Lodha Developers to monetise 150 acres at data centre park in MMR for ₹10,000 cr: MD
Why it matters
Why it matters for greenfield investors: Lodha Developers to monetise 150 acres at data centre park in MMR for ₹10,000 cr: MD. Data-centre headlines usually hide MW, water, and fibre questions. Our briefing translates the announcement into greenfield site-readiness terms for India.
Lodha Developers plans to monetise around 150 acres of land at its data centre park in the Mumbai Metropolitan Region over the next three to four years, targeting nearly ₹10,000 crore in proceeds. The company expects an average realisation of about ₹60 crore per acre. With around 660 acres currently held at the park, the land sale forms part of Lodha’s recurring asset monetisation strategy.