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.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..