Data Centre Plans? Microsoft Buys Another 16.4 Acre Plot In Pune For INR 435 Cr

Data Centre Plans? Microsoft Buys Another 16.4 Acre Plot In Pune For INR 435 Cr

SUMMARY

The deal for the 16.4 acre plot was registered on September 5 and involved Microsoft paying a stamp duty of INR 27.18 Cr and a registration fee of INR 30,000

With this, the company has acquired more than 30 acres of land in Pune in the past one month for a total investment of INR 973 Cr

This follows a similar transaction wherein Microsoft acquired a land parcel spread over 13.6 acres for nearly INR 520 Cr, including stamp duty worth INR 31.18 Cr

After buying a land parcel worth INR 520 Cr in Pune, big tech major Microsoft has now reportedly purchased another 16.4 acre plot in the city’s tech hub Hinjewadi for a consideration of INR 453 Cr. 

With this, the company has acquired more than 30 acres of land in Pune in the past one month for a total investment of INR 973 Cr. 

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