Microsoft India has recently made a significant industrial investment by purchasing a 25-acre land parcel in Mekaguda, near Hyderabad, for ₹181.25 crore. The acquisition was made from Natco Pharma Limited and Time Cap Pharma Labs Pvt Ltd, as confirmed by property registration documents accessed by Propstack. This latest land purchase marks another step in the company’s ongoing expansion efforts in India, underscoring its commitment to boosting its industrial presence in the country.
Microsoft’s Strategic Land Purchase: Enhancing Industrial Footprint
The land deal, completed on September 11, 2024, involved a stamp duty of ₹9.96 crore, along with a registration fee of ₹3.62 crore, and additional charges totaling over ₹18 lakh. This acquisition further strengthens Microsoft India’s strategic expansion into key industrial regions. Although efforts to reach out to Microsoft India, Natco Pharma Ltd, and Time Cap Pharma Labs Pvt Ltd for comments on the transaction were unsuccessful, the growing trend of land acquisitions by the tech giant has been noteworthy.
Microsoft India’s Expanding Land Portfolio: A Closer Look at Recent Acquisitions
Microsoft Corporation India has been actively pursuing land acquisitions across the country, particularly in major industrial hubs. Just this year, the company made headlines by purchasing land in Pune. In August 2024, Microsoft bought 16 acres of land from Viva Highways for ₹453 crore. Additionally, in 2022, the company acquired a commercial plot of 10.89 lakh square feet in Pune for ₹328.84 crore, demonstrating its increasing industrial footprint in India.
These acquisitions are part of Microsoft’s broader strategy to expand its infrastructure and technological investments across India, supporting the company’s growing operations in the country’s burgeoning IT and industrial sectors.
Land Deal Activity in India: A Surge in Industrial Investments
According to a recent report by property consultancy CBRE, over 100 land deals, totaling approximately 1,700 acres, were completed across six major cities in India between January and September 2024. The report highlighted a significant 65% year-on-year increase in land deal volume, reflecting a strong surge in industrial investment activity.
Among these, the Delhi-NCR region led in land deal activity, with Gurgaon accounting for the largest share. The ongoing boom in industrial land acquisitions is not only bolstering local economies but also enhancing the infrastructure needed for the next generation of technological and industrial developments.
Conclusion: Microsoft’s Growing Industrial Footprint in India
Microsoft India’s recent land acquisition near Hyderabad is a key example of the company’s strategy to solidify its industrial presence in India. By investing in land across major hubs such as Pune and Hyderabad, Microsoft is positioning itself for long-term growth in India’s thriving tech and industrial sectors. As the demand for industrial land continues to rise, it is clear that Microsoft is prepared to capitalize on India’s expanding market, paving the way for future technological advancements and job creation.
This surge in industrial land deals highlights a broader trend of increased corporate investment across India, with major players like Microsoft leading the way. These strategic land acquisitions play a crucial role in shaping the future of India’s industrial landscape, as tech giants and other companies position themselves to meet the demands of an increasingly digital and industrialized economy.
