Real estate players eye Edge Data centres; infra-ready Tier 2 Cities gains traction
New Delhi [India], June 1 (ANI): The emergence of edge data centres has attracted real estate players due to the need for lower latency, real-time analysis, enhanced app performance, and business agility.
By definition, Edge Data Centers are small, localised data processing facilities situated close to devices and end users. These centers help in enhancing performance and efficiency for real-time applications.
Executives of real estate firms say that emerging hubs like Faridabad among many tier 2 cities are gaining attention for their strategic connectivity and infrastructure readiness.
At the same time, Tier 2 cities with abundant and affordable land are being eyed for new developments, particularly for edge data centres where proximity to local users is critical, executives say.
'The growing investment in data centres--projected at USD 20-25 billion by 2030--is a clear sign of how digital infrastructure is becoming more central to India's growth story. This shift is gradually reshaping real estate priorities as well,' Uddhav Poddar, CMD of Bhumika Group, said.'Emerging hubs like Faridabad are gaining attention for their strategic connectivity and infrastructure readiness,' he added.
He further elaborates that developers must now focus on 'power availability, connectivity, and compliance with technical requirements that go beyond traditional commercial or industrial spaces'. This means that real estate development for data centres requires a unique blend of technical expertise and strategic location planning.
According to a report by real estate and investment firm Colliers, while hyperscale data centres have dominated the narrative so far, the evolution of edge data centres is on the rise.
A hyperscale data center is a very large facility designed to handle massive amounts of data, compute, and storage needs, typically used by large internet companies and cloud service providers.
'Interestingly, the market is expanding beyond large-scale colocation facilities and hyperscalers to edge data centres driven by increasing need for lower latency, real-time analysis, enhanced app performance, and business agility,' said Jatin Shah, Chief Operating Officer, Colliers India.
India's DC capacity has grown over 4X times in the last 6-7 years and stands at 1,263 MW as of April 2025 and is expected to cross 4,500 MW by 2030 with USD 20-25 billion, the Colliers report added.
On the supply front, India has witnessed 859 MW of capacity addition across the top seven primary DC markets since the beginning of 2020. In terms of geographical spread, 44 per cent of the new supply since 2020 was concentrated in Mumbai. This was followed by Chennai and Delhi NCR, which together accounted for 42 per cent of the capacity addition since 2020. (ANI)
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
an hour ago
- Time of India
Rate-cut boost: Rupee jumps 11 paise to 85.68 against dollar; market rally and CRR cut lift sentiment
The rupee appreciated by 11 paise to close at 85.68 against the US dollar on Friday, reversing early losses after the Reserve Bank of India (RBI) delivered a surprise 50 basis point repo rate cut and announced a phased 100 basis point reduction in the cash reserve ratio (CRR). The local unit opened weak at 85.91, down 12 paise from the previous close of 85.79. But sentiment turned sharply positive after the RBI's unexpected rate action, which supported growth prospects and lifted domestic equities. The rupee touched an intra-day high of 85.66 and a low of 86 before settling higher, PTI reported. "The rupee led the pack among Asian currencies, buoyed by the RBI's surprise 50 basis point rate cut. This decisive, growth-driven policy move provided a significant boost to the local currency and fuelled optimism among domestic equity investors," said Dilip Parmar, Senior Research Analyst at HDFC Securities. At the policy briefing, RBI Governor Sanjay Malhotra said the decision to move to a 'neutral' stance from 'accommodative' reflected a data-dependent outlook going forward. He added that the economy remained resilient, with foreign reserves strong enough to fund 11 months of imports and cover 96% of external debt. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Mistura chinesa faz cabelo crescer e homem fica irreconhecível Resultados em 30 dias Undo The surprise CRR cut is expected to inject additional liquidity into the banking system, lowering borrowing costs and aiding credit transmission. Anurag Mittal, Head of Fixed Income at UTI AMC, called the move "pre-emptive and precise," noting that the central bank's intent to fast-track transmission was clear despite existing surplus liquidity. The RBI retained its GDP growth forecast for FY25 at 6.5%. Despite the rate-induced rally, analysts warned of external risks. A rising dollar index, up 0.25% to 98.98, and weakening Asian currencies could limit further gains for the rupee. Brent crude futures slipped 0.26% to $65.17 per barrel. 'Any further rate cut by the RBI may also pressurise the rupee. However, a positive tone in the domestic markets may support the domestic currency at lower levels,' said Anuj Choudhary, Research Analyst at Mirae Asset Sharekhan. He expects the USD-INR pair to trade between 85.40 and 86.25 in the near term. Equity markets reflected the upbeat sentiment. The Sensex closed 747 points higher at 82,189, while the Nifty crossed the 25,000-mark to end at 25,003, up 252 points. Foreign institutional investors were net buyers, purchasing equities worth Rs 1,009.71 crore, exchange data showed. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
India Gazette
2 hours ago
- India Gazette
India's forex reserves decline $1.2 billion to $691.5 in week ending May 30
Mumbai (Maharashtra) [India], June 6 (ANI): India's foreign exchange reserves (forex) slumped USD 1.237 billion to USD 691.485 billion in the week ending May 30, official data released by the Reserve Bank of India showed on Friday. RBI Governor Sanjay Malhotra said the foreign exchange kitty is sufficient to meet 11 months of the country's imports and about 96 per cent of external debt, announcing the outcome of the Monetary Policy Committee (MPC) decisions earlier today. The RBI governor added, 'Overall, India's external sector remains resilient as key external sector vulnerability indicators continue to improve. We remain confident of meeting our external financing requirements.' Despite the marginal weekly decline, the forex kitty is close to its all-time high of USD 704.89 billion in September 2024. The latest RBI data showed that India's foreign currency assets (FCA), the largest component of foreign exchange reserves, stood at USD 584.215 billion. According to RBI data, the gold reserves currently amount to USD 84.305 billion. Central banks worldwide increasingly accumulate safe-haven gold in their foreign exchange reserves kitty, and India is no exception. The share of gold maintained by the Reserve Bank of India (RBI) in its foreign exchange reserves has almost doubled since 2021. In 2023, India added around USD 58 billion to its foreign exchange reserves, contrasting with a cumulative decline of USD 71 billion in 2022. In 2024, the reserves rose by a little over USD 20 billion. Foreign exchange reserves, or FX reserves, are assets held by a nation's central bank or monetary authority, primarily in reserve currencies such as the US Dollar, with smaller portions in the Euro, Japanese Yen, and Pound Sterling. The RBI often intervenes by managing liquidity, including selling dollars, to prevent steep Rupee depreciation. The RBI strategically buys dollars when the Rupee is strong and sells when it weakens. (ANI)
India Gazette
2 hours ago
- India Gazette
Runway upgrade at Delhi airport to disrupt 100 flights; 57 cancelled, 43 rescheduled
New Delhi [India], June 6 (ANI): Delhi International Airport Limited (DIAL) CEO Videh Kumar Jaipuriar on Friday announced that Delhi Airport will temporarily shut Runway 10/28 for a three-month period to carry out critical upgrades aimed at improving fog-time operations. This will impact around 100 flights in all. Speaking to ANI, CEO of Delhi International Airport Limited (DIAL), Videh Kumar Jaipuriar, said, 'Out of the four runways that the Delhi airport has, there is one runway 10/28 that we are planning to shut down for three months because there are upgrades that are required.' As part of the degradation, DIAL will update the current ILS (Instrument Landing System), which is already out of order. DIAL will also make the runway CAT III-B compliant. CAT III-B is an advanced landing system that allows aircraft to land in extremely low visibility conditions. Due to the degradation activity undertaken by the DIAL, 100 flights are going to be affected overall, out of which over 43 flights are going to be rescheduled. 'The new schedule has already been published, and 57 departure flights are going to be cancelled. If you put it in the perspective of the percentage, then overall, for Delhi airport, about 7 per cent of the Delhi airport capacity flights will be cancelled,' said the DIAL CEO. 'We also ensure that the cancellations are not something that is impacting in a big way. So, in most of the sectors where we had multiple connectivity, their 8-9 per cent of the connectivity was reduced so that overall that sector does not get impacted badly,' he added. Global credit rating firm Fitch Ratings in April the current year upgraded Delhi International Airport Limited to BB+, kipping the outlook as stable. In its commentary, the rating firm said that the improvement in the financial profile is likely to be materially higher than its previous expectations. DIAL benefits from a stable regulatory regime with revenue and capex determined by the Airports Economic Regulatory Authority of India (AERA). The company also benefits from its position as India's largest airport by passenger traffic and the gateway to the national capital region with a catchment population of over 30 million, supporting strong long-term growth prospects despite some competition from the proposed opening of Noida International Airport in the financial year 2026. (ANI)
