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

1 Like 0 Dislike
Previous news Next news
Other news

IND vs AUS: 'You judge by runs, we look at the impact', coach Gambhir's reply to the reporter about Rohit's form

India defeated Australia in the semi-finals of the Champions Trophy 2025 and knocked them out of

Fierce over Ileana D'Cruz's father's pregnancy, fans replied, said- Karan Johar was not asked for the mother's name

Ileana D'Cruz Pregnancy News: Barfi fame actress Ileana D'Cruz announced her pregnancy on 18 Apri

IMF: G20 will progress in debt relief, crypto and climate sector under the chairmanship of India, said Geeta Gopinath

Gita Gopinath, First Deputy Managing Director of the International Monetary Fund, said that under

45 days and four countries, the countdown for Housefull 5 shooting begins, and comedy will be on the beach

For a long time, the market of discussions about the comedy film Housefull 5 has been very hot. N

Free LPG Cylinder On Holi: Yogi government's gift on Holi, 1.86 crore families got free gas cylinder

Just before Holi, on Wednesday, the Chief Minister of the state Yogi Adityanath distributed a sub

Coronavirus in China: China's condition worsened due to Corona, patients were forced to take oxygen while sitting in a wheelchair

A large number of people are suffering from the havoc of the Coronavirus in China. The condition

Citadel India: Seeing the leaked BTS pictures of 'Citadel', the fans got excited, Samantha-Varun was busy shooting

At present, eagerness is being seen in the hearts of the audience for Priyanka Chopra's action en

World's Most Polluted City: Delhi on top in terms of pollution for the fourth consecutive time, this district of Bihar came into discussion

Delhi has once again become the most polluted capital of the world. This news is very bad for the

Weather Update: Delhi-NCR wet overnight, heavy rains expected today as well; Heavy rain warning issued in 20 states including Bihar and Bengal

Since the beginning of August, there has been continuous monsoon rain in Delhi-NCR. This month, t

Seattle Caste Discrimination: Seattle becomes the first American city to end caste discrimination, the proposal passed

The American city of Seattle became the first city in the country to abolish caste discrimination

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash