Microsoft Increases Its Presence in Pune Acquires 16.4 Acres For ₹520 Crore

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After a long hiatus in land buying activity of the apex IT companies, followed by an extraordinary breather for nearly six months, global tech-giant Microsoft has hit new this time adding to yet another reason when they grabbed 16.4 naukri Vivekan India out through huge deal Hinjewadi., Pune million different INR area.Leading web source pune(LM) reports.. Best part is that as per the detailed documents accessed by Square Yards, this strategic acquisition only testifies to how Microsoft has been broadening its investments in Indian commercial real estate space.

The registration documents show that Microsoft Corporation (India) Private Limited bought around 66,414.5 square meters (~16.4 acres) of prime land over two separate deals in August 2024 Indo Global Infotech City LLP sold this land for stamp duty of ₹31.18 crore with registration fee at to 30,000 on November 15)}.

The investment underscores Microsoft's decades-long commitment to the Indian market, especially its research and development of commercial real estate — data centers, development centres for cloud services like Windows Azure as well as flexible office spaces. Long after Microsoft's labours took root in India, the technology and software company continues to buttress its standing in IT while it also participates heavily on new legs of traditional business like real estate.

Earlier in 2022, Microsoft Corporation (India) expanded its realty holdings by picking up a commercial plot measuring 10.89 lakh square feet at Pune from Finolex Industries for ₹328.84 crore fully lounge-sum basis The property at Pimpri Waghere was acquired on the basis of a lease transfer agreement. Equally, ₹16.44 crore was paid as stamp duty for that transaction again highlighting the amount of money involved in these real estate deals.

In fact this year, the company grabbed headlines again by buying a 48 acre land in Hyderabad for ₹267 crores. The acquisition underscores Microsoft's growing strategic interest in boosting its data center capacity into key Indian regions. In fact, Microsoft already has a network of data centers in regions such as Pune, Mumbai and Chennai reflecting the tech giant's resolve to go deeper into its infrastructure play in India.

While the deal shows how Microsoft is pushing to bolt on more operational capacity within India — and particularly as demand for data, cloud services, SaaS offerings and other digital tools has gone through a ramp up in recent times. Microsoft's effort to focus on the Commercial Real Estate market in India is right in line with digital transformation, how it continues being a necessity and its nature of being data driven.

In fact, the Pune property market has been evolving to meet commercial demands and saw a year-on-year increase of 25% in registrations up until July 2024. According to the data released by Maharashtra government's department of registrations and stamps showed total of 13,314 properties were registered in June this year as against 10,614 during the same month a year ago. The rise in this direction is evidence of a market that remains very healthy and bears investment from giants.

In addition, Microsoft is not the only large transaction that has had Sizeable Impact in Pune market. Recently, Bengaluru-based real estate developer Prestige Estates — through its subsidiary has acquired a 4.57-acre land parcel in Pune for ₹200 crore showcasing the rising commercial real estate dynamics of the city

Microsoft's strategy is part of a broader shift in how the technology industry has been transforming itself over here as we continue to see more investments pouring into warehouses and other real estate for industrial and trading purposes. This underscores its continued investment towards India and what it claims is the use of talent pool built in the country % also due to strategic geography.

To sum up, with the land purchase in Pune Microsoft has made a clear indication they plan to be doing far more business outside of its office spaces and new research lab inside India. The focus on creating and enhancing a network of data centers indicates not some only tactical acumen but also is set to boost growth in the commercial real estate domain. Going forward, these will no doubt help redefine the India IT industry and take technology and logistics to newer heights.

For the future, this dynamic has all aspects of opportunities for businesses and investors within commercial real estate.