Latest news with #ColliersIndia
Time of India
a day ago
- Business
- Time of India
Real Estate players eye edge Data Centers; infra-ready tier 2 cities gains traction
NEW DELHI: The emergence of edge data centers 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.
Time of India
2 days ago
- Business
- Time of India
Real estate players eye edge data centres; infra-ready tier 2 Cities gains traction
New Delhi: 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 $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.
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Business Standard
5 days ago
- Business
- Business Standard
Indian outbound travel fuels hospitality sector in APAC locations: Colliers
India is rapidly emerging as a central force in the Asia Pacific hospitality sector, according to Colliers' latest report, Asia Pacific Hospitality Insights May 2025. The country is driving both resilient domestic growth and acting as a significant catalyst for outbound travel to key regional destinations. 'India is driving a structural shift in Asia Pacific's hospitality landscape, fuelling resilient domestic growth while emerging as a powerful outbound force,' said Nikhil Shah, managing director, Hospitality & Alternatives, Colliers India. He emphasised the strong demand across luxury, lifestyle and MICE segments, coupled with rising investor confidence in experience-led assets, making India central to regional tourism flows and sustaining premium pricing. While overall Asia Pacific hospitality investment volumes saw a 19 per cent dip in Q1 2025, India's unique position is reshaping the landscape and sustaining robust valuations. The report highlights that the steady momentum from 2024 has continued into 2025 for the Asia Pacific hospitality sector, shifting towards performance-led growth. But India stands out. A key development is the burgeoning Indian outbound travel market, which is increasingly fuelling the hospitality sector in destinations such as Thailand, Vietnam and South Korea. With growing disposable incomes and a strong appetite for experience-led travel, Indian tourists are becoming a dependable, year-round source of demand, contributing to strong room rates and marking a structural change in regional hospitality dynamics. Domestically, the outlook for the Indian hospitality sector remains robust, with Tier II cities poised to become significant contributors to future expansion. Spiritual tourism, in particular, is emerging as a crucial driver of inbound travel within India. Towns such as Ayodhya, Dwarka, Puri, Shirdi, Tirupati and Varanasi are set to unlock new investment avenues and fuel long-term growth, backed by focused government policy support and rapid infrastructure development. Despite limited liquidity in the broader investment market, robust valuations persist in India, driven by long-term conviction in the sector's future rather than solely cap rate-based transactions. Across the Asia Pacific, hotel performance remained resilient in Q1 2025, supporting ongoing deal activities. Revenue per Available Room (RevPAR) across the region saw a 2.1 per cent year-on-year increase — a significant improvement from the modest 0.4 per cent growth between 2023 and 2024 — primarily driven by Average Daily Room Rate (ADR) growth and higher occupancy rates. New Delhi and Mumbai were among the top performers in the region for ADR growth, alongside Phuket, Tokyo and Osaka, reflecting strong domestic demand, international travel surges and effective market positioning. Govinda Singh, Colliers' executive director, APAC Capital Markets, Hotels & Hospitality and Advisory, acknowledged the traditionally slow first quarter for transactions and the cautious 'wait-and-watch' approach due to geopolitical uncertainty. However, he anticipated a pickup in activity as the year progresses, with investors shifting towards value-add strategies focused on cash flow and income growth.
Time of India
6 days ago
- Business
- Time of India
India's data centre capacity set to surpass 4,500 MW by 2030, backed by $25 bn investments
India's data centre market has entered a transformative phase, with hyperscale expansion across metros and Tier II/III cities alike. Mumbai and Chennai remain the dominant hubs, jointly accounting for nearly two-thirds of total capacity. Mumbai leads with 41%, followed by Chennai at 23% and Delhi NCR at 14%. Together, the 7 major cities have driven a 3X increase in the DC real estate footprint over the last 6–7 Colliers report titled 'The Digital Backbone: Data Centre Growth Prospects in India' forecasts that DC capacity will exceed 4,500 MW by 2030, propelled by demand from cloud players, AI workloads, and edge computing. This expansion will increase the sector's physical footprint to approximately 55 million sq ft. 'India's strategic advantages such as availability of land parcels, power supply for usage and availability of skilled talent, reinforces its position as one of the preferred destinations for data centers in the APAC region. Interestingly, the market is expanding beyond large-scale colocation facilities and hyperscalers to edge data centers 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 has seen 859 MW of new DC supply between 2020 and April 2025, with Mumbai alone accounting for 44% of this growth. Chennai and Delhi NCR followed, contributing another 42% collectively. Looking ahead, from 2025 to 2030, primary DC markets are expected to see between 3,000–3,700 MW in fresh capacity. Mumbai and Hyderabad are each projected to add 1,000–1,200 MW, making Hyderabad an emerging hub alongside traditional markets. Pune and Chennai are also poised for rapid growth with 300–350 MW and 400–450 MW respectively. Several large-scale data centre announcements underscore the growing investor confidence in India's digital infrastructure. Around $14.7 billion has already been invested in the sector since 2020, with another $ 20–25 billion expected to flow in by 2030. Some of the large investments includes, AdaniConneX is developing a 100 MW campus in Chennai and a 50 MW facility in Noida, with further expansions planned across Tier II cities. This was followed by Yotta Infrastructure has committed over ₹39,000 crore towards hyperscale campuses, including the operational Yotta D1 in Greater Noida. Additionally, CapitaLand Investment announced in April 2025 its second Navi Mumbai data centre with a ₹1,940 crore investment and STT GDC India and NTT Global are building new hyperscale facilities in Chennai, Pune, Bengaluru, and Hyderabad. The trend toward large hyperscale facilities is also accelerating. Data centres exceeding 20 MW accounted for 56% of the capacity in April 2025, up from 42% in 2020. By 2030, DCs above 50 MW are projected to form nearly two-thirds of total inventory. Mumbai continues to lead in the 21–50 MW category, while Chennai dominated the over 50 MW completions in recent years. This shift reflects growing demand for high-density racks and AI-ready infrastructure. Green-certified data centres currently comprise about 25% of the market, and this is expected to increase to 30–40% by 2030. Developers are prioritising energy-efficient cooling, renewable energy integration, and sustainable construction. 'India's DC market is maturing quickly, driven by strong demand and policy support. With rising adoption of AI and high-performance computing, demand for high-density infrastructure will grow rapidly. Sustainability will also be a key theme as operators embrace green building practices,' said Vimal Nadar, National Director & Head of Research, Colliers India. As India positions itself as a leading data infrastructure hub in the APAC region, the country's data centre sector is set to be the backbone of its digital economy—attracting global capital, enabling cloud transformation, and powering the next wave of innovation.
Time of India
7 days ago
- Business
- Time of India
India's data centre capacity to cross 4,500 MW by 2030 with $20-25 bn investments
India's data centre (DC) market capacity across top seven cities is expected to cross 4,500 MW by 2030, attracting investments to the tune of $20-25 billion the next 5-6 years, a report showed on Wednesday. This is likely to translate into real estate footprint of around 55 million square feet in the next 5-6 years, according to the report by Colliers. DC capacity has grown over 4 times times in the last 6-7 years and stands at 1,263 MW (as of April). This growth is driven by the surge in demand for digital and cloud services, increasing adoption of artificial intelligence (AI) and Internet of Things (IoT), and higher internet penetration, supported by favourable government policies. At the city level, Mumbai continued to account for majority of the DC capacity with 41 per cent share, followed by Chennai and Delhi-NCR at 23 per cent and 14 per cent, respectively. This rapid expansion in capacity has resulted in over 3X times increase in real estate footprint over the last 6-7 years, across top seven DC markets of the country, taking it to 16 million square feet, the report mentioned. "India is becoming a global DC hotspot, fuelled by rapid digitalisation, data localisation norms and strong government support," said Jatin Shah, Chief Operating Officer, Colliers India. Undoubtedly, India's strategic advantages such as availability of land parcels, power supply for usage and availability of skilled talent, reinforces its position as one of the preferred destination for data centres in the APAC region. "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 Shah. 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. In the next 5-6 years too, majority of the primary DC markets are set to witness significant influx of new supply. Hyderabad, specifically, is likely to see significant traction and emerge as a major hub, in addition to cities such as Mumbai, Chennai and Delhi-NCR.
