Mumbai: Lodha Developers Ltd on Tuesday deepened its bet on India’s fast-growing digital infrastructure space, signing a fresh MoU with the Maharashtra government to invest an additional ₹1 lakh crore in data centres, just four months after committing ₹30,000 crore for a similar project in the state.
With the latest agreement, signed on January 19 on the sidelines of the World Economic Forum in Davos, the real estate major’s total planned investment in Maharashtra’s data centre ecosystem rises to ₹1.3 lakh crore, making it the largest such commitment in the country.
The proposed data centre park, with a planned capacity of around 2.5 gigawatts, is expected to house multiple global and domestic players and generate more than 16,000 direct and indirect jobs, according to the company.
The earlier ₹30,000-crore investment, announced in September 2025, was aligned with the state government’s Green Integrated Data Centre Park policy. The fresh ₹1 lakh crore commitment significantly expands the scale of the project and reinforces Maharashtra’s position as a key hub for data centre development in India.
Several large players have already moved in. Amazon has acquired land within the park and secured power arrangements for the next 15 years, while Singapore-based STT Global Data Centres has also bought a parcel, the company said.
Lodha, best known for its luxury residential and commercial developments, will act as the developer for multiple data centre operators, leveraging its construction and infrastructure expertise. The group has been scaling up its digital infrastructure business in recent years, alongside its core real estate portfolio.
“Over and above the ₹30,000 crore commitment last year, we have signed another agreement with the Government of Maharashtra to invest an additional ₹1 lakh crore,” said Abhishek Lodha, managing director and CEO of Lodha Developers, citing the state government’s policy support and long-term vision for infrastructure-led growth.
The move comes amid a surge in demand for data centres in India, driven by cloud adoption, artificial intelligence workloads and data localisation norms. Maharashtra, with its power availability, connectivity and policy incentives, has emerged as a preferred destination for hyperscalers and global data centre operators.
For Lodha, the expanded commitment underscores a strategic diversification beyond traditional real estate, as it seeks to build scale in digital infrastructure while partnering with global technology players.