Microsoft Corporation (India) Pvt Ltd, the Indian arm of Satya Nadella-led Microsoft, has acquired a 16.4-acre land parcel for Rs 520 crore in Pune’s Hinjewadi area.
This is Microsoft's second major land purchase in the city, following the acquisition of a 25-acre plot in the Pimpri-Chinchwad area for Rs 328 crore two years ago.
With the latest transaction, the US-based company has invested a total of Rs 848 crore in Pune for land acquisitions.
Expanding data centre presence
The tech giant has been making real estate investments across the country to support its growing cloud services and digital infrastructure needs.
The Pune deal is part of Microsoft’s broader strategy to enhance its data storage capabilities and ensure compliance with data localization regulations.
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Location of the land
The deal, which was registered in August 2024 with Indo Glo
Microsoft Corporation (India) Pvt Ltd, the Indian arm of Satya Nadella-led Microsoft, has acquired a 16.4-acre land parcel for Rs 520 crore in Pune’s Hinjewadi area.
This is Microsoft's second major land purchase in the city, following the acquisition of a 25-acre plot in the Pimpri-Chinchwad area for Rs 328 crore two years ago.
With the latest transaction, the US-based company has invested a total of Rs 848 crore in Pune for land acquisitions.
Expanding data centre presence
The tech giant has been making real estate investments across the country to support its growing cloud services and digital infrastructure needs.
The Pune deal is part of Microsoft’s broader strategy to enhance its data storage capabilities and ensure compliance with data localization regulations.
Subscribe to our newsletter for a daily roundup of the startup ecosystem
Location of the land
The deal, which was registered in August 2024 with Indo Global Infotech City LLP, incurred a stamp duty of Rs 31.18 crore and was officially recorded on September 6.
The land is located in the Rajiv Gandhi Infotech Park, a prominent IT hub that houses several technology companies.
Previous real estate investments by Microsoft in India
Earlier this year, Microsoft also secured 48 acres of land in Hyderabad for Rs 267 crore.
With over 23,000 employees in India, Microsoft is already a significant player in the Indian tech landscape. The company operates data centers in key locations such as Pune, Mumbai, and Chennai.
In addition to its real estate investments, Microsoft is also focused on upskilling the Indian workforce. Through its ADVANTA(I)GE INDIA program, it aims to train two million people in digital and AI skills by 2025, further supporting India's transition into a digitally empowered society.
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