Exotica Housing is investing ₹5 billion in Exotica One32, a commercial development in Noida’s Sector 132. The project, targeting IT and ITES occupiers, features IGBC Gold and LEED Platinum-targeted certifications, reflecting a strategic emphasis on sustainable workplace infrastructure amid evolving corporate leasing standards.
Exotica Housing, a real estate developer active in the Delhi-NCR market, has disclosed plans for a ₹5 billion investment in Exotica One32, a commercial project located on a five-acre site along the Noida Expressway. According to official company disclosures, the development is designed for IT and ITES sector tenants and includes office spaces alongside integrated retail and food-and-beverage components.
The project has secured all statutory approvals, including RERA registration, with pricing set at ₹13,990 per sq. ft. The company is positioning the asset to meet elevated environmental standards, having obtained IGBC Gold certification and submitted applications for LEED Platinum certification. This focus on high-tier green building credentials aligns with increasing corporate demand for energy-efficient, wellness-oriented workplaces, particularly among technology and business services firms.
For commercial real estate stakeholders, the project signals that sustainability benchmarks are becoming a competitive differentiator in Noida’s office market. Investors and occupiers may interpret this as an indicator that developers are responding to tighter environmental, social, and governance (ESG) criteria in leasing decisions, potentially influencing future project planning and valuation models across the region’s commercial corridors.
About GlobeNewsInfo
GlobeNewsInfo.com is a business news platform providing latest updates on global business developments, projects, and contract opportunities across diverse sectors and regions. The platform is designed to serve as a trusted source of information for companies, investors, and professionals worldwide.