Microsoft Corporation recently announced acquiring an anticipated 48 Acres of land in Hyderabad for a deal valued at an estimated INR 267 Crore. The property was purchased from the land aggregator, Sai Balaji Developers, located in Ranga Reddy district. This acquisition is part of Microsoft’s plans to expand its data center business.
The property is situated about 40 Km from the main city of Hyderabad. Microsoft intends to develop one of the largest data centers in the region on this land. This Hyderabad data center region will complement Microsoft’s existing network of three data center regions in India: Pune, Mumbai, and Chennai. These have been operational for the past five years.
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Microsoft already operates an India Development Centre (IDC) in Hyderabad, sprawled across 54 Acres. The IDC has played a pivotal role in Microsoft’s development and progression of technological offerings, such as Azure, Windows, Office, and Bing. Additionally, Microsoft has acquired two more land parcels in Hyderabad for its data center business.
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Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
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