NCR’s Exotica Housing plans ₹500-crore commercial development in Noida

Exotica Housing’s new commercial project in Sector 132, Noida, marks the company’s foray into the IT/ITES-focused real estate space

Updated on: Feb 12, 2026, 16:54:49 IST

Written by Vandana Ramnani

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NCR-based Exotica Housing plans to invest ₹500 crore in a commercial project in Noida, marking its entry into IT and ITES-focused real estate, the company said on Feb 12.

NCR-based Exotica Housing will invest ₹500 crore in a commercial project in Noida, marking its entry into IT and ITES real estate, the company said on Feb 12. (File Photo )

Spread across 5 acres in Sector 132, Noida, Exotica One32 is a commercial project by Exotica Housing featuring high-end office spaces alongside integrated retail and F&B offerings. The project has secured all statutory approvals, including RERA registration, the company said.

Exotica One32 will offer IT and ITES office spaces ranging from 1,000 sq. ft. to 3,000 sq. ft., housed in two 27-floor towers, along with retail spaces within the premises. Office spaces are priced at ₹13,990 per sq. ft., and Phase 1 is expected to be ready for possession by January 2030, as per RERA registration.

Also Read: Net office leasing in top 8 cities up 25%, crosses 61 mn sq ft in 2025, led by Chennai and Delhi-NCR

“We are pleased to introduce Exotica One32 in Noida, marking our entry into the IT and ITES segment. The project has been conceived as an integrated ecosystem designed for today’s workforce, offering an environment that supports productivity, interaction, and well-being in a sustainable setting. We look forward to building long-term trust with occupiers and investors through quality execution,” said Dinesh Jain, MD, Exotica Housing.

The project is envisioned as a next-generation, sustainable business ecosystem. The project caters to entrepreneurs, corporates, and IT/ITES occupiers and is located with direct access from the expressway and within walking distance of the proposed Sector 93 Metro Station, ensuring connectivity, the company said.

Also Read: Noida office leasing likely to touch 4.7 million sq ft by year-end as airport nears completion; GCCs set to lead demand

Exotica One32 is IGBC Gold-certified and has applied for LEED Platinum certification, underscoring its focus on green infrastructure and future-ready design. The development will provide over 1,400 car parking spaces with multi-level and AI-assisted parking solutions, supported by advanced security systems, it said.

Established in 2005, Exotica Housing has delivered over 4,000 residential units across projects in Delhi, Ghaziabad, Noida, and Greater Noida West.

ABOUT THE AUTHOR
Vandana Ramnani
Vandana Ramnani leads the real estate vertical at Hindustan Times Digital, bringing over two decades of journalism experience across real estate, education, human resources, and foreign affairs. She specialises in India’s real estate sector, covering residential and commercial markets in Delhi-NCR, Mumbai, and Bengaluru, with in-depth reporting on regulatory developments, urban policy, housing trends, and interviews with industry leaders. Her work has also appeared in the Hindustan Times newspaper and HT Estates. Earlier, Vandana played a key role in establishing the real estate vertical at Moneycontrol (NW18 Group), shaping its editorial direction and market coverage. She has also written extensively on international education for HT Education, tracking global study destinations, policy changes, and student mobility trends, earning the Singapore Education Award 2009 for Best Media Coverage (Print). Her reporting portfolio includes human resources and employment trends for HT ShineJobs and PowerJobs, as well as lifestyle and interior design features for HT Premium Homes. Vandana began her career with the Press Trust of India, gaining strong editorial and reporting expertise. She was also selected for a prestigious fellowship at Fondation Journalistes en Europe in Paris, where she wrote for EuroMag. One of her notable reporting assignments included covering Germany’s capital relocation from Bonn to Berlin. Outside of journalism, Vandana is a passionate traveller, constantly seeking out charming hideaways across India and the lesser-known, offbeat corners of Southeast Asia.Read More

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