Lumina Acquires 3.79 Acres in Chandivali for Rs 4.75 Billion

29 Sep 2025 CW Team

Blackstone-backed data centre developer Lumina CloudInfra Pvt Ltd has acquired two land parcels totalling 3.79 acres in Chandivali, Andheri East, Mumbai, for Rs 4.75 billion, according to property registration documents accessed by CRE Matrix.

The first parcel, measuring 2.04 acres, was acquired from Prasoon Spaces LLP for Rs 2.94 billion, attracting a stamp duty of Rs 176.4 million and a registration fee of Rs 30,000. The second adjoining parcel, 1.75 acres, was purchased from Chawla Brothers LLP for Rs 1.81 billion, with a stamp duty of Rs 108.6 million and a registration fee of Rs 30,000.

Together, the acquisitions give Lumina CloudInfra control over 3.79 acres in one of Mumbai’s key micro-markets. Chandivali, close to Powai and well connected via the Western and Eastern Express Highways, is a preferred destination for technology-led developments, commercial spaces, and mixed-use projects.

In recent years, other major data centre land deals in Chandivali include Equinix India’s November 2024 purchase of 1.38 acres for Rs 155 million and the sale of 2.39 acres in May 2025 by actor Jeetendra Kapoor’s family to NTT Global Data Centres for Rs 8.55 billion. These transactions underscore Chandivali’s growing prominence as a hub for data centre infrastructure in Mumbai.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..