Adani-Google Rent: Adani rents its space to Google, rent will be charged for this amount every month

Posted on 12th Oct 2022 04:09 pm by rohit kumar

Adani Enterprises has leased 4.64 lakh square feet of space in its data center in Noida to Ryden Infotech, a unit of Google. Its rent for one month is Rs 11 crore. DC Development Noida Limited, a part of Adani Enterprises, has leased 4,64,460 square feet of space to Raiden Infotech, an Adani data center located in Sector 62, Noida, for ten years, according to a report by CRE Matrix.

 

Rent will increase by one percent every year

 

According to the report, Idani Enterprises will charge an amount of Rs 235 per square foot every month from the Google unit for the space given on rent. Rs 130.89 crore will be taken from Raiden Infotech in the first year. Thereafter the rent will increase at the rate of one percent every year. According to the documents, the lease agreement has been signed in this regard only last month. However, there has been no official reply from Adani Enterprises and Google about this agreement.

 

In talks with Jaiprakash Power for a cement unit

 

Let us tell you that in the last few months, the Adani Group has expanded its business in a big way. Currently, his focus is on the cement business. After adding Ambuja and ACC Cement to its group, the Adani Group is now in talks to buy the cement unit of debt-laden Jaiprakash Power Ventures Ltd. Reports suggest that talks are going on between Adani Group and Jaiprakash Power and the deal could be for Rs 5 thousand crores.

 

Also Read: Direct tax collection: 24 percent increase in direct tax collection, reaching Rs 8.98 lakh crore

Other news

Covid-19 Cases: JN.1 variant of Corona is spreading across the world, spreading in India also; An Expert gave this advice

COVID-19 Cases in India Cases of the new variant JN.1 of Corona have started increasing rapidly a

Modi government's big decision on One Nation-One Election, preparations to bring three bills; know the plan

The central government is very serious about one country's election. The government is likely to

'Don't force us', Supreme Court furious over rising pollution in Delhi-NCR, scolded Haryana-Punjab

On Wednesday (23 October 2024), the Supreme Court heard the case of rising pollution in Delhi-NCR

Vijay Deverakonda's car met with an accident, and a video surfaced. The actor was returning to Hyderabad.

Actor Vijay Deverakonda was traveling from Puttaparthi, Andhra Pradesh, to Hyderabad, Telangana,

These arguments of ED can make Kejriwal's interim bail difficult, 10 big things in the affidavit of the investigating agency

During the hearing of the money laundering case in the Supreme Court, there was an indication of

There will be no third world war: President of Ukraine said- Situation is changing in the war with Russia, we are confident of victory

Ukrainian President Volodymyr Zelensky has said that there will be no third world war. Zelensky a

Corona increased in China after the lockdown was lifted: doctors also infected, the government said – Omicron is not a threat, so it was relaxed

After protests against the zero-covid policy in China, the government relaxed and removed the loc

Godzilla X Kong: Godzilla x Kong is ready to make a big start at the Indian box office, expected to earn this much on the first day

'Godzilla x Kong: The New Empire' is all set to rock the Indian box office. Booking of the film h

Mamata Banerjee was making a strategy with her nephew for change in TMC The 'script' failed in the 12-minute online meeting

A major change is being seen in West Bengal's ruling party, Trinamool Congress (TMC), before the

IND vs AUS: Team India leaves for Australia in batches, Virat and Rohit also catch a flight

The Indian cricket team is touring Australia to play three ODIs and five T20Is. The ODI series be