Acquiring land to set up data centres near the upcoming international airport at Jewar has become cheaper with the local authorities adopting the Uttar Pradesh government’s data centre policy.Noida, Greater Noida and the Yamuna ExpresswayAuthority hold land banks near the upcoming airport.. According to the policy, any company investing over Rs 200 crore in data centres will be eligible for relaxation in stamp duty, electricity charges and building by-laws. “UP has emerged as a data centre hub not only of NCR but of India,” said Vibhor Jain, managing director-north India at Cushman & Wakefield. “We have recently seen 4-5 transactions and many others are in talks. Favourable policy by the UP government has helped companies to consider Noida as a preferred destination for data centres and with airport and many infrastructure projects in the pipeline, we will see more companies signing deals.” The state government aims to attract Rs 20,000 crore of investment and establish three data ...
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