101–250 employees

Short description

Bakeri Group is a Gujarat-based real estate developer founded in 1959, building residential apartments, plotted developments, and commercial properties across Ahmedabad, Vadodara, and GIFT City for individual home buyers and commercial tenants.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

New Housing For-Sale Builders (236117)

SIC

Operative Builders (1531), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industries

Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB), Residential Design-Build & Renovation-Integrated Builders (IMAFABAE), New Construction & Builder Sales (BPAJAAAB)

Keywords

• Residential real estate development
• Commercial property development
• Plotted development projects
• Weekend home developments
• Urban redevelopment services

Headquarters

HQ city

Ahmedabad

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Residential Property Sales: Sale of residential apartments and flats ranging from 1 BHK to 5 BHK configurations, along with plotted developments for custom home construction
2. Commercial Property Sales: Sale of office spaces, shops, and showrooms in commercial projects designed for optimal natural light, ventilation, energy conservation, and EV charging points
3. Weekend/Retreat Properties: Sale of plotted developments in serene outskirts offering gated community privacy for building dream weekend homes or farmhouses

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Bakeri Group develops and sells residential apartments (1–5 BHK configurations), plotted residential developments for custom home construction, commercial office and retail spaces, and weekend/retreat home plots. Projects span Ahmedabad, Vadodara, GIFT City (Gandhinagar), Mehsana, Kalol, and Kadi in Gujarat, India, and include premium offerings such as Stella (GIFT City), Sujal, Sarovar, and Swara alongside plotted projects near Thol Bird Sanctuary and urban redevelopment of legacy Ahmedabad properties.

Product overview

Bakeri Group is a real estate development company offering a diverse portfolio of residential and commercial properties. The company's product portfolio includes: (1) Residential apartments in configurations from 1 BHK to 5 BHK across Ahmedabad and Vadodara (Stella, Sujal, Sarovar, Swara); (2) Premium residential projects in GIFT City smart city (Stella); (3) Plotted developments in Thol/Kalol, Mehsana, and Kolad/Kadi allowing custom home construction; (4) Commercial office spaces and retail; (5) Weekend getaway homes; (6) Urban redevelopment services. All residential projects include shared amenities like clubhouses, swimming pools, gyms, and landscaped gardens through a unified community living platform.

Differentiator

Problem solved

Functional benefit

Brands

• Stella: Premium residential project in GIFT City, Gandhinagar featuring 1BHK to 4BHK apartments with river views and luxury amenities.
• Sujal
• Sarovar
• Swara
• Serenity Pastures

Products and services

• Stella (GIFT City) Premium residential project in GIFT City, Gandhinagar offering 1 BHK to 4 BHK luxury apartments with waterfront views, smart home features, and world-class amenities including swimming pool, gymnasium, and landscaped gardens. IGBC Pre-certified Gold rated.
• Sujal 3 and 4 BHK luxurious residential homes located along SG Highway in Ramdevnagar, Ahmedabad, offering lifestyle-enhancing amenities and proximity to commercial hubs.
• Sarovar 4 and 5 BHK luxury residential apartments in Thaltej-Shilaj area of West Ahmedabad with views of Shilaj Lake. Joint venture between Bakeri Group and Shyaswa Group.
• Swara Residential project in Manjalpur, Vadodara offering 2 BHK, 3 BHK, and 4 BHK apartments with modern amenities including gyms and green gardens.
• Residential Plots in Thol, Kalol Plotted residential developments offering freedom to build custom homes, situated near Thol Bird Sanctuary with gated community amenities including clubhouse, restaurant, and splash pool.
• Residential Plots in Mehsana Plotted residential developments in Mehsana offering freedom to build custom homes with clear titles and proper legal documentation.
• Residential Plots in Kolad, Kadi (Serenity Pastures) Plotted residential developments in Kolad and Kadi offering freedom to build custom homes in serene environments with growing infrastructure.
• Urban Redevelopment Projects Urban redevelopment services transforming legacy properties in Ahmedabad while preserving heritage architecture and introducing modern sustainable features.
• Commercial Projects (Office Spaces, Shops & Showrooms) Office spaces and shops/showrooms designed for optimal natural light, ventilation, energy conservation, EV charging points, and spacious lobbies in premium Gujarat locations.
• Weekend Homes / Retreat Properties Plotted development projects in serene outskirts of Ahmedabad offering privacy of gated community with freedom to build dream weekend homes or farmhouses.
• Sakar Series Commercial Buildings Commercial building series introduced by Bakeri Group; the Sakar series made Bakeri the first real estate developer in India to receive CRISIL Rating PA-1 in October 1995.

Quantifiable outcome

• First real estate developer in India to achieve CRISIL PA-1 (highest) rating in October 1995

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Shyaswa GroupcoreStrategic or Co-development PartnerJoint venture partnership for the Sarovar residential project in Thaltej-Shilaj area of Ahmedabad, offering 4 & 5 BHK luxury apartments with combined expertise in development and sales
• IDBI Trusteeship Services LimitedminorOthersDebenture trustee for listed non-convertible unsecured debentures (private placement of up to 5,000 NCDs aggregating to INR 50 crores)
• Vistra ITCL (India) LimitedminorOthersDebenture trustee for listed non-convertible unsecured debentures (private placement of up to 7,500 NCDs aggregating to INR 75 crores)

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• DLF Limited: India's pioneering and largest real estate developer with residential, commercial, and plotted development exposure. Comparable in offering both plotted communities and built-to-sell apartments across price tiers.
• Brigade Enterprises: Diversified Indian real estate developer with residential, commercial, hospitality and plotted development verticals. Comparable mid-to-premium positioning and project-based revenue model to Bakeri.
• Macrotech Developers (Lodha): India's largest listed residential developer by sales, with a national footprint including luxury and premium housing. Represents the scale and capital base Bakeri increasingly competes against in metropolitan markets.
• Oberoi Realty: Mumbai-based premium residential and commercial developer known for luxury towers. Relevant peer for Bakeri's Sarovar (4-5 BHK luxury) joint venture and Sujal/Sujal-type premium product lines.
• Mahindra Lifespace Developers: Listed residential developer with focus on sustainable, IGBC-certified developments. Directly comparable to Bakeri on the green-building and ESG positioning front, especially for projects like Stella at GIFT City.
• Godrej Properties: One of India's largest listed residential developers, active in multiple metros including Ahmedabad. Competes with Bakeri in the premium and mid-premium residential segment while bringing much larger scale and brand reach.
• Prestige Group: Large Indian developer with diversified residential, commercial, retail and hospitality portfolio. Comparable in offering premium apartments and plotted developments, though with broader geographic reach than Bakeri.

Direct peers

• Shriram Properties: Mid-market Indian residential developer with plotted development and apartment projects across South and West India. Comparable in target customer profile (mid-market aspirational buyers) and product mix.
• Sobha Limited: Indian residential real estate developer known for backward-integrated construction, premium quality, and timely delivery. Comparable as a quality-focused, multi-decade developer serving aspirational home buyers.

Regional players

• Adani Realty: Real estate arm of the Adani Group, also headquartered in Ahmedabad and developing large-scale residential and commercial projects across Gujarat. Most direct regional competitor given overlapping geography and customer base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/bakerigroup
• YouTubeyoutube.com/user/bakerigroup
• Facebookfacebook.com/bakerigroup
• LinkedInlinkedin.com/company/bakeri-engineering-&-infrasture-ltd-
• Instagraminstagram.com/bakerigroup

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bakeri Group