Digital Edge to buy 47 acre to set data centre
Singapore-based data center platform Digital Edge is planning to set up its maiden data center in India. The firm is in advanced talks to acquire a 47-acre land parcel in Thane along with realty developer Assetz Property Group for over Rs 806 crore from specialty steel manufacturer Mukand Ltd. The plot is spread across Thane’s Kalwe and Dighe localities is a freehold land parcel.
Mukand has already sold around 55 acres of surplus leasehold land in the same area to NTT Global Data Centers for Rs 801 crore and this transaction was completed in May 2021.
Also Read: Sify To Set New Data Centre