Real estate demand for data centres set to rise by 15-18 million sq ft by 2025, says report

Real estate demand for data centres is set to increase by 15-18 million sq ft in the next 4 to 5 years across major Indian cities, as data centre demand is expected to touch over 2500 MW (Megawatt) across the country with the adoption of 5G, Internet of Things (IoT), Artificial Intelligence (AI), increasing use of cloud services and in smart cities, said a Savills India’s report.

Data Centers have been one of the real estate asset classes that has emerged as the least affected due to Covid-19 related crisis across the globe including in India, indicating their crucial role in supporting continued business activity. Indian data centre market is likely to exhibit a higher growth rate than the world average, the report said.