Brookfield's Candor TechSpace parks are two of Noida's largest campus-style office developments. This guide answers the questions companies ask before leasing and fitting out space in them.
What is Candor TechSpace in Noida?
Candor TechSpace is a pair of Brookfield campuses in Noida: N1 in Sector 62 and N2 in Sector 135.
Together they offer about 7.6 million sq ft of leasable Grade A office space across 21 completed buildings.
N1 spreads over 19.3 acres with about 2.9 million sq ft of leasable area and 7 completed buildings. N2 spreads over 29.7 acres with about 4.7 million sq ft of leasable area and 14 completed buildings. Both are campus-format office parks with landscaped grounds, retail and food areas, and floor plates suited to enterprise teams. They are owned and operated by Brookfield India Real Estate Trust.
Where are the two campuses located?
N1 is in Sector 62, Noida's institutional office market. N2 is in Sector 135 on the 12-lane Noida Expressway.
N2 has a large frontage on the expressway and sits in Noida's emerging IT/ITeS corridor.
N1 is the only business park in the Sector 62 micro-market and sits within Noida's established business district. N2 is positioned in the Sector 135 IT/ITeS corridor with expressway access and connections to the Noida central business district. A company choosing between them can compare commute patterns for its workforce, since the two campuses draw talent from different parts of Noida, Greater Noida and Delhi.
Are these campuses SEZ, and can floors be denotified for non-SEZ use?
N2 is an IT/ITeS SEZ, and SEZ rules now allow landlords to convert whole floors to non-SEZ use. N1 is a campus-style Grade A office development.
The government allowed floor-wise denotification of IT/ITeS SEZs through an amendment to the SEZ Rules, 2006.
The sunset clause on SEZ income-tax incentives began in April 2020, which made SEZ floors less attractive to tenants that no longer needed SEZ benefits. Earlier, only an entire building could be denotified. Under the amendment (Rule 11B), the Board of Approval can permit a landlord to demarcate part of the built-up area as non-processing (non-SEZ) area, floor by floor. A non-processing area must be an entire floor; partial floors are not allowed. Approval carries conditions, including repayment of tax concessions already availed. The landlord applies, the Board of Approval deliberates, and the process runs for several months. Once a floor is demarcated, it can be leased to domestic (non-SEZ) companies like any commercial office, and SEZ and non-SEZ tenants can share one campus.
For a tenant, the choice is practical. SEZ floors suit export-oriented IT/ITeS units that use SEZ benefits and follow SEZ procedures. Non-SEZ floors suit GCCs, consulting, financial services and other companies that want standard commercial lease terms without SEZ compliance. Ask the campus leasing team which N2 floors are SEZ and which are demarcated non-processing before you shortlist space, and plan the fit-out so that drawings, services and layouts follow the approval process for that floor type from the start.
Which certifications and safety ratings do the campuses hold?
Both campuses are IGBC Platinum rated, BEE 5-Star rated and certified to ISO 9001, 14001, 45001 and 50001.
Both hold British Safety Council five-star occupational health and safety ratings and the Sword of Honour.
These ratings cover green building design, energy efficiency, quality, environment, safety and energy management. Both campuses use rooftop solar panels, drip-irrigated landscaping, sewage treatment plants with ultra-filtration and composting of organic waste. N1 also holds the CII National 5S Excellence Diamond rating and the CII Energy Efficient Unit award. For global teams with ESG reporting duties, these ratings support the case for leasing here.
What amenities improve employee experience?
Convenience retail, a day care centre, banks and ATMs, a pharmacy, a salon, shaded cabanas and a retail and social destination are on campus.
N1 pairs its offices with a first-of-its-kind social and retail destination designed by a global architect.
Employees can handle meals, banking, errands and childcare without leaving the campus. Both campuses are universally accessible, with inclusive design features for differently abled people. These basics help large teams spend less time on logistics and more time on work.
What kind of companies lease here?
IT, consulting, financial services, technology and healthcare companies, including global capability centres, lease at Candor TechSpace.
Large floor plates and campus infrastructure suit teams from a few hundred to several thousand seats.
The campus format lets a company take one or more floors and expand within the same park. N2 also holds additional development area, so growth does not require a move.
How should a company fit out an office in Candor TechSpace?
Plan the layout around the building's warm-shell or Grade A base, then design for density, collaboration, branding, IT and handover.
A turnkey design-and-build partner manages approvals, services and execution in one contract.
Fit-out in a managed campus follows the landlord's approval process for drawings, electrical load, HVAC modifications and fire compliance. The main fit-out decisions are seat density, meeting and collaboration zones, acoustics, lighting, pantry and breakout areas, branding, server and IT rooms, and accessibility. Officea Design & Build delivers turnkey office fit-outs across Delhi NCR with offices in Delhi, Gurgaon, Noida and Bangalore, and shares clear terms upfront. Start with the complimentary floor plan audit and test layouts and costs with the office layout planner.
N1 or N2: how do you choose?
Choose N1 for a Sector 62 location in an established business district. Choose N2 for Noida Expressway access and the larger campus.
Compare available floors, commute, lease terms and fit-out cost on the same floor plan.
N2 is the larger campus by leasable area and land size, and N1 is the more established address in Sector 62. The decision comes down to where your workforce lives, which floors are available, and the total cost of lease plus fit-out. Testing the same seat count in both campuses gives a like-for-like view.
What should a business check before leasing?
Check available area by building, lease terms, handover condition, parking, power, internet, certifications and expansion rights.
Map current and future headcount against the floors you can take now and later.
Checklist: (1) seats needed now and in three years; (2) floor-plate efficiency; (3) lease term, lock-in and escalation; (4) handover condition and fit-out period; (5) parking for staff and visitors; (6) power load and backup; (7) internet and telecom providers; (8) whether the N2 floor is SEZ or demarcated non-SEZ, and which suits your business; (9) commute for your workforce; (10) the right to expand within the campus.
How can a business enquire about space and fit-out?
Share the required area, team size, move-in date, lease term and business type with the campus leasing team and your fit-out partner.
For fit-out, send the floor plan to Officea for a complimentary audit.
Related reading: Candor TechSpace in Gurugram, DLF Cyber City, Gurugram, turnkey office interiors for GCCs. For Officea's own data on which companies are taking space across NCR, see the Who's Leasing Where report.
Contact Officea Design & Build: [email protected] | +91 98711 11446
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