The Chennai data centre will involve an outlay of Rs.2,000 crore,  Gauri Shankar Nagabhushanam, Chief Executive Officer, Business Parks-India, CapitaLand Investment India said. Chennai, Jan 9  IANS  Building two more data centres, developing logistics and warehouse facilities, expanding renewable energy generation and getting into lending business for residential property developers are the major plans for the Singapore-headquartered real estate group CapitaLand, said senior officials. CapitaLand has acquired necessary land in National Capital Region  NCR , Kolkata, Chennai, Bengaluru, Pune and Mumbai. The merger of HDFC and HDFC Bank  NS HDBK  is expected to result in reduction in lending quantum for the residential real estate developers and it is an opportunity for CapitaLand, said Sanjeev Dasgupta, CEO, CapitaLand Investment India. CapitaLand will be adding two more data centres   one each in Chennai and Bengaluru   while two data centres in Mumbai  90MW  and Hyderabad  40MW  are in advanced construction stages. With a 230 MW data centre under development, the CapitaLand group is also evaluating suitable land parcels in Delhi for a data centre.
CapitaLand plans to invest Rs.2,000 crore in a Chennai data center, adding to its existing data centers in Mumbai and Hyderabad. The company is also expanding into logistics, warehousing, renewable energy, and residential property lending.