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Obscure, one-page website firm Landomus Realty writes to PM Modi, offers to 'invest' $500 billion


New Delhi, May 24
An obscure US-based firm with just 19 employees, USD 15 million in revenue and hosting just a one-page website wants to invest USD 500 billion in equity into India s National Infrastructure Pipeline (NIP).
Landomus Realty Ventures released statements via advertisements and on its website, stating it wants to invest USD 500 billion in equity as the first phase of the USD 2 trillion investment under Build India into the National Infrastructure Pipeline (NIP) and non-NIP projects listed by the government of India .
In the advertisement issued in leading newspapers, Landomous Group chairman Pradeep Kumar Satyaprakash said his group aims to assist the Government in its endeavour to rebuild India and achieve the USD 5 trillion GDP target . ....

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Newspaper ad seeking PM Modi's permission to invest $500 bn in India raises eyebrows


Newspaper ad seeking PM Modi s permission to invest $500 bn in India raises eyebrows
Landomus Realty s ad claims it aims to make India a global destination by supporting the completion of NIP and Non-NIP projects
Manoj Sharma | May 24, 2021 | Updated 12:42 IST
Social media users are questioning authenticity of newspaper ad. Many also called out the company for its obscure nature
An advertisement from a company purportedly based in the US has raised eyebrows on social media with the way it has approached the government for an investment worth $500 billion in various infra projects under the National Infrastructure Pipeline (NIP) and Non-NIP projects. Questions are being raised as to why a company that claims to invest funds worth $500 billion in India needs to do so via an ad in newspapers and not seek an appointment with Prime Minister Narendra Modi directly. ....

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The $ 500 Billion Investment Offer through a Newspaper Ad!


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While India has spread a red carpet for investors, especially from overseas, there appears to be one investor, who used a newspaper advertisement to seek an appointment with prime minister Narendra Modi to invest $500 billion in India.
 
Pradeep Kumar S, chairman and chief executive of Landomus group, in the advertisement addressed to the PM, says, Landomus Realty Ventures Inc, US, 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 listed by the government of India under the India investment grid for invest India initiative.  
 
As per the advertisement, Landomus Realty Ventures aims to make India a global destination by supporting the completion of NIP and non-NIP projects through its group of investors and developers.   ....

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Landomus ad: Behind $500 billion investment ad, property firm with a chequered past


The advertisement placed by Landomus Reality Ventures Inc in a leading national daily.
HIGHLIGHTS
Although the ad was published in the name of a Landomus USA, the company is also registered with Registrar of Companies, Bangalore.
India Today TV visited the registered address of the firm in Bengaluru but did not find its offices at the location.
Even the people who had offices nearby did not recognize the company.
In 2014, the Joint Statement between India and the United States governments officially set a goal of achieving shared bilateral trade worth $500 billion. Since then, both countries have come a long way but still stand far from achieving that goal. However, on Monday morning, Indians woke up to an unbelievable advertisement from a purported US-based firm, offering “first phase of investment” worth $500 billion. The conspicuous advertisement published on behalf of “Landomus Reality Ventures Inc” in several editions of a national newspaper was di ....

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Mystery US firm wants to invest $500 billion in India. Twitter laughs it off


Mystery US firm wants to invest $500 billion in India. Twitter laughs it off
Mystery US firm wants to invest $500 billion in India. Twitter laughs it off
A mystery US firm has expressed its interest to invest $500 billion in India. It has also made an appeal to Prime Minister Narendra Modi through a front-page ad in a prominent newspaper. However, many people on Twitter found the company s proposition hard to believe.
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UPDATED: May 24, 2021 14:37 IST
Landomus Realty conveyed its message to Prime Minister Narendra Modi through a front-page ad in a prominent newspaper. (Photo: landomus.com/Twitter)
A little-known US firm has claimed that it wants to invest $500 billion (over Rs 36 lakh crore) in India. The chairman of the firm has made an appeal to Prime Minister Narendra Modi to provide an opportunity to contribute to the ‘New India’ vision. ....

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