{"id":1102,"date":"2025-09-24T11:16:34","date_gmt":"2025-09-24T05:46:34","guid":{"rendered":"https:\/\/www.crematrix.com\/blog\/?p=1102"},"modified":"2026-02-06T11:19:25","modified_gmt":"2026-02-06T05:49:25","slug":"lumina-cloudinfra-acquires-prime-chandivali-land-in-%e2%82%b9475-crore-deal","status":"publish","type":"post","link":"https:\/\/www.crematrix.com\/blog\/lumina-cloudinfra-acquires-prime-chandivali-land-in-%e2%82%b9475-crore-deal\/","title":{"rendered":"Lumina CloudInfra Acquires Prime Chandivali Land in \u20b9475 Crore Deal"},"content":{"rendered":"\n

In one of the largest recent land transactions in Mumbai\u2019s eastern suburbs, Lumina CloudInfra Pvt Ltd, backed by global investment giant Blackstone, has acquired two prime land parcels in Chandivali, Andheri East, for a combined \u20b9475 crore. According to documents accessed by CRE Matrix<\/a>, the company purchased 2.04 acres from Prasoon Spaces LLP for \u20b9294 crore, with stamp duty of \u20b917.64 crore, and 1.75 acres from Chawla Brothers LLP for \u20b9181 crore, with stamp duty of \u20b910.86 crore. Both transactions were registered on September 19, 2025.<\/p>\n\n\n\n

The combined 3.79-acre parcel is strategically located in Chandivali, a well-established residential-commercial hub near Powai, Saki Naka, and key arterial roads in Andheri East. The area has seen growing demand for residential townships, IT\/ITES campuses, and data center developments, making it an attractive acquisition for infrastructure-focused investors.<\/p>\n\n\n\n

Lumina CloudInfra, a data center platform owned and managed by Blackstone\u2019s Real Estate and Tactical Opportunities funds, had announced in November 2023 plans to invest over $300 million (around \u20b92,500 crore) to develop a hyperscale data center campus in Navi Mumbai\u2019s Airoli locality. The Chandivali acquisition aligns with Blackstone\u2019s India strategy of expanding its portfolio in high-demand, infrastructure-backed assets, particularly in residential, commercial, and tech-driven developments.<\/p>\n\n\n\n

As Mumbai\u2019s eastern corridor continues to evolve as a hub for IT, residential, and data infrastructure, this acquisition underscores the growing interest of global investors in strategically located land parcels with strong long-term growth potential.<\/p>\n\n\n\n

Recent Transactions<\/strong><\/p>\n\n\n\n

Recent land transactions in Mumbai signal strong investor confidence, with major deals in key suburban hubs reflecting rising demand for strategically located parcels for commercial developments.<\/p>\n\n\n\n

In a recent transaction, the Reserve Bank of India (RBI) acquired a 4.61-acre land parcel<\/a> at the prestigious Nariman Point in South Mumbai for \u20b93,472 crore. In another transaction, the Adani Group acquired a premium land parcel spanning more than 1.1 acres<\/a> in South Mumbai\u2019s Carmichael Road. <\/p>\n\n\n\n

Elevate your decisions in real estate as a developer or broker with CRE Matrix\u2018s data-driven insights. Book a demo now<\/a>!<\/p>\n\n\n\n

Media Mentions<\/em><\/strong><\/p>\n\n\n\n