NEW DELHI: In a landmark move signaling India's digital infrastructure ambitions, real estate giant Lodha Developers Ltd has unveiled plans for a colossal Rs 1.3 lakh crore investment to establish a 2.5 gigawatt data centre park in the Mumbai metropolitan region. This strategic expansion marks one of the largest private sector commitments to India's burgeoning data economy.
Massive Investment Commitment in Maharashtra
Through a regulatory filing on Tuesday, the company disclosed it has signed a memorandum of understanding (MoU) with the Maharashtra government for an additional Rs 1 lakh crore investment to develop this ambitious data centre park. This latest agreement builds upon a previous Rs 30,000 crore commitment made in September 2025, bringing the total planned investment to an unprecedented Rs 1.3 lakh crore.
The MoU for the Rs 1 lakh crore investment was formally signed on January 19 between Abhishek Lodha, Managing Director and CEO of Lodha Developers, and representatives of the Maharashtra state government. This signing took place against the backdrop of the prestigious World Economic Forum in Davos, highlighting the international significance of this development.
Strategic Location and Government Support
The project will be situated within Lodha's expansive 5,000-acre township in Palava, strategically located near Mumbai. It will be developed under the Maharashtra government's progressive Green Integrated Data Centre Park policy, which aims to promote sustainable digital infrastructure development.
"Over and above the Rs 30,000 crore commitment last year to develop the data centre park, we have signed another agreement with Government of Maharashtra to invest additional Rs 1 lakh crore," stated Abhishek Lodha. "The state has already scaled newer heights under the leadership of Devendra Fadnavis, Chief Minister of Maharashtra."
Creating India's Largest Data Centre Facility
According to company projections, this data centre park is slated to become the largest such facility in the country. The development is expected to generate substantial employment opportunities, creating over 16,000 direct and indirect jobs across various skill levels.
The latest Rs 1 lakh crore agreement significantly bolsters Lodha Group's commitment to Maharashtra's economic growth trajectory. The company emphasized that this project will accommodate several major international and domestic technology players seeking robust data infrastructure.
Early Adopters and Development Model
Already, global technology giants have shown keen interest in the project. Amazon has secured a land parcel for its data centre operations and has made comprehensive arrangements for its power requirements for the next 15 years. Similarly, Singapore-based STT Global Data Centres has also acquired land within the park.
Lodha Group will function as the primary developer for multiple players interested in establishing data centres within the park. This developer-led model allows the company to leverage its real estate expertise while facilitating India's digital infrastructure expansion.
India's Growing Data Centre Landscape
The timing of this massive investment aligns perfectly with India's accelerating digital transformation. According to real estate consultant CBRE, India's data centre capacity reached 1,530 MW in September last year, reflecting substantial growth over recent years.
"India's data centre capacity has seen significant growth in the last four to five years, mirroring the country's rapid digital transformation," noted Anshuman Magazine, Chairman & CEO - India, South-East Asia, Middle East & Africa, CBRE. "Rapid digitalisation due to rising internet penetration, cloud adoption, and the emergence of AI and Internet of Things (IoT), has taken the need for strong data infrastructure to new heights. This is being supported by government policies and data localisation norms, positioning India as a key hub for global as well as domestic investors."
Lodha's Expanding Business Portfolio
Lodha Developers, which markets properties under the Lodha brand, stands as one of India's leading real estate developers. The company's financial performance has shown robust growth, with sales bookings increasing to Rs 17,630 crore during the last fiscal year, up from Rs 14,520 crore in the preceding year.
For the current financial year, Lodha has set an ambitious sales bookings target of Rs 21,000 crore, expressing confidence in achieving this milestone. Since its inception, the company has delivered 110 million square feet of real estate and is currently developing more than 130 million square feet across its ongoing and planned portfolio.
This massive data centre investment represents a strategic diversification for Lodha Developers, positioning the company at the forefront of India's digital infrastructure development while contributing significantly to Maharashtra's economic growth and employment generation.
