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Today, every small and big company wants to buy or rent a commercial office space in Noida. The reasons why everyone prefers the location clearly speak about the success story of the Noida real estate sector over the years.
Though the residential properties in the city are, undoubtedly, a great investment option, buying a commercial office space in Noida is still a greater investment as it ensures higher returns compared to the residential properties. The rates and rentals of a commercial office space in Noida mainly depend on three factors: location, builder and the demand and supply ratio.
Let us see how Noida, one of the biggest IT hubs of India, successfully caters to all the three aspects of commercial real estate investments.
Firstly, we will talk about the locational benefits. Reasons why people consider Noida as a perfect location for investment in an office space are the well-planned Infrastructure, proximity to expressways and proximity of Noida to New Delhi.
Both the physical and social infrastructures in Noida are highly developed. There are wide roads, flyways and expressways, water and power supply, excellent metro connectivity, many international schools and colleges, renowned hospitals, SEZs, shopping complexes and entertainment zones easily available across the city. Moreover, the Noida Authority is also working with full dedication towards turning Noida into a city of international standards.
The two main expressways, i.e. the Noida-Greater Noida Expressway and the Yamuna Expressway have also significantly boosted the real estate sector of Noida. Both the expressways connect Noida very smoothly with the rest of the NCR and also the tourist destinations like Agra and Mathura. Currently, the whole stretches along the expressways are witnessing fast-paced developments which are considered among the best investment options in India.
Further, the proximity of Noida to the national capital has always remained the biggest attraction especially for businesses. The soaring real estate prices in New Delhi do not always allow everyone to make an investment but they can still leverage the benefits of the capital city by choosing a commercial office space in Noida. Compared to all other NCR regions, Noida is most easily accessible from Delhi and vice-versa.
The presence of renowned builders gives more credibility to the real estate sector of a city. Noida is home to many renowned names such as Wave Infratech, Supertech Limited, Jaypee Infrastructures, Unnati Fortune World, Lotus Greens, Mahagun, Amrapali and many more which have given significant contribution to the real estate sector of India and abroad. Currently, all these builders are actively involving in lifting the residential and commercial real estate sector of Noida to international standards.
Over the years, the Noida real estate sector has thoroughly managed to maintain a balance in the demand and supply ratio of the properties. Though it also has its share of unfavorable times, the city, however, witnesses a constant demand for its residential and commercial properties and the presence of numerous top MNCs in the city justifies all that.
The presence of the IT/ITes sector and the huge capital appreciations are the biggest demand drivers for the commercial office spaces in Noida. As already discussed above, a commercial office space in Noida ensures higher rental income compared to that from a residential property.
So these are some of the important factors that have led to the rising demand for commercial office space in Noida. Most of the upcoming office projects in Noida are located close to the Noida Expressway ensuring excellent connectivity and easy access to major facilities. You can choose a location based on your convenience and explore the office projects in the area.
Some of the best upcoming commercial office spaces in Noida include Wave Business Tower, Wave One, Supertech Supernova Astralis, Airwil Aurum and the Unnati World. Launched by renowned builders, all these projects come with attractive price with easy payment options and assured return policies.
For more information on any commercial office space in Noida, feel free to get in touch with us at Renaissance Realty Inc. http://www.renrealty.in/.
Our Contact Number: +91 – 9289200400
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