Microsoft Acquires Prime Hyderabad Land for INR 181 Crore in Strategic Expansion Move

Microsoft Expands Hyderabad Footprint with ₹181 Crore Purchase

Microsoft Corporation (India) has acquired 121,000 square yards of land in the village of Nandigama, Hyderabad, from Natco Pharma for ₹181.25 crore.

The deal was recorded in a sales deed sourced from Propstack, reflecting the tech giant's increasing interest in the region.

Strategic Investment for Data Centre Expansion

Industry sources indicated that the acquisition is part of Microsoft’s broader strategy to expand its data center operations in Hyderabad. The purchase highlights the company's focus on strengthening its infrastructure in India, particularly in regions with growing tech ecosystems.

Natco Pharma Clarifies Operational Impact

Natco Pharma stated that the property sold was not part of its core operational assets and would not impact its ongoing business activities. The transaction did not involve the transfer of any substantial portion of the company's operations or assets, ensuring business continuity.

Hyderabad Emerges as a Data Centre Hub

Hyderabad continues to attract significant investments from global tech firms, with Microsoft’s latest move underscoring the city’s potential as a data center hub. The strategic location and infrastructure in Nandigama add to its appeal for tech giants.

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Disclaimer

This article is based on publicly available information and sources close to the matter as of December 2024.