7 Leading Real Estate Developers Investing in India's Data Center Market
India’s digital transformation is reshaping the real estate landscape, with major developers shifting focus from traditional residential and commercial projects to high-security data centers. This article highlights seven key developers and their significant investments in the data center market.
Data CentersReal EstateDigital TransformationCloud ComputingAiReal Estate MumbaiOct 26, 2025
### Real Estate Developers Investing in Data Centers in India
#### 1. Anant Raj Limited
Anant Raj Limited, through its subsidiary Anant Raj Cloud, has committed to developing a substantial data center portfolio of over ₹10,000 crore (~$1.2 billion) with a targeted capacity of more than 300 MW by 2031-32 across Manesar, Panchkula, and Rai in Haryana. They are also collaborating with Orange Business for the delivery of its cloud services. The company has raised additional shares through a Qualified Institutional Placement (QIP) to focus its growth specifically on data centers. The company also has scalable campuses and a total of 28 MW currently live.
#### 2. Hiranandani Group / Yotta Infrastructure
Yotta Infrastructure, a subsidiary of the Hiranandani Group, operates the largest Tier IV data centers in India, located in Navi Mumbai (NM1), Noida (D1), and Gujarat, with future developments in Pune, Powai, Chennai, and even international developments in Dhaka and Nepal. They are launching AI-ready hyperscale centers, including an AI Cloud campus at AI City in Hyderabad, and developing high-performance infrastructure for cloud, AI, and edge computing.
#### 3. Lodha Developers
Lodha Developers is developing a 370-acre “Green Integrated Data Centre Park” in Palava City (Mumbai Metropolitan Region) with a ₹30,000 crore (~$3.6 billion) investment and generating 2 GW of power capacity. The facility will host multiple global and domestic players and generate 6,000 jobs. Lodha has also sold 24 acres in Mumbai to STT Global Data Centres for further hyperscale data center buildout.
#### 4. Prestige Group
Prestige Group is quickly entering the data center space with projects planned in Bengaluru (with NTT for a 100 MW facility), Pune (with Maharashtra for a data center/logistics hub in Talegaon), and expansion plans for Mumbai, Chennai, and the NCR. Prestige’s strategy is to build core and shell infrastructure for hyperscalers to lease and operate, such as AWS and NTT, with a construction cycle of 3–5 years.
#### 5. Rustomjee (Keystone Realtors)
Rustomjee has allocated 5 million sq ft of land in Thane (a suburb of Mumbai) to develop data centers. The company is looking for strategic/financial partners and is using both legacy township locations and power/fiber connectivity to attract tenants who require hyperscale centers and AI-related infrastructure. Their movement diversifies their Mumbai-centric portfolio and aims to position an underdeveloped Mumbai data center market as a leading data center market, supporting AI and fintech in Mumbai that depend on resilient infrastructure.
#### 6. Larsen & Toubro (L&T)
At Cloudfiniti, L&T is spending ₹3,600–₹4,000 crore on new hyperscale data center development in Mumbai (Panvel and Mahape) and Bengaluru. Capacity will increase from 32 MW (2 existing operational centers) to 150 MW by 2027. The company is involved in integrated tech services with design, construction, and cloud services and has developed one of India’s largest data centers in Kanchipuram, TN (30 MW).
#### 7. DLF (Delhi Land and Finance)
DLF plans to enter the data center market in NCR and South India, predominantly focused on greenfield hyperscale data center parks and frequently via joint ventures with global technology/infrastructure firms. The key focus of DLF’s project will be to service the workloads of BFSI, OTT, and government with best-in-class data center offerings. DLF’s urban, owned land, and financing capacity will enable them to quickly enter this market. Their projects will be essential to the NCR region in becoming a significant digital and data hosting region.
### Key Locations and Emerging Hubs
- **Mumbai/Navi Mumbai:** The presence of nearby cable landing stations (undersea), stable climate, and energy infrastructure has made it India’s largest hub for data center activities and the 3rd largest in Asia.
- **Chennai:** Provides direct access to cables to Southeast Asia and the Middle East, competitive energy pricing, and a favorable climate for year-round operations.
- **Hyderabad & Pune:** Offer reliable grid power and an abundance of IT talent, with demand from software companies on the rise.
- **National Capital Region (Delhi/Gurgaon/Noida):** Developers are establishing campus-scale parks to support workloads for BFSI, e-commerce, and government services.
- **Edge Computing Expansion:** Tier-2/3 cities such as Jaipur, Kochi, and Bhubaneswar are positioning themselves as edge computing markets to deliver low latency.
### Closing Statement
With the rise in digital consumption and the increasing need for reliable and secure data infrastructure, these real estate developers are playing a crucial role in India’s digital transformation. Their investments in data centers not only support the growing digital economy but also position India as a global leader in the data center market.
Frequently Asked Questions
What is the significance of data centers in India?
Data centers are crucial for supporting the growing digital economy, enabling cloud computing, AI applications, and digital transactions. They provide the infrastructure necessary for the rapid adoption of digital technologies in India.
Which companies are leading the data center development in India?
Some of the leading companies include Anant Raj Limited, Hiranandani Group, Lodha Developers, Prestige Group, Rustomjee, Larsen & Toubro, and DLF.
What are the key locations for data center development in India?
Key locations include Mumbai/Navi Mumbai, Chennai, Hyderabad, Pune, and the National Capital Region (NCR). These areas offer favorable conditions such as stable climate, reliable power, and IT talent.
How do data centers support the digital economy?
Data centers provide the infrastructure for cloud services, AI, and big data analytics. They ensure data security, high performance, and low latency, which are essential for the smooth operation of digital services and applications.
What are the future plans for data center expansion in India?
Future plans include the development of greenfield hyperscale data center parks, expansion into Tier-2/3 cities for edge computing, and collaborations with global technology firms to enhance data center capabilities.
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