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Blackstone to invest ₹5,000 cr to develop data centre in MMR
Business Standard
|September 24, 2025
Betting big on data centres
Blackstone, the New York-based global investment management firm, will invest about ₹5,000 crore to develop a 60 megawatt (Mw) data centre in Chandivali, a part of the Mumbai metropolitan region (MMR), through Lumina CloudInfra, the company's data centre (DC) platform in India, according to people familiar with the matter.
Lumina CloudInfra bought 3.8 acres in Chandivali for ₹475 crore. The transaction was registered on September 19, according to registration documents provided by CRE Matrix, a real estate data analytics firm.
With the Chandivali project, Blackstone's DC investments in India will be around ₹50,000 crore. Globally, Blackstone is the largest owner and DC provider, with a DC portfolio worth $100 billion. Blackstone and Lumina CloudInfra declined to comment on queries related to the development.
Denne historien er fra September 24, 2025-utgaven av Business Standard.
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