Microsoft has acquired 48 acres of land in Hyderabad, India, for Rs 267 crore ($32m).

First reported in the Economic Times (ET), Microsoft purchased the property, located in Ranga Reddy district, from Sai Balaji Developers.

Microsoft is reportedly buying up land in Hyderabad – Getty Images

According to an unnamed source, the property is located approximately 40km from the main city of Hyderabad.

The specific location has not been disclosed, nor have other details of the purchase.

The source also told the ET that Microsoft has also acquired two more land parcels in Hyderabad to form a data center region.

Microsoft declined to comment to the publication.

The tech giant currently has data center regions in Pune, Mumbai, and Chennai in India. It also operates an India Development Center in Hyderabad, responsible for developing Microsoft’s Azure, Windows, Office, and Bing offerings in India.

The company has also committed to investing in Indonesia, Malaysia, Thailand, and Japan in the last few months, and has invested $1.5 billion in UAE-based AI firm G42.

STT GDC, Iron Mountain, AWS, CtrlS, and Tata also operate data centers around Hyderabad.