Noida’s tech growth accelerated with new IT campus
In a significant development for Noida’s evolving built environment, a leading real estate developer has launched a Rs 500 crore IT campus project on a prime commercial corridor, aiming to strengthen the city’s position as a national technology and business services hub.
The project, designed to integrate office space, innovation facilities and mobility-friendly infrastructure, reflects growing private investment interest in urban growth sectors beyond residential housing. The new development, dubbed one32, is planned on strategically located land with connectivity to rapid transit, major road networks and business districts. Market analysts suggest that high-capacity tech campuses can amplify job creation, boost ancillary commercial services and catalyse demand for premium office real estate — all of which contribute to urban economic diversification. Industry experts say IT parks and campus-style developments are increasingly becoming integral to metropolitan growth strategies in India’s urban peripheries.
Such projects often serve small and medium technology firms alongside global services companies, generating employment and strengthening the innovation ecosystem. The availability of large, contiguous office space backed by institutional investment can also attract further finance and corporate interest. Local officials welcomed the announcement but emphasised that infrastructure support — such as seamless power, high-speed data connectivity and equitable transport linkages — will be key to converting real estate potential into operational performance. “IT campuses need more than buildings,” said an urban economist; “they need integrated urban services that reduce commute friction and support employee wellbeing.” The shift toward specialised employment hubs aligns with broader trends in the National Capital Region (NCR), where Noida has emerged as a preferred location for corporate offices, logistics facilities and tech parks.
Connectivity to metro lines, expressways and airport links enhances the city’s appeal for businesses seeking scalable spaces outside traditional downtown corridors. Real estate developers note that demand for quality office stock remains strong, with occupiers prioritising energy-efficient building design, flexible floor plates and sustainable certifications that reduce operational costs and environmental impact. Projects like one32 are therefore being positioned with modern amenities and certification goals to attract premium users who place a high value on workspace experience and climate-aligned infrastructure. Civic planners say this private investment wave coincides with policy efforts to enhance ease of doing business and foster inclusive economic growth across sectors. As cities like Noida densify economically, balancing commercial expansion with equitable access to housing, transit and public services will be crucial to maintaining liveability and reducing spatial inequities.
If one32’s launch translates into high leasing uptake and employment growth, it could trigger follow-on investment in related segments such as coworking, hospitality and retail services — further embedding Noida in India’s knowledge economy landscape.
