Accenture Locks in Massive Office Deal in Noida: ₹195 Crore Lease Signals Strong Demand

In a significant boost to Noida’s commercial real estate market, Accenture has secured a large office space spanning nearly 1.65 lakh square feet. The deal, valued at approximately ₹195 crore, reflects the continued demand for premium workspaces in the NCR region.

Deal Highlights: Scale, Location, and Tenure

The office space has been leased from Onward Coworkx Pvt Ltd for a tenure of five years. The property is located in ACE Capitol’s Tower 2, a prominent commercial building in Sector 132, Noida.

What makes this deal stand out is its scale. The leased space is spread across eight floors, including levels 1, 2, 3, 4, 7, 13, 14, and 15—indicating a large operational footprint for Accenture in the region.

Financial Structure of the Lease

As per registration records, the lease officially begins on December 15, 2025. The rental agreement is structured with a starting monthly rent of ₹3.16 crore, calculated at ₹192 per square foot.

Additionally, the agreement includes:

• A security deposit of ₹9.50 crore 
• An annual rent escalation clause of 6% 

This structured escalation ensures steady rental growth over the five-year term, making it a strong revenue-generating asset for the lessor.

Noida’s Growing Appeal for Corporates

This transaction is another indicator of Noida’s rising popularity among large corporates seeking scalable, modern office spaces. With improving infrastructure, metro connectivity, and relatively competitive rentals compared to Gurgaon, Noida is fast becoming a preferred business hub.

Other Key Commercial Deals in the Region

Noida and Greater Noida have recently witnessed several high-value leasing transactions:

• Oppo Mobiles India Private Limited subleased around 4.3 lakh sq ft in Greater Noida to Bhagwati Products Ltd, a venture linked with Micromax Informatics and Huaqin Technology Co. The deal, starting January 2026, is priced at a monthly rent of ₹1.04 crore and spans nearly five years. 
• In another major lease, MetLife Global Operations Support Centre Private Limited secured 75,000 sq ft at Oxygen Business Park, a property owned by Embassy Office Parks REIT. The five-year lease comes at a monthly rent of approximately ₹41.84 lakh. 

What This Means for the Market

Large-scale leasing by global firms like Accenture signals confidence in Noida’s commercial ecosystem. As more companies expand or consolidate operations here, demand for Grade A office spaces is expected to remain strong.

For investors and developers, this trend highlights a clear opportunity, Noida is no longer just an alternative to Gurgaon; it is emerging as a core commercial destination in its own right.