Mapletree Investments Plans Major Data Center Expansion in India
Singapore-based property developer Mapletree Investments is set to invest $500-700 million in its first data center project in Mumbai, India, with plans to expand to other major cities.
Mapletree InvestmentsData CenterMumbaiIndian Real EstateDigital InfrastructureReal Estate MumbaiOct 06, 2025
Along with Mumbai, Mapletree is also considering Hyderabad, Pune, and Bengaluru for similar data center projects. The company's regional CEO for India, Quek Kwang Meng, recently revealed that their asset portfolio in the country would reach 21.5 million square feet after completing properties under construction in Pune and Mumbai. This indicates a strong growth strategy by Mapletree to expand its footprint in India's real estate market.
In 2023, Mapletree partnered with Ivanhoe Cambridge, the real estate arm of Canadian pension fund Caisse de depot et placement du Quebec (CDPQ). The collaboration aims to create a platform that will invest over ₹15,000 crore in tech-focused workplaces in India. Last year alone, the firm acquired a massive 41-acre land parcel in Bengaluru for ₹1,900 crore.
India's third-party data center capacity is expected to double from 1,250MW in FY25 to 2,400-2,500MW by FY28, according to rating agency ICRA. This growth will be fueled by an investment of ₹90,000 crore. The expansion of the country's digital infrastructure makes it an attractive destination for global players like Mapletree Investments.
Mapletree's entry into India's data center market is a strategic move that aligns with the growing demand for digital infrastructure. The company's significant investment and expansion plans highlight its commitment to leveraging the robust growth potential in the region. With a focus on key cities like Mumbai, Hyderabad, Pune, and Bengaluru, Mapletree is well-positioned to capture a significant share of the burgeoning data center market in India.
Frequently Asked Questions
What is Mapletree Investments planning to do in India?
Mapletree Investments is planning to invest $500-700 million in its first data center project in Mumbai, India, with a capacity of around 400MW.
Which cities is Mapletree considering for data center projects?
Mapletree is considering Mumbai, Hyderabad, Pune, and Bengaluru for similar data center projects.
What is the expected growth in India's data center capacity?
India's third-party data center capacity is expected to double from 1,250MW in FY25 to 2,400-2,500MW by FY28, according to rating agency ICRA.
What strategic partnership did Mapletree form in 2023?
In 2023, Mapletree partnered with Ivanhoe Cambridge, the real estate arm of Canadian pension fund Caisse de depot et placement du Quebec (CDPQ), to create a platform that will invest over ₹15,000 crore in tech-focused workplaces in India.
How much land did Mapletree acquire in Bengaluru?
Last year, Mapletree acquired a massive 41-acre land parcel in Bengaluru for ₹1,900 crore.
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