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Blackstone-backed Lumina CloudInfra, the data centre arm, buys land parcels in Mumbai’s Chandivali for 475 crore

Mumbai real estate update: Blackstone-backed data centre developer Lumina CloudInfra Pvt Ltd has acquired two land parcels measuring 3.79 acres

Updated on: Sep 24, 2025, 09:00:47 IST
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Blackstone-backed data centre developer Lumina CloudInfra Pvt Ltd has acquired two land parcels measuring 3.79 acres in Mumbai's Chandivali area of Andheri East for 475 crore, according to property registration documents accessed by CRE Matrix.

Mumbai real estate update: Blackstone-backed data centre developer Lumina CloudInfra Pvt Ltd has acquired two land parcels for  ₹475 crore (Picture for representational purposes only) (Pixabay)
Mumbai real estate update: Blackstone-backed data centre developer Lumina CloudInfra Pvt Ltd has acquired two land parcels for ₹475 crore (Picture for representational purposes only) (Pixabay)

The two land deals were registered on September 19, 2025, and rank among the biggest land acquisitions in the Mumbai real estate market this year.

The first parcel, measuring 2.04 acres, was acquired from Prasoon Spaces LLP by Lumina CloudInfra for 294 crore. Property registration documents show that the transaction attracted a stamp duty of 17.64 crore and a registration fee of 30,000.

The second adjoining parcel, measuring 1.75 acres, was purchased by Lumina CloudInfra from Chawla Brothers LLP for 181 crore. The transaction attracted a stamp duty outgo of 10.86 crore along with a registration fee of 30,000, the documents showed.

Together, the two deals give Lumina CloudInfra control of 3.79 acres in Chandivali's key micro-market. Chandivali has emerged as one of Mumbai’s sought-after hubs for mixed-use and commercial development.

An email query sent to Blackstone-backed data centre developer Lumina CloudInfra Pvt Ltd did not receive a response. A response will be updated in the story. The sellers could not be reached for comment.

Also Read: ₹43.9 crore for over five years">Zomato leases 2.46 lakh sq ft warehouse in Bhiwandi near Mumbai for 43.9 crore for over five years

Similar data centre transactions

Veteran Bollywood actor Jeetendra Kapoor and his family, in May 2025, sold a land parcel in Mumbai's Andheri for 855 crore to NTT Global Data Centres. The property was sold through two family-owned firms, Pantheon Buildcon Private Limited and Tusshar Infra Developers Private Ltd, according to property registration documents reviewed by Square Yards.

The deal was registered on May 29, 2025, and involved the sale of two adjoining land parcels spread over 9,664.68 sq m (about 2.39 acres). The site currently houses Balaji IT Park and includes three buildings with a total built-up area of approximately 4.9 lakh sq ft, the documents showed.

Also Read: ₹855 crore to NTT Global Data Centers">Veteran Bollywood actor Jeetendra and family sell land parcel in Mumbai for 855 crore to NTT Global Data Centers

In November 2024, US-headquartered data centre firm Equinix India Pvt Ltd purchased 5,597 sq m (1.38 acres) of land in Mumbai's Chandivali area for 155 crore. According to the documents, the land parcel and the building, which has a built-up area of 5,386 sq m, were purchased.

Also Read: ₹155 crore">Equinix India buys 5597 sq m of land in Mumbai's Chandivali for 155 crore

The property's sellers were Overseas Packing Industries Pvt Ltd and Warden Hyforce Pvt Ltd. The transaction was registered on November 21, 2024.

 
Stay updated with the latest Real Estate News, property prices, housing trends and major projects. Explore market updates, investment insights and property developments across India.
Stay updated with the latest Real Estate News, property prices, housing trends and major projects. Explore market updates, investment insights and property developments across India.
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