DLF, a commercial real estate developer, has leased 3,60,000 sq ft at the upcoming Noida IT Park to Singapore-based ST Telemedia Global Data Centres (STT GDC). The company has committed to double the space at the same facility. Given the government guidelines on data storage, the demand for data centres will increase in coming years. The rental will be around Rs 60 per sq ft, including power backup charge. The IT Park is spread over 3.5 million sq ft and will take four to five years to complete. The space leased by ST Telemedia Global Data Centres will be ready earlier. It’s a built-to-suit model and ST Telemedia Global Data Centres will act as an anchor tenant with the option to take more space in future. DLF is the biggest office space operator in the NCR region having 19 million sq ft. This will be the largest data centre transaction in North India in recent years. Data centres in top eight cities occupy 7.5 million sq ft and an additional 10 million sq ft is likely to be added over the next two to three years. With 16 data centres across eight cities, ST Telemedia Global Data Centres has 33 per cent market share in India’s data centre market. Knight Frank India is acting as transaction advisor for the project.
Arizton’s recent market research report on Asia Pacific data center market provides comprehensive industry analysis, trend forecasts, and competitive analysis.
According to reports, the Ministry of Electronics and Information Technology (MeitY) may soon establish a national policy framework for
data centres across the country to meet the demands of the digital needs of companies.
Our EHS values reflect the principles and culture that we aim to achieve in the EHS space. As we continue with our growth pace by expanding into new locations in India, STT GDC India is prepared to rise to the challenges of accomplishing consistent, exemplary performance in all Environmental, Health and Safety (EHS) matters.
Data centres and carrier neutral colocation facilities in the Asia Pacific region need to utilize a minimum of four undersea cables on each global route to offer the needed reliability and availability to client organizations, states an industry study.
Karnataka, home to Bengaluru, is a state famed for its technological prowess. Noted engineer Sir M Visvesvaraya laid the foundations for the state’s technical development.