Microsoft India Expands Footprint with Major Land Acquisitions
Microsoft Corporation (India) has purchased 16 acres of land in Pune from Viva Highways for Rs 453 crore, part of its strategy to expand its data center operations. This acquisition follows previous land buys in Pimpri-Chinchwad and Hyderabad, highlighting Microsoft's growing presence in India.
- Country:
- India
Microsoft Corporation (India) has made a significant land purchase, acquiring around 16 acres in Pune from Viva Highways for Rs 453 crore, according to property consultant Square Yards.
The transaction, registered in September 2024, incurred a stamp duty of Rs 27.18 crore and a registration fee of Rs 30,000, bringing the total cost to Rs 453 crore. This acquisition is part of Microsoft's broader strategy to expand its data center operations in India.
Recent land deals by Microsoft include 16.4 acres in Pune's Hinjewadi, 25 acres in Pimpri-Chinchwad, and 48 acres in Hyderabad, showcasing the tech giant's growing footprint across the country.
ALSO READ
-
Bengaluru's metro network joins 100-km club after Delhi, Mumbai; reflects India's vision for ease of travel: PM Modi
-
"The way Henry bowled was sensational": Shreyas Iyer reflects on India's crushing 244-run defeat against New Zealand
-
India's exports to FTA partners surge, Singapore leads with 103% growth; New Zealand pact opens zero-duty access
-
WazirX on Crypto's Inflation, ETF and Nvidia Headwinds
-
Six out of 10 Indian consumers trust online health information, prefer instant AI answers: BCG Study
Google News