Google is reportedly close to acquiring land in Navi Mumbai, India, for its first self-built data center in the country.
Local press, including the Economic Times, reported that the search and cloud company is in advanced negotiations to purchase a 22.5-acre land parcel in Juinagar, Navi Mumbai. Google is said to be currently doing due diligence for the leasehold land parcel.
The land is owned by the Maharashtra Industrial Development Corporation (MIDC) and is currently leased to Gramercy Trade Industries (and previously to Herdillia Chemicals). It is reportedly valued at approximately Rs 850 crore ($102 million).
“The transaction is at an advanced stage and may get concluded anytime soon. The proposed captive data center may have a capacity of a couple of hundred megawatts given the large size of the land parcel,” an unnamed source told ET.
Google has previously inked deals to lease space at data centers in Navi Mumbai and Noida, this will be the first data center to be developed by the company in India. Google reportedly leased a data center from Adani in Noida in 2022.
Google currently operates two Indian GCP cloud regions in Mumbai and Delhi. Mumbai opened in 2017, with Delhi following in 2021.