In a groundbreaking move, Blackstone and Panchshil have entered into two separate agreements to develop India's largest 500 MW hyperscale data center at the MIDC Trans Thane Creek Industrial Area. This strategic partnership marks a significant step in the
Data CenterHyperscaleBlackstonePanchshilDigital IndiaReal Estate MaharashtraFeb 25, 2025
The hyperscale data center being developed by Blackstone and Panchshil has a capacity of 500 MW, making it India's largest data center.
The data center is being developed at the MIDC Trans Thane Creek Industrial Area in India.
The key benefits of this project include job creation, economic growth, and the enhancement of India's digital infrastructure, aligning with the Digital India initiative.
The data center will incorporate renewable energy sources, efficient cooling systems, and advanced waste management solutions to minimize its carbon footprint.
Construction on the hyperscale data center is expected to begin in the coming months, with the first phase scheduled for completion within the next two years.
India's real estate sector sees a surge in investment, while Ankit Lodha's LA Empire aims to transform the US rental market with innovative solutions.
The renowned music composer Anu Malik and his wife have reportedly sold two properties located in Santacruz West, Mumbai, for a combined total of Rs 14.49 crore, as per property registration records accessed by real estate platform Square Yards.
Pune and Mumbai are set to introduce an online tenant verification system next month, streamlining the property registration process and enhancing transparency in real estate transactions.
Abhishek and Abhinandan, sons of Maharashtra minister Mangal Prabhat Lodha, the founder of the Lodha Group, are involved in a bitter trademark dispute. A retired Supreme Court judge has been appointed as the mediator to resolve the feud.
The Reserve Bank of India's (RBI) recent decision to cut interest rates by 25 basis points is expected to provide a significant boost to the housing market, particularly for mid-income buyers. Coupled with the budget tax benefits, this move is poised to e
Mumbai-based Macrotech Developers, led by Abhishek Lodha, has taken legal action to prevent The House of Abhinandan Lodha (HoABL) from using the Lodha brand name, citing customer confusion and trademark infringement.