9.3 Millon Sq Ft Data Centre Real Estate By 2025

An additional 9.3 million sq ft of real estate space is expected to be developed by 2025 for the rapidly growing data center industry at an investment of USD 1.03 billion (about Rs 7,700 crore), JLL India said. JLL India estimated that data center industry would present a total of USD 4.9 billion (about Rs 36,700 crore) greenfield investment opportunity for real estate developers and investors during the next five-and-a-half years. Mumbai is expected to witness the highest capacity addition of around 360 MW, followed by Chennai with a capacity addition of 134 MW. Total capacity addition of 703 MW by 2025 is expected to add 9.3 million sq ft of real estate space. As the world's second largest data subscriber population increasingly adapts to a new digital world, India's data center industry is expected to travel through an interesting transition phase in terms of operators, locations and technology, the report said.