NTT inks pact with Prestige to develop Bengluru data centre

NTT has entered into an agreement with Prestige group to develop a 100mw data centre in Bangalore with a million sq feet gross leasable area (GLA) of buildings over three phases , marking Prestige Groups foray in the data center business in India. The total value of the transaction including land and infrastructure development cost is Rs 700 crore. “The deal includes a total development of around 1 million Sqft to be developed in three phases with the first building expected to be delivered in 12 months. Prestige will construct three DC buildings of 350, 000 sqft for NTT, according to the registered document.