CapitaLand India Trust to set new Data centre in Navi Mumbai
Asia's largest diversified real estate group CapitaLand India Trust has informed that it has secured a 5-year construction loan of Rs 1,300 crore from J.P. Morgan India to finance phase 1 development of its data centre in Navi Mumbai. As per the firm construction of the data centre has commenced and is scheduled for completion by mid-2025.
The data center will have a power capacity of 108 MW to service global technology giants, cloud service providers, and large domestic enterprise clients.