Microsoft invests Rs 520 crore in 16.4-acre property in Pune’s Hinjewadi
By
Binu Mathew
BENGALURU: Tech giant Microsoft has purchased 16.4 acre land in Pune’s Hinjewadi for about Rs 520 crore, according to Square Yards. The company’s investments in the commercial real estate sector have increased in recent times, as they plan to establish more data centres, development centres and office spaces to accommodate growing workforce.
As per the registration document reviewed by Square Yards, Microsoft’s Indian arm, Microsoft Corporation (India) Private Limited, acquired 66,414.5 square meters of prime land in Pune’s Hinjewadi.