Exotica Housing has announced its entry into the IT and ITES real estate segment with the launch of a luxury commercial project, Exotica One32, in Sector 132, Noida. The North India-based developer said it plans to invest around Rs 5 billion in the development, which will offer premium office spaces along with integrated retail and food and beverage outlets.Located along the Noida–Greater Noida Expressway, the project will be spread across five acres and will comprise two towers of 27 floors each. It will offer IT and ITES office spaces in multiple configurations ranging from 1,000 sq ft to 3,000 sq ft, along with retail spaces within the complex. Office units are currently priced at Rs 13,990 per sq ft.The project has secured all statutory approvals, including RERA registration (RERA No: UPRERAPRJ731857). As per the RERA details, possession for Phase 1 is expected in January 2030.Exotica Housing said the development has been planned as a sustainable business ecosystem for corporates, entrepreneurs, and IT/ITES occupiers. The project will have direct access from the expressway and is located within walking distance of the proposed Sector 93 Metro Station, providing enhanced connectivity.Exotica One32 is IGBC Gold certified and has applied for LEED Platinum certification. The project will include more than 1,400 parking spaces supported by multi-level and AI-assisted parking systems. Security features will include 24/7 CCTV surveillance and biometric access control.Planned amenities include smart office floors, high-speed elevators, advanced building management systems, and wellness and recreational zones.Dinesh Jain, MD, Exotica Housing, said, “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.”Exotica Housing has delivered over 4,000 residential units across Delhi, Ghaziabad, Noida, and Greater Noida West.