As part of its multi-city data centre strategy for India, Microsoft intends to construct a substantial hyperscale data centre in Pune.
Microsoft has acquired a 25-acre commercial plot to set up a hyper-scale data centre in Maharashtra’s Pune. As per data accessed by Propstack, the tech giant has acquired the commercial plot from Finolex Industries.
The plot in Pune’s Pimpri-Waghere neighbourhood has been purchased for close to Rs 329 crore. The Pune-based firm has transferred its leasehold rights of this particular plot to Microsoft Corporation for the next 37 years, until August 2059. The property has the potential to develop a hyper-scale cloud capacity data centre with a built-out capacity of 100 MW.
Raja Seetharaman – co-founder of Propstack said, “Pune is ideal for setting up large campuses due to the availability of quality real estate, affordable housing, and human resources. However, many corporates have preferred Bengaluru and recently Hyderabad for their expansions. This transaction could be the start of Pune emerging as a strong contender”.