Blackstone-backed Lumina buys 3.8 acre Mumbai land for Rs 475 cr to expand data centre play

Lumina CloudInfra, the data centre platform owned by private equity major Blackstone, has purchased two land parcels at Chandivali in Mumbai, measuring 3.8 acres, for a total of Rs 475 crore, according to registration documents accessed by real estate data analytics firm CRE Matrix.

The deals were registered on September 19. Lumina paid a stamp duty of around Rs 28.50 crore for the two transactions, made with two separate landlords, according to the registration documents.

This is slated to be Lumina's second site in the Mumbai market, with the firm working on building a data centre on a Navi Mumbai land parcel with a capacity of 180 megawatts (MW). Of that, 30 MW in capacity is ready for operations. The Chandivali site is expected to have a capacity of 60 MW.

Other than Mumbai, Lumina is planning to set up two data centres in southern India. The two sites are expected to have a total capacity of 240 MW, with the firm having another 120 MW in the pipeline for southern India. In total, Lumina may have an India capacity of 600 MW in the medium term.