 |
This land will be used to develop a hyperscale data centre, which is part of Amazon's broader commitment to enhancing India's digital infrastructure.
As part of the deal, Amazon Data Services India will also get access to the already sanctioned floor space index—permissible development potential—of around 4.16 million sq ft.
Key Details:
- Land Size: 38.18 acres
- Location: Palava, near Mumbai
- Cost: Over INR 450 crore
- Development Potential: Approximately 4.16 million sq ft of floor space index (FSI).
The development of this data centre will support the growing demand for reliable data storage and processing capabilities in India, benefiting various sectors such as payments, gaming, and emerging technologies like the Metaverse.
Amazon India has been actively expanding its data centre infrastructure across the country. Last year, Amazon Data Services India leased a 4-acre land parcel in Powai from Larsen & Toubro (L&T) through an 18-year lease, committing to INR 562 crore in rental payments.
In 2022, Amazon acquired a 54-acre land parcel in Thane for INR 1,870 crore to develop another hyperscale data centre. Amazon also signed an agreement to lease an additional 5.5-acre land parcel adjacent to the Powai site for INR 921 crore over 21.5 years.
Prior to these acquisitions, Amazon leased a commercial tower with a built-up area of 451,000 sq ft in Thane through a long-term sublease of over 15 years.
These investments are part of Amazon's broader commitment to India's digital transformation and supporting the growing digital economy.
Advertisements