Team Blitz India
NEW DELHI: Microsoft Corporation recently acquired 48 acres of land in Hyderabad for a deal valued at approximately Rs 267 crore.
The property was purchased from the land aggregator, Sai Balaji Developers , located inRanga Reddy district, as per the document shared by Propstack, a data analytics firm.
“Microsoft has big plans to expand its data centre business and will be developing one of the biggest data centres in the region. The property is located about forty kilometres from the main city of Hyderabad, and the company paid a premium on the land,” said a person aware of the deal.
Microsoft’s Hyderabad data centre region is an addition to its existing network of three regions in India – Pune, Mumbai, and Chennai – which have been operational for the past five years.
