New Delhi, Aug. 9 -- Rapidly expanding data centre ecosystem in India will significantly drive demand for residential real estate and reshape urban corridors over the coming years, research by proptech company Square Yards found.

The proposed data centre expansion of 9,030 MW could potentially generate some 4.33 lakh ecosystem jobs and create demand for an estimated 195 million square foot (sqft) of housing by 2030, as per the report.

Vivek Agarwal, Co-Founder and Chief Technology Officer, Square Yards, in the release noted that India's real estate growth has for decades, been shaped by highways, industrial corridors, airports and IT parks; and data centers now represent the next evolution of that story.

The report dubbed the lon...