India, Sept. 24 -- Lumina Cloudinfra, a data centre company in Navi Mumbai, recently purchased two land parcels in Chandivali for a total of Rs.475 crore, with per square foot costing approximately Rs.11.64 lakh.

According to transaction documents sourced via real estate analytics firm CRE Matrix, the firm acquired a 2.04-acre plot from Prasoon Spaces for Rs.294 crore and a 1.75-acre plot from Chawla Brothers for Rs.181 crore. Together, the sites measure 4,080 sq ft. Excluding stamp duty and registration fees, the deal values the land at Rs.11,64,216 lakh per square foot. Both transactions were registered on September 19, with Rs.28.5 crore paid in stamp duty.

Lumina Cloudinfra is backed by U.S.-based alternative investment major Blacks...