Realty developer Anant Raj Ltd. has announced plans to invest ₹4,500 crore in Andhra Pradesh to establish new data centre facilities as part of its broader expansion strategy.
In a regulatory filing on Saturday, the company revealed that its subsidiary, Anant Raj Cloud Pvt Ltd (ARCPL), has signed an MoU with the Andhra Pradesh Economic Development Board (APEDB) to develop data center infrastructure along with an IT park in the state. Additionally, the investment will focus on data centre and cloud service development.
According to the company, the MoU aims to enable the creation of a data centre–IT park within a defined timeline.
“ARCPL will make a direct investment of approximately Rs 4,500 crore, to be executed in two phases,” Anant Raj said. The agreement outlines a phased investment approach for the development of the integrated facility.
The project will create around 8,500 direct jobs and 7,500 indirect jobs. APEDB will actively support the project’s execution by coordinating with central authorities, while limiting its role to promoting and enabling investments in the state.
Nara Lokesh, Andhra Pradesh’s Minister for Information Technology, Electronics & Communications, witnessed the formalization of the MoU on Friday.
This planned investment comes in addition to the company’s 307 MW of data centre capacity currently under development. At present, Anant Raj operates 28 MW of IT load at its Manesar and Panchkula campuses and is targeting a total capacity of 307 MW by 2031–32 across Manesar, Panchkula, and Rai in Haryana.
In June 2024, Anant Raj partnered with Orange Business, a French IT and telecom services company, to provide managed cloud services in India, further strengthening its technological capabilities.
The company also reiterated that it is on track to reach an installed IT load capacity of 117 MW by FY28. Established in 1969, Anant Raj has completed 9.96 million sq ft of residential and commercial development and owns nearly 320 acres of debt-free land in the Delhi-NCR region.
For the first half of FY26, Anant Raj reported ₹1,223.20 crore in revenue and ₹264.08 crore in profit after tax, further demonstrating its strong financial performance.
