Landomus to invest $500 billion in Indian infra projects

Landomus Realty Ventures Inc gave a proposal to invest $500 billion into the National Infrastructure Pipeline (NIP) of India as a part of its Build India initiative. The National Infrastructure Pipeline (NIP) was set up by Finance Minister Nirmala Sitharaman in December 2019. Landomus announced its plan to invest $500 billion in infrastructure projects in India via a notable newspaper advertisement. The announcement was also made on the company’s website. Landomus Group Chairman Pradeep Kumar Satyaprakash stated in the ad about their interest to invest stakes as the first phase of the $2 trillion investment under Built India into the NIP and non-NIP projects listed by the government under the India Investment Grid for Invest India initiative. The motto behind this investment is to aid the government in meeting its targets. Landomus announced its interest as an appeal to Prime Minister Narendra Modi to grant them the circumstances in contributing to the rebuild India project. The company also has ideas to help India overcome the pandemic and requests an opportunity to exhibit them. The US-based venture Landomus Realty Venture goes by the name Landomus Realty Ventures Inc USA. Landomus Ventures made its way into India on July 17, 2015. The company was registered at the Registrar of Companies Bengaluru as a non-governmental company. Image SourceAlso read: Motilal Oswal Real Estate raises Rs 650 cr for realty fund IREF V Also read: Realty fund managers float schemes for construction finance