Microsoft Expands Data Centre Footprint in Pune with New Land Purchase for INR 435 Cr | BulletsIn

Microsoft continues its aggressive expansion in India’s tech infrastructure landscape, acquiring another 16.4 acres of land in Pune’s tech hub, Hinjewadi, for INR 435 Cr. This follows a series of significant investments by the tech giant in the country, aimed at building data centers and cloud development hubs. With rising online penetration and demand for cloud services, Microsoft is joining other tech majors like Google in establishing a robust data center presence in India.

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• Microsoft bought 16.4 acres of land in Pune’s Hinjewadi for INR 435 Cr.
• This acquisition follows an earlier purchase of a 13.6-acre land parcel in Pune for INR 520 Cr.
• The company has now acquired over 30 acres of land in Pune in the past month, investing INR 973 Cr in total.
• The deal for the latest plot was registered on September 5, with a stamp duty of INR 27.18 Cr.
• Microsoft bought the land from Viva Highways Limited, as per property registration documents.
• The recent land deals suggest Microsoft’s continued focus on building data centers and development hubs in India.
• In 2022, Microsoft leased a 25-acre plot in Pune to set up a hyperscale cloud capacity data center with 100 MW built-out capacity.
• Microsoft also signed an agreement with the Telangana government to establish a data center in Hyderabad.
• The company is planning to invest over INR 15,000 Cr in its upcoming data centers in India.
• Other tech giants like Google are also acquiring land in India, with Google reportedly planning to build its first captive data center in Navi Mumbai for INR 850 Cr.