CapitaLand, one of Asia’s largest diversified real estate groups, has been busy growing its data center business in India with various facilities being developed in Chennai, Hyderabad, Navi Mumbai and Bangalore. Now, its Hyderabad 1 (ITPH) facility, has been awarded the TIA-942 RATED 3 Design Certification by Enterprise Products Integration Pvt Ltd (EPI).
Such certifications go a long way in assuring data center customers that their data will be housed in a facility meeting high industry standards. Earning this certificate puts this CapitaLand facility in the same league as facilities operated by Anant Raj Cloud Pvt Ltd, Digital Connexion (previously known as BAM Digital Realty), and a few others.
Surajit Chatterjee, MD, CapitaLand Data Centre, India, said, “Achieving the TIA-942 RATED 3 Design Certification represents a commitment to reliability and security for our clients. It confirms that our data centre is designed with redundancy and fault tolerance for all critical infrastructure, providing our clients continuous services and enhanced data security.”
CapitaLand currently has 26 data centers in Asia and Europe. It’s data center portfolio totals USD 6 billion in assets under management and over 500 MW of power. In India, it has four data centers in various stages of development in Bangalore, Chennai, Hyderabad and Navi Mumbai.
In Hyderabad, CapitaLand has ambitious plans. Earlier this year, it announced that it was building a new 40 MW data center that will come up in International Tech Park Hyderabad (ITPH) located in Madhapur in the heart of the city’s IT corridor. CLINT will invest in the complete redevelopment of ITPH, which is expected to be done in phases over 7–10 years. This will include creating office spaces for IT/ITES professionals. The data centre at ITPH will have a built-up area of 0.3 million sq ft. According to CapitaLand, the new data center’s technologically advanced specifications will allow it to serve international hyperscalers and large enterprises.
The company also has ambitious plans in Chennai where CapitaLand Data Centre Chennai 1, is under development on a 4 acres site in Ambattur. The site is in close proximity to cable landing stations. The location has reliable power supply and well-developed infrastructure. It has also recently announced that CapitaLand India Trust Management Pte. Ltd., the Trustee Manager of CapitaLand India Trust (“CLINT”) has completed the acquisition of Casa Grande – Phase 2 has completed the acquisition of two fully leased industrial facilities comprising 0.33 million square feet (sq ft) at Mahindra World City, Chennai. Of this, 0.31 million sq ft is leased to a leading international electronics manufacturer, while the remaining 0.02 million sq ft is leased to a global energy solutions provider.
This is the second forward purchase transaction that CLINT has entered with the Casa Grande Group. The first forward purchase transaction of a fully leased industrial facility (Casa Grande – Phase 1) was completed on 27 May 2022.
“This investment underscores CLINT’s further expansion of its portfolio to include high quality industrial and logistics assets. The facilities are strategically located in Mahindra World City, Chennai, an established industrial micro-market in Chennai which is occupied by leading blue-chip companies,” said Sanjeev Dasgupta, CEO of the Trustee-Manager. “Going forward, CLINT will continue to tap into the rising demand from international and regional firms that are increasingly expanding their manufacturing activities in India.”
