Landomus Realty Ventures Inc (Delaware, February 2017) was meant to “raise $525 million for procuring land parcels” — 5,000 acres in the US and 850 acres in India. Landomus Realty Ventures Inc (Delaware, February 2018), a wholly-owned subsidiary of Landomus Realty Ventures Inc, was launched to raise $25 million through private placement of its convertible promissory notes with the projection of delivering “a target compound annual growth rate (CAGR) of 34.93%” for investors. Landomus Realty (Bangalore), records show, has a paid-up capital of Rs 1 lakh and filed its balance sheet last in 2020. The first office for Landomus Realty (Bangalore), according to records, was leased by Kumar through United Land Bank (UBL) in 2015. While Landomus Star Realty Ventures Inc became defunct by 2020, Landomus Realty Ventures Inc remains active.

Source: Indian Express May 29, 2021 00:52 UTC