India’s rapidly expanding digital economy continues to fuel demand for data centre infrastructure, with Navi Mumbai emerging as one of the country’s most sought-after destinations for new developments. In line with this growth trend, STT Global Data Centres India Private Limited has acquired a prime industrial land parcel in Navi Mumbai for ₹282 crore to develop a new data centre facility.
According to property documents accessed through CRE Matrix, the acquisition includes a 14,093-square-metre industrial land parcel along with an existing built-up structure measuring 6,828 square metres. The property is located in the TTC Industrial Area, a major industrial and commercial hub known for its strong infrastructure and connectivity advantages.
The land and built-up property were acquired from Mumbai-based publishing services company Repro India Limited through a Deed of Assignment executed on May 22, 2026. The transaction involved a stamp duty payment of approximately ₹2.56 crore and was registered on the same day.
STT Global Data Centres India, backed by Tata Communications, is among the leading data centre operators in the country. The latest acquisition supports the company’s expansion plans as demand continues to increase for cloud computing, artificial intelligence applications, digital banking services, and enterprise data storage solutions.
Industry observers note that Navi Mumbai has become a preferred location for data centre investments due to its dependable power infrastructure, extensive fibre network connectivity, proximity to Mumbai’s commercial districts, and availability of industrial land. The region also benefits from access to international subsea cable landing stations, strengthening its importance within India’s digital infrastructure landscape.
The acquisition comes at a time when India’s data centre sector is experiencing significant growth. According to a recent report by Knight Frank India, live IT capacity across the country’s seven major data centre markets surpassed 1.6 GW by the end of 2025.
Mumbai continues to hold its position as India’s largest and most developed data centre market, accounting for nearly 47% of the nation’s total live capacity. The city recorded a live IT load of 766.6 MW by the end of 2025 and is projected to approach 866 MW by 2027.
The report also identifies Navi Mumbai and Chandivali as key data centre development corridors, attracting substantial land acquisitions and investments from operators seeking to meet growing hyperscale deployment requirements.
As digital transformation accelerates across industries, investments in data centre infrastructure are expected to remain strong. The latest acquisition highlights Navi Mumbai’s growing role as a strategic destination for data centre development and reflects the increasing importance of robust digital infrastructure in supporting India’s technology-driven growth.
