Brookfield Infrastructure has acquired a 30-acre land parcel in Navi Mumbai for Rs 600 crore ($81m).
The Business Standard reports that the company bought the land from real estate developer K Raheja Corp, and plans to build a data center on the site.
In July, Brookfield formed a joint venture with Digital Realty to build and operate data centers in India.
Operating under the brand name BAM Digital Realty, the 50:50 venture is targeting "multiple Indian metros" over the coming years.
“India is a rapidly emerging data center market and offers a bright future, with accelerating adoption of digital business models among a population that recognizes the role of technology for future economic development,” Digital Realty CEO A. William Stein said at the time.
“We look forward to building upon our successful partnership with Brookfield by entering the Indian data center market together and extending opportunities for digital transformation.”
The Indian data center market is expanding rapidly. This year alone, CapitaLand, NTT, STT GDC, Iron Mountain, EdgeConneX, PDG, Hiranandani Group, Rackbank, and Reliance Jio have all made announcements around hyperscale facility build-outs.