Digital Edge India said to have acquired more than 30 acres of land at Lodha Developers’ Green Integrated Data Centre Park in Palava, near Mumbai, according to The Economic Times.

The National Investment and Infrastructure Fund (NIIF)-backed company is understood to have paid around Rs 1,000 crore (US$105 million) for the site, the report said, citing people familiar with the matter.

The Singapore-headquartered data centre operator plans to develop the land into a 270MW hyperscale data centre campus. The transaction is one of the largest data centre land deals recorded in the Mumbai Metropolitan Region, according to people spoke to ET.

The planned campus would expand Digital Edge’s pipeline in India, where demand for cloud, AI and enterprise digital infrastructure continues to grow.

The Palava site will support Digital Edge’s second data centre campus in India.

Its first campus, at the former Mukand plant site in Airoli, Navi Mumbai, has one building completed and fully leased. A second building under construction has also been fully pre-leased, indicating continued demand from hyperscale cloud providers and large enterprise customers.

The Tech Capital has reached out to Digital Edge for comment.

The deal points to continued investment in India’s large-scale digital infrastructure, especially around Mumbai, the country’s largest data centre market. Mumbai is a preferred hyperscale location due to its subsea cable landings, enterprise demand and role as a financial and commercial centre.

Tata Communications recently expanded subsea cable capacity between India and Singapore to meet rising demand from cloud, AI and data centre customers. The investment will add capacity on the Mumbai–Singapore route and through a new Chennai–Singapore consortium cable, due for service in Q4 2029.

Digital Edge has also been raising capital to support its Asia Pacific expansion.

In May, the company closed a US$575 million holding company financing to fund campus growth in markets including South Korea, Japan, India and Southeast Asia.

That same month, Digital Edge and B.Grimm Power signed a US$880 million green loan for their 100MW BKK data centre campus in Chonburi, Thailand. The companies said it was the largest data centre project financing secured in Thailand.