Realty major RMZ has announced plans to invest over $35 billion in India over the next five years, focusing on data centres, artificial intelligence (AI) infrastructure, commercial real estate, and residential projects. The company is also considering an Initial Public Offering (IPO) to secure long-term capital and fuel its next phase of growth.
Key Highlights
- Realty major RMZ plans $35 billion investment across data centres, AI, and real estate over five years.
- Realty firm eyes IPO to secure long-term capital and expand digital infrastructure footprint in India.
A significant portion of the planned investment- nearly 50%- will be allocated to digital infrastructure, including co-location data centres and AI factories. The move aligns with India’s rapidly expanding digital economy and rising demand for cloud computing and AI capabilities.
RMZ, in partnership with Colt Technology Services, is building data centre infrastructure across key cities such as Navi Mumbai, Chennai, Visakhapatnam, Hyderabad, and Bengaluru. The company has outlined near-term capacity additions of 750 MW in Navi Mumbai and nearly 500 MW in Visakhapatnam, with a long-term target of 1.5 gigawatts of co-location capacity.
Industry data highlights the opportunity: India generates nearly 20% of global data but accounts for only about 2% of global data centre capacity, indicating significant headroom for growth in digital infrastructure investments.
The company is also setting up a dedicated platform for AI factory capabilities, offering GPU-as-a-service to cloud providers and AI firms establishing operations in India. This positions RMZ to benefit from the surge in AI-driven computing demand.
On the real estate side, RMZ will deploy capital into commercial office spaces, retail, hospitality, and logistics assets, with a strong focus on Global Capability Centres (GCCs). India is expected to host over 2,400 GCCs employing more than 2.8 million professionals by 2030, making office demand a key growth driver.
The company is targeting around 20% of annual commercial office absorption in India, reflecting its aggressive expansion strategy in premium office assets.
Also Read: Signature Global and RMZ Complete Rs 1,293 Crore Gurugram Project Deal
IPO Plans to Secure Long-Term Capital
As part of its long-term capital strategy, RMZ is evaluating an IPO to access permanent capital and strengthen its balance sheet.
Commenting on the move, Manoj Menda, Chairman of the Supervisory Board, said, “The only way to get permanent capital is to tap public markets,” highlighting the company’s intent to transition toward a more institutional capital structure.
The investment will be funded through a mix of debt and equity, supported by partnerships with sovereign wealth funds, pension funds, and strategic investors.
