Amazon Data Services acquires Kalpataru’s 54-acre plot in Thane for Rs 1,870 crore

Amazon Data Services India has acquired a 54-acre parcel in Thane, near Mumbai, from real estate developer Kalpataru Group for over Rs 1,870 crore in one of the largest outright land purchases this year, said two people with direct knowledge of the development.

Amazon has paid a record stamp duty of Rs 130 crore—the most for a single deal—for the registration that took place on October 21.