Hyderabad to Get Rs 70,000 Crore AI Data Centre Campus

TCS subsidiary HyperVault plans a 1 GW AI data centre on 264 acres near Hyderabad. See the investment, jobs, timeline and real estate angle.
Hyderabad to Get Rs 70,000 Crore AI Data Centre Campus

HyperVault, the data centre arm of Tata Consultancy Services (TCS), plans an AI data centre campus of up to 1 gigawatt on 264 acres in Telangana's Future City near Hyderabad, with investment of up to Rs 70,000 crore. The Telangana government and TCS announced it on September 5.

Key facts

  • Investment: up to Rs 70,000 crore, from HyperVault and its partners

  • Capacity: up to 1 GW (1,000 MW)

  • Land: 264 acres secured

  • Funding: HyperVault had already raised Rs 18,000 crore from private equity firm TPG for its data centre plans

  • Jobs: about 7,000 direct and indirect jobs, according to early reports. Telangana's IT minister separately said it could be 7,000 direct jobs and nearly 15,000 indirect

  • Timeline: the state has asked the company to work towards completion by June 2, 2028

  • Competition: Telangana says it beat five other states for the project

The real estate angle

Data centres have become one of the biggest draws for property capital in India. CBRE reported a record $9.5 billion of equity inflows into real estate, data centres and hospitality in Q3 2026, with data centres taking about 57%. Large campuses like this also need land, power and construction, and they can lift demand for nearby industrial and residential property.

 

What to keep in mind

The announcement is a memorandum of understanding and a plan, with phased development. Power supply, approvals and construction schedules will decide how fast it moves.