IT Giant Accenture Leases 1.65 Lakh Sq Ft Office Space in Noida for ₹195 Crore Over 5 Years

Accenture has expanded its office footprint in India with a major leasing transaction in Noida, reflecting continued demand for premium workspace in key urban centres. 

Noida Lease Details and Cost Structure 

As per news reports, the company has taken on lease 1.65 lakh sq ft of office space in ACE Capitol Tower 2, Noida, from Onward Coworkx. The total rental commitment for this transaction stands at ₹195 crore over a period of 5 years. 

The chargeable area for the lease is 164,881 sq ft, with the starting monthly rent at ₹3.17 crore. This translates to a rental rate of ₹192 per sq ft. The agreement also includes an annual rent escalation of 6%. 

The leased premises are spread across multiple levels, including the 1st to 4th floors, the 7th floor, and the 13th to 15th floors of the building. 

Expansion in Coimbatore 

In addition to the Noida transaction, Accenture has recently secured additional office space in Coimbatore at Tidel Park. The new lease covers 1.09 lakh sq ft at a monthly rent of ₹83.75 lakh for a duration of 5 years. 

Following this addition, the company’s total office footprint at Tidel Park has increased to approximately 1.53 lakh sq ft. 

Market Trends and Demand Drivers 

These leasing activities come amid sustained growth in India’s office real estate market, particularly in metro cities. According to industry data, office leasing in major urban centres rose by 15% year-on-year during the January to March period of 2026. 

The increase has been driven by strong occupier demand across sectors and the continued expansion of global capability centres. 

The co-working segment has also been witnessing growth, with operators leasing 13 million sq ft last year. This figure is expected to rise further, with projections ranging between 15 million sq ft and 18 million sq ft in the current year. 

Read More: BCGCL and MCL Ink Land Deal for India’s First Coal Gasification Project! 

Conclusion 

Accenture’s latest leasing deals underline the sustained demand for high-quality office space in India, supported by business expansion and evolving workplace requirements. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.