Microsoft, one of the largest tech companies in the world, has made its biggest purchase in India. According to the report, the tech giant has spent Rs 520 crore. Microsoft had made purchases worth Rs 267 crore in India at the beginning of the year. While in the year 2022, purchases worth more than Rs 300 crore were also made. Microsoft has now made purchases worth approximately Rs 850 crore in Pune. Let us also tell you what kind of purchases Microsoft, one of the largest tech companies in the world, has made. Shall we tell you about it too?
where are your purchases
According to real estate consultancy Square Yards, global tech giant Microsoft has purchased 16.4 acres of land in Pune for Rs 520 crore. As per registration documents reviewed by Square Yards, Microsoft’s Indian arm, Microsoft Corporation (India) Private Limited, has acquired 66,414.5 square metres (approximately 16.4 acres) of land in Hinjewadi, Pune, the consultancy said in a statement. This land was purchased in August 2024, Microsoft purchased this land from Indo Global Infotech City LLP. It said that a stamp duty of Rs 31.18 crore and a registration fee of Rs 30,000 were levied on this deal. Microsoft has not made any statement regarding this deal.
The company has already purchased land.
In 2022, the company also acquired a 25-acre plot in Pimpri-Chinchwad, Maharashtra for Rs 328 crore. Earlier this year, Microsoft had acquired 48 acres of land in Hyderabad for Rs 267 crore. Both the deals are part of Microsoft’s broader strategy to expand its presence in India. The company wants to scale up its data centre in India. The company’s data centre network already includes locations in Pune, Mumbai and Chennai, strengthening its presence in key markets.
