Tuesday, November 29, 2022
HomeBusinessGoogle has rented land from Adani Group, the senses will fly away...

Google has rented land from Adani Group, the senses will fly away after hearing the rent!

Indian industrialist Gautam Adani, one of the 10 richest men in the world, has rented his land to Google. You will be stunned to hear the fare of this place. Google has been given this land in Adani’s data center in Noida. Out of the data centre, 4.64 lakh square feet space has been given on rent. Raiden Infotech, a unit of Google itself, has taken it on rent. This Adani data center is located in Noida Sector 62. Part of the said land has been taken on lease for 10 years.

Industrialist Gautam Adani is continuously expanding his business. DC Development Noida Limited is also a part of Adani Enterprises, which has given this land on rent to Google. You will be surprised to know that Google This land has been given to him at a rent of Rs 11 crore per month. of CRE Matrix Report It has been disclosed in Not only this, this rent will also be increased by 1% every year. At Rs 11 crore per month, Raiden Infotech will give Rs 130.89 crore to Adani Enterprises in the first year. However, till now no official statement has been issued by Google and Adani Enterprises regarding this rent agreement.

Businessman Gautam Adani is continuously expanding his business. There is news in this regard that now he is going to increase the cement business as well. There is news that Adani can acquire many companies for this. In media reports, Ambuja Cement and ACC Cement companies are already in his plan and now he is looking to buy the cement unit of Jaiprakash Power Ventures Limited. Jaiprakash Power Ventures Limited has huge debt, and the company may sell its cement unit.

A few days ago it also came to the fore that Adani Group India Cement and Nuvoco Vistas may also be a part of it. As far as Jaiprakash Power Ventures Limited is concerned, a deal can be done between the two parties soon. It is being said that this deal between Adani Group and Jaiprakash Power Ventures Limited can be done for Rs 5 thousand crore. However, no official statement has been made by both the companies so far. Jaiprakash Power’s cement unit has a capacity of 2mtpa, while Adani Group wants to increase its cement grinding capacity to 140mtpa, for which it is looking to acquire several companies.

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