ONYX by Splendor
IT/ITES commercial hub on Noida Expressway – office spaces, business suites, retail shops & food court. RERA registered.
Description
ONYX by Splendor is a large-scale IT/ITES commercial hub on the Noida Expressway, located in Sector 142. The project spread across roughly 10 acres and will consist of three proposed towers housing modern office spaces, small business suites, retail shops and a food court all integrated into a single business ecosystem.
The property offers direct expressway frontage, is walking distance from the Aqua Line metro station, and shares proximity with Advant Navis Business Park and Express Trade Towers. The possession date as per RERA is slated around 2030. (UPRERAARJ920006/03/2024).
Office spaces are aimed at IT/ITES companies, start-ups, and corporates, whereas the business suites come with lower ticket sizes making them suitable for small enterprises and investors. The retail and F&B outlets are intended to cater to the needs of office workers and ensure a self-sufficient commercial center.
Considering the upcoming Jewar International Airport corridor and the increasing IT corridor on the Noida Expressway, ONYX by Splendor promises great potential as a commercial investment over the long term.
Key Highlights
- Splendor Group - 35+ years experience
- Sector 142 IT corridor location
- walkable to Aqua Line metro
- adjacent to Advant Navis Business Park
- office + business suites + retail
- RERA registered (UPRERAARJ920006/03/2024)
- modern business infrastructure
- highspeed elevators
- smart security
PROJECT AMENITIES
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Project Statistics
Project Area: Approx. 10 acres
Total Towers: 3 proposed towers
Total Units: Hundreds of office + retail units
Launch Date: 2024 (RERA registered March 2024)
Possession Date: 2030 (approx per RERA timeline)
RERA Number: UPRERAARJ920006/03/2024
Location Map
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Splendor Group
Splendor Group has over 3540+ years of experience in the NCR real estate market and is known for developing commercial and IT parks. Some of its landmark projects are Splendor Forum, Splendor Trade Tower, Splendor Tower, and Splendor Spectrum (IT/Commercial Park). Now their new mega-scale IT/ITES commercial hub is on the Noida Expressway is known as ONYX by Splendor.
Why Invest?
- Noida Expressway IT/ITES growth corridor
- metro connectivity
- upcoming Jewar Airport upside
- compact business suites (lower entry point)
- corporate leasing demand
- rental yield potential (48% for offices)
Moderate (expect 5‑7% annual over 5‑7 years)
Appreciation
4 – 8% (office spaces); retail yields uncertain initially
Rental Yield
5–7 years (long term due to 2030 possession)
Horizon
Frequently Asked Questions
What is the possession timeline for ONYX by Splendor?
According to RERA registration, the possession is scheduled around 2030 - this is after a long term 56 year development.
What is the entry ticket sizes?
Small business suites are priced around 3236 Lakhs, this is feasible for small investors.
Is the project RERA registered?
Yes. UPRERAARJ920006/03/2024. All units can be verified with RERA.
What is the expected rental yields?
Based on market estimations, office rental yield ranges between 4 to 8 percent, but this is determined by the actual occupancies and leasing requirement in future.
Who is the developer of this project?
Splendor Group, an NCR developer who has experience of 35 years+ of IT/Commercial parks.
Starting Price
₹32.0 Lakh
₹7000 (approx, varies by unit type) per sq.ft
₹32 Lakhs – ₹2 Cr+ (depending on office size and retail)
Property TypeOffice Space
Statusongoing
Area400 – 500 ft²
Key Features
Highspeed elevatorssmart access system247 securityCCTV monitoring
Configurations
Compact Business Suite₹32 – 36 Lakh
Standard Office₹56 – 70 Lakh
Large Office₹84 – 1.05 Cr
Premium Office Floor₹1.4 Cr+
Retail Shop (ground floor)₹50 Lakh – 1 Cr+
Mortgage Calculator
5%₹640,00050%
Estimated Monthly Payment
₹22,216
*For illustration only. Interest rate 8.5%.