Blackstone-Backed Lumina CloudInfra Buys Chandivali Land for ₹475 Crore

In a major real estate transaction, Lumina CloudInfra Pvt Ltd, owned and operated by Blackstone’s Real Estate and Tactical Opportunities funds, has purchased nearly 3.8 acres of land in Chandivali, Mumbai. 

The deal underscores both the rising importance of the eastern suburb as a commercial hub and Blackstone’s strategy to expand its data centre and infrastructure portfolio in India.

Deal Details

According to registration documents reviewed via CRE Matrix:

• 2.04 acres were acquired from Prasoon Spaces LLP for ₹294 crore, with stamp duty of ₹17.64 crore.
• 1.75 acres were acquired from Chawla Brothers LLP for ₹181 crore, with stamp duty of ₹10.86 crore.
• Both deals, totalling ₹475 crore, were officially registered on September 19, 2025.

Strategic Location

The land parcels are located in Chandivali, off Saki Vihar Road in Andheri East. The area is a well-established residential and commercial hub, with proximity to Powai, Saki Naka, and major arterial routes. 

The corridor has recently gained prominence for IT/ITES campuses, residential townships, and data centre projects, making it a strategic fit for Blackstone’s expansion plans.

Read More: Mercury EV Tech Share Price in Focus After NCLT Approves Merger With EV Nest!

Conclusion

With this ₹475 crore purchase, Lumina CloudInfra strengthens its presence in Mumbai’s fast-emerging data centre and commercial real estate market. The strategic land acquisition in Chandivali complements Blackstone’s long-term vision of expanding infrastructure-backed investments in India’s digital economy.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.