Hiranandani group to invest Rs 8,500 crore in 3 years to build data centres, industrial parks

Hiranandani group, one of the country’s leading realty firms, will invest around Rs 8,500 crore over the next three years to develop data centres and industrial parks across various cities as it is bullish on growth prospects in these two verticals, a top company official has said.

In an interview with PTI, Mumbai-based Hiranandani group founder and chairman Niranjan Hiranandani said the real estate market has recovered quite a lot after the severe impact on sales during the April-June quarter because of the lockdown in view of the COVID-19 pandemic.