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Rising Demand For Office Space in Noida Boosts Commercial Developments

The Q2 of 2014 has witnessed 11 percent rise in office space absorption in Delhi-NCR and the biggest demand driver, without doubt, is the IT/ITeS sector. The most remarkable locations are the regions around Noida-Greater Noida Expressway and Greater Noida West which are emerging as the future destinations for both commercial and residential developments.

These days, buying an office space in Noida is not a big factor as the upcoming commercial properties in Noida are offering ultra-luxurious and yet affordable office spaces in some of the prime sectors. Location-wise, these office spaces in Noida are simply unmatchable as they are easily accessible from Delhi and other NCR regions and also have all major facilities in proximity.

The upcoming “Wave Business Tower” at sector 32 is a perfect example of an ideal office space in Noida. The first and also the best thing about the project is the location. Being located as a part of the upcoming Wave City Center in Noida, the project offers a wide variety of lucrative features that clearly justify its potential as an ideal investment option. Proximity to the Noida City Center Metro Station and the Noida Greater Noida Expressway are the biggest advantages of investing in this upcoming Commercial Office Space in Noida.

Being an IT hub, Noida has long been attracting the small and big companies looking to open their offices in this happening city in North India. The increased amount of exposure they receive attracts more and more MNCs and entrepreneurs to head towards Noida. Proximity to Delhi and frequent real estate developments has made Noida an ideal destination for investments. It is also a known fact that the return on investment is the highest in Noida compared to all other NCR regions.

And the list doesn’t end there. The best part is, properties in Noida are comparatively affordable than those in the other regions like Delhi and Gurgaon. The authority along with the state government is trying its best to make the office spaces in the city affordable even for entrepreneurs planning to start a new business or expand the existing one.
Buying an office space in one of the upcoming commercial properties in Noida is all the more advantageous because they offer various other facilities like conference halls, cafeteria, convention centers, modern retail shops and also serviced studio apartments meant for the business class.

The upcoming “Wave One” is a perfect example of such a commercial office space in Noida. The 40 storey tower offers prestigious office spaces, modern retail shops, food courts and multiplex and so many other facilities. Again, the location is the highly preferred Sector 18, the business district of Noida.

Also, for those looking to have their home and office within a single complex so as to avoid the day-to-day traffic can choose a property from the upcoming Lotus Square located at sector 98 in Noida. The region is emerging as an upcoming real estate destination and is witnessing fast-paced infrastructure developments.

Whichever property one goes for, the commercial office spaces in Noida are always a good bet, not only in terms of business exposure and locational advantages but also in terms of the returns on investments.

For more information on commercial properties in Noida, feel free to get in touch with us at Renaissance Realty Inc. http://www.renrealty.in/
Our Contact Number: +91 – 9289200400
you can also send us an email at: web@renrealty.in

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