Microsoft makes big move, acquires huge tract of land in Maharashtra for Rs…

Microsoft news: American technology giant Microsoft has made a prime real estate investment. Per the documents accessed by the Square Yards, the company has invested with regards to Rs. 519.seventy two crore on land parcels spread across a local of Sixteen.four acres in Pune’s Hinjewadi. The tech giant, in as much as the moment years, has invested big in India’s commercial real estate sector. The corporate has built data centers, development centers, and versatile place of job spaces.

The corporate’s Indian arm, Microsoft Corporation (India) Private Limited, acquired sixty six,414.5 square meters (~Sixteen.four acres) of prime land in Pune’s Hinjewadi in four separate deals.

As per the sale deed documents, the transactions, registered in August 2024, involved the acquisition of land from Indo Global Infotech City LLP. The deal incurred a stamp duty of Rs. 31.18 crore and a registration fee of Rs. 30,000.

An email has been sent to the company. The story will likely be updated once a response is received.

Other real estate deals

Microsoft Corporation (India), in 2022, expanded its footprint in Pune when it acquied a ten.89-acre commercial plot within the Pimpri Waghere area from Finolex Industries. Per the reports, the acquisition involved the transfer of leasehold rights and, valued at Rs 328.eighty four crore. Microsoft consequently paid a stamp duty of Rs Sixteen.forty four crore to finalize the transaction.

Earlier this year, Microsoft secured forty eight acres of land in Hyderabad for Rs. 267 crore.

Tech giant Microsoft Corporation (India) Pvt Ltd has bought a forty eight acre land parcel in Hyderabad for ₹267 crore, documents showed. In 2022, Microsoft acquired three land parcels in Hyderabad for around ₹275 crore to examine a data center, in step with media reports.