Per Woofun AI, India's diversified real estate and investment firm RMZ Group has unveiled a $35 billion capital allocation strategy aimed at scaling its data center footprint. The Bangalore-headquartered entity intends to expand its operational capacity from the current 250 megawatts to a target range of 2 to 3 gigawatts within a five-year horizon.

Deepak Chhabria, President of RMZ's Infrastructure division, disclosed that the company is engaged in final-stage negotiations for three distinct data center projects. Upon completion, these facilities will elevate total capacity beyond 1 gigawatt.

Concurrently, RMZ plans to secure land acquisitions by year-end capable of supporting an additional 2 gigawatts of future data center infrastructure.