STT Global buys 3.5 acres in Navi Mumbai for ₹282 crore
Representative image Data centre operator STT Global Data Centres India has acquired a 3.48-acre industrial property in Navi Mumbai’s Mahape locality for ₹282 crore, driven by sustained demand for well-located sites to support digital infrastructure development. The company’s India division purchased this asset from Repro India, a Mumbai-based printing, publishing, and book distribution firm. The transaction was formalized on May 22, with stamp duty amounting to ₹2.56 crore. The property, situated in the MIDC-developed TTC Industrial Area at Khairane, comprises 3.48 acres of land and an existing built-up structure of 73,496 sq ft, according to documents obtained from CRE Matrix,…