Bengaluru, July 27 -- Lodha Developers Ltd, which has 660 acres earmarked for constructing data centres in suburban Mumbai's Palava, plans to raise Rs.9,000 crore by selling 150 acres, said its managing director Abhishek Lodha in an analyst call on Monday.

The Mumbai-based developer is eyeing Rs.2,000-3,000 crore worth of annual land sales to hyperscalers as land prices have shot up due to robust demand for suitable data centre sites.

"India has emerged as a strong location for data centres. We have three leading operators now at the (Green Data Centre) Park. We want to further scale up and hope to increase capacity. Capacity attracts further demand," said Abhishek Lodha.

Lodha has sold around 132 acres at its Green Data Centre Park, P...