Data centre industry to boost realty demand

The rising use of digital technology, the migration of IT infrastructure to third-party providers, and the growing usage of data from new and existing channels will result in the addition of 678 MW to the digital transformation industry between 2023 and 2025.

This expansion is expected to drive a demand for 9.1 million sq ft of real estate space, requiring a total investment of $4.8 billion in both the data centre infrastructure and real estate of the data centre sector, showed a JLL India study.