Microsoft Expands Data Center Operations in India with Pune Land Acquisition
Microsoft has acquired 16.4 acres of land in Pune for Rs 520 crore to strengthen its data center presence in India.
MicrosoftPuneData CenterIndiaExpansionReal Estate PuneSep 11, 2024
According to real estate consultant Square Yards, Microsoft's Indian arm, Microsoft Corporation (India) Pvt Ltd, acquired 66,414.5 square meters (around 16.4 acres) of prime land in Pune's Hinjewadi. The transaction, registered in August 2024, involved the purchase of land from Indo Global Infotech City LLP.
The deal incurred a stamp duty of Rs 31.18 crore and a registration fee of Rs 30,000. However, Microsoft did not comment on this deal.
This is not the first time Microsoft has invested in land acquisition in India. In 2022, the company acquired a 25-acre plot in Pimpri-Chinchwad for Rs 328 crore. Earlier this year, Microsoft secured 48 acres of land in Hyderabad for Rs 267 crore.
Both deals are part of Microsoft's broader strategy to expand its presence in India, particularly within its data centre operations. The company's network of data centres already includes locations in Pune, Mumbai, and Chennai, solidifying its presence across key markets.
Microsoft's expansion plans in India are a testament to the country's growing importance in the global tech landscape. With its robust data center infrastructure, Microsoft is well-positioned to support the growing demand for cloud computing and other digital services in India.
About Microsoft Microsoft is a global technology company that develops, manufactures, licenses, and supports a wide range of software products, services, and devices. The company's mission is to empower every person and organization on the planet to achieve more.
About Square Yards Square Yards is a leading real estate consultant that provides a range of services, including property advisory, research, and analytics. The company has a strong presence in India and other key markets globally.
Information India has emerged as a key market for global tech companies, driven by its large and growing population, increasing digital adoption, and favorable business environment. Microsoft's expansion plans in India are part of its broader strategy to tap into the country's growing potential.
Microsoft Corporation (India) Pvt Ltd is a subsidiary of Microsoft Corporation, a global technology company. Square Yards is a leading real estate consultant with a strong presence in India and other key markets globally.
Frequently Asked Questions
How much land has Microsoft acquired in Pune?
Microsoft has acquired 16.4 acres of land in Pune for Rs 520 crore.
What is the purpose of Microsoft's land acquisition in Pune?
The land acquisition is part of Microsoft's strategy to expand its data center operations in India.
How much did Microsoft pay for the land in Pune?
Microsoft paid Rs 520 crore for the 16.4 acres of land in Pune.
What other land acquisitions has Microsoft made in India?
Microsoft has acquired land in Pimpri-Chinchwad and Hyderabad in addition to its latest acquisition in Pune.
What is the significance of Microsoft's expansion plans in India?
Microsoft's expansion plans in India are a testament to the country's growing importance in the global tech landscape.
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