BENGALURU, Jan 20 (Reuters) - India's Lodha Developers said on Tuesday that it will invest an additional 1 trillion rupees ($11 billion) to build a 2.5-gigawatt data centre park in the state of Maharashtra, expanding on an earlier commitment of 300 billion rupees.
India's data center market has been booming, with real estate developers, investors and tech giants such as Alphabet's Google and Meta investing billions across states including Maharashtra and Andhra Pradesh.
Lodha made its initial commitment to the Maharashtra government last September.
The group said on Tuesday that the 2.5-gigawatt data center park will be the largest of its kind in India. Firms including Amazon and Singapore-based STT Global Data Centers have purchased land parcels at the site.
($1 = 90.8950 Indian rupees)
(Reporting by Abhirami G in Bengaluru; Editing by Rashmi Aich and Sherry Jacob-Phillips)
Macrotech Developers Limited is an India-based company, which is primarily engaged in the business of real estate development. The Company’s properties are located at Mumbai, Thane, Pune, Bangalore, Thane & Palava, Wadala Harbor, Kalyan Dombivli, Eastern Suburbs, Western Suburbs, South Mumbai, Crown Quality Homes, Hyderabad, London, and Commercial Property in Mumbai. Its residential projects include Lodha Vero; Casa Verdura; Lodha Marq; Lodha Seamont Malabar Hill; No 1 Grosvenor Square, London; Lodha Maison, Worli; Lodha Cullinan; Lodha World View, Worli; Lodha World One, Worli; Lodha World Towers, Worli; Lodha Ciel, Worli; Lodha Park-Trump Tower Mumbai; Lodha Park- Marquise; Lodha Evoq; Lodha Park-Kiara; Lodha Park-Adrina; Lodha Solitaire, Mahalaxmi; Lodha Park-Parkside, and others. Its commercial projects include Lodha Supremus, Thane; One Lodha Place, Lower Parel; Codename Great Gains, Thane; Lodha Supremus, New Cuffe Parade; Lodha Codename Rare Fortune, Vikhroli, and others.
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