Lodha Group Sells 24-Acre Mumbai Land to Singapore’s STT GDC for Data Center Development
Lodha Group, one of India's leading real estate developers, has sold a 24-acre plot in Mumbai to Singapore-based STT GDC for the development of a state-of-the-art data center. This strategic move underscores the growing importance of data infrastructure in the region.
Real EstateData CenterMumbaiLodha GroupStt GdcReal Estate MaharashtraSep 25, 2025
The land, located in a prime area of Mumbai, will be used by STT GDC to construct a world-class data center. This development is part of a broader trend where real estate developers are increasingly focusing on technology-related projects to meet the growing demand for data storage and processing capabilities.
Lodha Group, known for its extensive portfolio of residential and commercial projects, has delivered approximately 100 million square feet of real estate and is currently developing over 110 million square feet under ongoing and planned projects. This latest sale demonstrates the company's strategic approach to diversifying its portfolio and capitalizing on emerging market opportunities.
STT GDC, a leading provider of data center solutions in Asia, has been expanding its footprint across the region. The acquisition of the 24-acre plot in Mumbai aligns with the company's mission to provide robust and reliable data infrastructure to support the digital transformation of businesses in India and beyond.
The development of the data center is expected to create significant economic benefits for the local community, including job creation and increased investment in the area. It will also contribute to the broader goal of making Mumbai a global technology hub, attracting more tech companies and startups to the city.
In a statement, a spokesperson for Lodha Group highlighted the strategic importance of the deal. 'This sale to STT GDC is a testament to our commitment to innovation and our ability to adapt to the changing needs of the market. We are confident that this partnership will not only benefit both companies but also contribute to the growth of the Mumbai economy.'
The construction of the data center is expected to commence in the coming months, with a timeline of approximately two to three years for completion. STT GDC has a strong track record of delivering high-quality data center facilities, and this project is expected to set new standards for data infrastructure in the region.
As the demand for data centers continues to grow, driven by the increasing adoption of cloud computing, artificial intelligence, and the Internet of Things (IoT), this development is poised to play a crucial role in supporting the digital infrastructure of Mumbai and the wider Indian market.
The collaboration between Lodha Group and STT GDC is a prime example of how real estate developers and technology companies can work together to drive innovation and economic growth. With the data center project, both companies are positioning themselves at the forefront of the tech-driven real estate sector, setting the stage for future collaborations and advancements in the industry.
Frequently Asked Questions
What is the size of the land sold by Lodha Group to STT GDC?
The land sold by Lodha Group to STT GDC is 24 acres in size.
Where is the land located?
The land is located in a prime area of Mumbai, India.
What is the planned use of the land?
The land will be used to construct a state-of-the-art data center by STT GDC.
What is the expected timeline for the construction of the data center?
The construction of the data center is expected to commence in the coming months and take approximately two to three years to complete.
What are the expected economic benefits of the data center project?
The data center project is expected to create significant economic benefits, including job creation and increased investment in the local community, contributing to the growth of Mumbai's economy.
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