NCR-based Exotica Housing has announced a ₹500 crore investment to develop Exotica One32, a 5-acre commercial project in Sector 132, Noida, marking its foray into the IT and ITES real estate segment. The project, comprising two 27-storey towers with integrated retail and F&B spaces, has secured all statutory approvals including RERA registration, with Phase 1 slated for possession by January 2030.

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, according to a report by The Hindustan Times.

“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.

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.