Microsoft buyers land in Hyderabad for Rs 267cr to build data centre
The property was purchased from the land aggregator, Sai Balaji Developers, located in Ranga Reddy district, as per the document shared by Propstack, a data analytics firm.
Microsoft's https://www.microsoft.com/en-in 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. Microsoft had also acquired two more land parcels in Hyderabad for the data centre business.
Microsoft currently operates an India Development Centre (IDC) https://www.idc.com/ out of Hyderabad spread over 54-acre apart from Bengaluru and Noida. The IDC has played a pivotal role in the development and progression of Microsoft's technological offerings, such as Azure, Windows, Office, and Bing. Separately, over the past two years, the organisation has been increasing its presence in the flexible office space segment throughout the country.
https://www.livehomes.in/news_letter