Obscure American Firm Landomus Realty wants to invest $500 billion in India
A vague company Landamous reality ventures, which gave front-page advertisement on Monday offering to invest 500 billion USD in the National Infrastructure Pipeline and non-NIP projects listed by central government, was not found to be operating from its Bengaluru add
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Realty Plus Published - Wednesday, 26 May, 2021
A vague company Landamous reality ventures, which gave front-page advertisement on Monday offering to invest 500 billion USD in the National Infrastructure Pipeline and non-NIP projects listed by central government, was not found to be operating from its Bengaluru address mentioned in a website.Landomus Realty wants to invest $500 billion in India that’s over 36 lakh crore rupees. Bill Gates' net worth is $125 billion. So clearly it should have been a known name. The website of the company lists the address of Landomus Realty Ventures Inc as Secaucus, New Jersey, USA. The website has no information about its promises of massive investments that are slightly less than India's current foreign exchange reserves. All that the website is lists four persons as "directors" apart from a chairman and CEO and five "advisors.The website also lists a Bengaluru address of Landamous Reality Ventures. However, there was no signboard of Landamous Reality and security staff that no such company operates from there.In its advertisement, the company said it would like "to invest USD 500 billion in equity as the first phase of investment into the National Infrastructure Pipeline (NIP) and Non-NIP projects lined by the Government of India under the India Investment Grid for 'Invest India' initiative. It aims to make India a global destination by supporting the completion of NIP and Non-NIP projects along with investors and developers under the India Investment Grid in sectors such as energy, social infrastructure, manufacturing, transport, food processing and agriculture, water and sanitation".The advertisement, issued by chairman of Landomous Group, also said they have a concrete plan to make India pandemic free and requested for an opportunity to present the plan.