Group 108 to set up Rs 1000-cr IT/ITES project in Noida

financialexpress.com:

Real estate developer Group 108 has announced the launch of their latest venture, ONE FNG, a cutting-edge IT/ITES project. With a focus on innovation, sustainability, and an investment of approximately Rs 1000 crore, ONE FNG is set to revolutionize Noida’s commercial landscape.

Located at Plot 1 in Sector 142, Noida, ONE FNG is strategically positioned adjacent to the Faridabad–Noida–Ghaziabad (FNG) Expressway, making it a prime location for businesses. Surrounded by existing residential communities, corporate buildings, and easy access to metro stations, ONE FNG offers a unique opportunity for businesses and consumers alike.

Dr. Amish Bhutani, Managing Director of Group 108, said, “ONE FNG will reshape Noida’s IT/ITES sector with state-of-the-art office spaces, retail areas, and sustainable features. This substantial investment is part of our commitment, as pledged during the UP Investors Summit 2023, where we promised to invest Rs 2000 crore in the region.”

The project features two high-rise office towers, Tower A and Tower B, collectively offering approximately 16 lakh square feet of office space, along with a 4-lakh square feet high street retail area. These towers are designed to withstand earthquakes, and with 21 high-speed elevators, Tower B boasts one of the largest floor plates in Noida, providing unmatched leasable area.

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ONE FNG’s completion is estimated within 5 years, and it has already received Platinum rated green building Pre-certification by IGBC, aligning with Group 108’s commitment to sustainability.

Sanchit Bhutani, Managing Director of Group 108, said, “This project not only raises the bar for office and retail spaces but also