HomeLatestEquinix India acquires land in Mumbai’s Chandivali for Rs 1.5 billion

Equinix India acquires land in Mumbai’s Chandivali for Rs 1.5 billion

Equinix India, a prominent global data centre provider, has made a strategic investment by acquiring land in Mumbai’s Chandivali for ₹1.5 billion. The acquisition signifies a notable expansion in Equinix’s India operations, underscoring Mumbai’s status as a critical hub for data centre infrastructure in South Asia. Industry experts view this as a forward-looking move, aligning with the surging demand for robust digital infrastructure driven by cloud services, artificial intelligence, and data localisation policies.

The Chandivali acquisition highlights Mumbai’s growing appeal as a preferred destination for technology investments. The city offers strategic advantages, including proximity to global internet hubs and a strong ecosystem of enterprises adopting digital-first strategies. This move reflects the broader trend of global companies bolstering their footprint in India, aiming to capitalise on the burgeoning data economy. Such investments are crucial for sustaining India’s digital transformation, which requires scalable and energy-efficient infrastructure.

From an urban development perspective, the entry of major players like Equinix into Chandivali adds to Mumbai’s burgeoning commercial profile. However, the city’s rapid urbanisation also brings challenges such as increasing pressure on land resources and infrastructural sustainability. Policymakers must address these concerns by promoting equitable urban planning and ensuring that such developments contribute positively to the local community.

Sustainability is a cornerstone of Equinix’s strategy, with a focus on energy-efficient data centres and renewable energy integration. By prioritising green building standards, Equinix is setting an example for reducing carbon footprints in India’s tech infrastructure. Such initiatives not only enhance the sustainability quotient but also align with India’s ambitious climate goals, making this investment a win-win for the company and the nation’s environment. As Mumbai continues to attract technology-driven investments, a balanced approach to growth will be critical to maintaining the city’s dynamic yet sustainable urban ecosystem.

RELATED ARTICLES
- Advertisment -spot_img

Most Popular

Recent Comments

Mumbai Railways To Lease Mahalaxmi And Bandra Plots Earning Rs 6k Crore Revenue

Mumbai Railways To Lease Mahalaxmi And Bandra Plots Earning Rs 6k Crore Revenue

0
Mumbai is poised for a fresh wave of real estate activity as Indian Railways prepares to lease two of its prime land parcels in...
Bollywood Actor Hrithik Roshan Rents Sea Facing Apartment To Girlfriend Saba Azad for Rs 75000 per month

Bollywood Actor Hrithik Roshan Rents Sea Facing Apartment To Girlfriend Saba Azad for Rs...

0
Bollywood actor Hrithik Roshan has leased his sea-facing luxury apartment in Juhu to his partner Saba Azad for Rs 75,000 per month. The arrangement,...
MHADA Extends Deadline For 5,285 Flats, 77 Plots In Thane, Vasai Till September 12

MHADA Extends Deadline For 5,285 Flats, 77 Plots In Thane, Vasai Till September 12

0
Affordable housing seekers in Thane and Vasai have been given additional time to secure a home under the Maharashtra Housing and Area Development Authority’s...
SAIL Supplies 8000 Tonnes Critical Steel for Udaygiri and Himgiri Frigates

SAIL Supplies 8000 Tonnes Critical Steel for Udaygiri and Himgiri Frigates

0
The Steel Authority of India Limited (SAIL) has reinforced India’s stride towards defence self-reliance by supplying nearly 8,000 tonnes of critical-grade steel for two...
Property Prices Rise in 45 Cities as Home Loan Rates Ease in Q1 FY26

Property Prices Rise in 45 Cities as Home Loan Rates Ease in Q1 FY26

0
Property prices across India witnessed a broad-based upswing in the first quarter of FY26, with 45 of the 50 monitored cities recording annual appreciation,...