CapitaLand India Trust (CLINT) will invest Rs 6,200 crore in Hyderabad to expand its facility and to build a data centre with a built-up space of 2.5 lakh sq ft.

CapitaLand India Trust Management, the trustee-manager of CLINT, has signed a memorandum with the Telangana government.

CapitaLand will invest Rs 6,200 crore over the next 5-7 years, that will include two components. They will spend Rs 5,000 crore on doubling its office space during the period.

The data centre will come up at CLINT’s International Tech Park Hyderabad (ITPH) at the IT hub of Madhapur with an investment of Rs 1,200 crore.

This will be CapitaLand’s second data centre project in India. In 2021, CapitaLand entered the Indian data centre market by acquiring a data centre in Navi Mumbai.

CLINT owns and manages three business parks in Hyderabad – ITPH, CyberPearl and aVance – aggregating to 3.8 million sq ft.