IT Growth Boosts Commercial Real Estate in Noida-Greater Noida

Once dominated by industrial clusters, Noida–Greater Noida has steadily evolved into the technology nerve centre of North India. Over the past few years, the region has witnessed an influx of IT and ITeS firms, start-ups, and GCCs that have reshaped its skyline and economic fabric. The region has become home to luxury residences, modern office towers, state-of-the-art data centres, and thriving IT parks.

This transformation is the outcome of a powerful synergy between IT growth and commercial real estate development, where every new business expansion fuels demand for smarter, greener, and more connected workspaces.

At the heart of this growth lies the rapid expansion of the IT, ITeS, and fintech ecosystem, which has firmly positioned Noida–Greater Noida as a preferred business destination. Sectors in these areas have emerged as thriving commercial clusters, attracting both established tech giants and agile start-ups seeking scalability and value. According to Cushman and Wakefield, the Delhi-NCR property market experienced a surge in demand during the July-September period, indicating strong demand for premium workspaces from corporates. Net leasing of office spaces jumped 2.5 times to 3.79 million square feet in the third quarter of this calendar year from 1.52 million square feet in the year-ago period. This evolution is fuelled by several long-term fundamentals, including the rise of Global Capability Centres (GCCs), the scaling of start-ups and the resurgence of manufacturing and engineering sectors.

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Besides, there’s a clear flight to quality—corporates are prioritizing sustainable, well-located, and Grade A workspaces that align with employee well-being. This vibrant mix of domestic innovators and global players has not only energized leasing activity in Noida-Greater Noida but also infused the region with a dynamic, future-ready business culture.

Moreover, what truly strengthens Noida–Greater Noida’s appeal to corporates is its robust and rapidly evolving infrastructure. With seamless metro connectivity through the Blue and Aqua Lines, and multiple extensions on the way, the region offers effortless access to Delhi, Gurugram, and beyond. The network of expressways, including the Noida–Greater Noida Expressway, Yamuna Expressway, and FNG Expressway, has transformed daily commutes and logistics efficiency, making business operations smoother and faster. Adding to this momentum is the upcoming Noida International Airport, poised to become a game-changer for global connectivity and corporate travel. Together, these infrastructural advances have turned Noida into a strategic alternative to Delhi and Gurugram, where businesses can scale without compromising on accessibility or quality.

Further, modern business parks and IT-SEZs here come equipped with smart infrastructure, sustainability features, and wellness-focused design, catering to the evolving expectations of tech-driven enterprises. Developers have also been quick to align with global ESG standards, integrating green building practices and energy-efficient systems into their projects. This balance of quality and environmental responsibility has cemented Noida-Greater Noida’s reputation as a progressive tech city, one that enables both businesses and people to thrive.

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Thus, Noida–Greater Noida stands on the brink of its next major growth wave, one driven by the steady inflow of IT investments and a continuous infrastructure push. With its strong policy support, connectivity, and tech-driven momentum, Noida–Greater Noida is set to be North India’s very own Silicon Valley, where innovation and infrastructure converge to power the future of urban enterprise.

About the Author: Sanchit Bhutani is the Managing Director of Group 108, leading the company’s strategic vision and real estate development initiatives. He specializes in residential and commercial projects, focusing on innovation, quality, and sustainable growth. Under his leadership, Group 108 has delivered landmark developments that blend modern design with community-centric living.