MUMBAI, INDIA – June 9, 2025 – NTT Global Data Centers & Cloud Infrastructure India has completed a significant acquisition in Mumbai, securing two land parcels totaling 9,664.68 square meters (2.39 acres) in Andheri for ₹855 crore. The property was sold by Jeetendra Kapoor and family-owned firms Pantheon Buildcon and Tusshar Infra Developers. This move, confirmed by NTT Data to ETRealty, is a crucial step in the company’s “accelerated global expansion” and strengthens its standing as a premier data center provider both internationally and within India.
The newly acquired Mumbai site, formerly known as Balaji IT Park, already features three constructed buildings encompassing a total built-up area of 45,572.14 square meters (4,90,534 sq ft). The transaction was formally registered in May 2025, incurring a stamp duty of ₹8.69 crore and registration charges of ₹30,000. The process of land acquisition and construction agreements for this data center development was proactively handled with a local development partner, ensuring a streamlined execution and successful regulatory registration.
This substantial investment in Mumbai aligns with NTT Data’s broader strategy, outlined in January 2025, to inject over $10 billion into capital development for its data center business through 2027. Over the past six months, the company has aggressively expanded its global footprint by acquiring six land parcels across North America, Europe, and Asia.
Internationally, NTT Data’s recent land acquisitions include 53 acres in Milan, Italy, and in Japan, 32 acres in Tochigi and eight acres in Osaka. In the United States, the company secured 174 acres in Arizona and additional land in Hillsboro. Significant expansions have also occurred in Europe, with approximately 26.3 acres acquired in London, UK, and further land in Frankfurt, Germany. These calculated investments underscore NTT Global Data Centers’ unwavering commitment to becoming a top-tier data center provider, with a keen focus on critical markets worldwide, including the rapidly growing Indian market.
