Microsoft acquires Rs 520 cr land in Pune for data centre expansion plans

Global tech giant Microsoft has secured a significant land parcel in Pune’s Hinjewadi region, marking a major investment in India’s commercial real estate sector. According to documents reviewed by property portal Square Yards, Microsoft Corporation (India) Private Ltd has purchased 66,414.5 square meters (approximately 16.4 acres) of land for Rs 519.72 crore.

The deal, finalised in August 2024, involved a stamp duty of Rs 31.18 crore and a registration fee of Rs 30,000.