ESR enters data centre market with ₹900 crore investment in Navi Mumbai
Asia Pacific-focused real asset owner and manager ESR is foraying into India’s data centre market with a plan to invest around ₹900 crore to develop a hyperscale, multi-storey asset in Navi Mumbai’s Rabale locality.
The company has already pre-leased the new ESR Rabale MU1 Data Centre to a major information and communications technology company. It is being built on a 3.25-acre land parcel and will hold a facility load of up to 60 MW, providing scalability to support the continued growth in cloud computing, AI and enterprise workloads.
