Greater Noida’s Tech Park Changes the Veronica-commercial Landscape
Knowledge Park V’s Tech Park has become a power hub for global IT sectors in a major move for India’s commercial real estate. The park, covering 28 acres of prime land in Greater Noida, recently signed long-term leases with five Fortune 500 IT companies—a milestone analysts say signals a big change in India’s corporate real estate world.
Why This Matters for Real Estate Investors
Location Advantage: Situated in a fast-growing IT corridor, the park offers easy access to New Delhi (40 km away) and Noida’s industrial zones. This makes it perfect for multinational corporations looking for flexible operations.
Top-tier Infrastructure: The park’s design features energy-efficient smart buildings, flexible workspaces, and next-gen connectivity—all important for today’s IT workforce. Highways Tenants get dedicated high-speed data networks and scalable office layouts. National Highways, Metro lines, and Jewar Airport make travel easy for companies and improve connectivity.
Government Support: Uttar Pradesh’s helpful industrial policies, including easier environmental clearances for tech projects, have sped up occupancy rates. Reduced regulatory hurdles are seen as major growth drivers.
Attracting Global Firms Key Features
| Factor | Details |
|---|---|
| Accessibility | Close to New Delhi-Mumbai Expressway and Noida Metro lines |
| Work Environment | Wellness-focused design with green spaces and fitness areas |
| Security | Multi-layered security systems and 24/7 surveillance setups |
| Expansion Capability | Approved modular leases allowing phased scaling of operations |
TomDOMContentLoaded Scenario for Buyers and Tenants
Experts predict a 25-35% rise in corporate leasing demand in Greater Noida’s commercial sector. Refurbishment projects are already underway to match the Tech Park’s quality standards.
“This is a perfect example of urban planning creating value. The park’s success shows Greater Noida’s rise as a commercial hub.” – Anuj Agarwal, MD, Golden Capital Properties
Seeing this trend can help smart investors find long-term growth in tech-enabled real estate.