These days, the extended regions of Noida, i.e. Greater Noida, Noida Expressway and Greater Noida West, are a becoming a sure shot option for real estate investments. While the residential properties in Noida were always on the top of the charts in NCR real estate, the commercial properties in the city have also started gaining a lot of attention now. There are various reasons why investing in a commercial office space in Noida is considered a wise choice.
Firstly, Noida, being an IT hub, attracts a lot of small and big companies from across the globe to set their offices in the city. The city is already home to some of the top MNCs of the world such as HCL, Wipro, Dell, TCS, Sapient Corp., and many other companies. Now this clearly indicates the level of demand for a commercial office space in Noida. Investment in any of the upcoming commercial projects would ensure a huge rental income.
Further, proximity to the national capital is also a big advantage for investors in Noida properties as this factor contributes significantly to the future capital appreciation thus bringing a good ROI. Unlike any other city in NCR, Noida is excellently connected to New Delhi through the DND Flyway which is considered an infrastructural marvel of the age.
Almost every sector of Noida is located close to the Noida Expressway that connects the twin cities of Noida and Greater Noida. Most of the upcoming commercial office spaces in Noida are located close to the expressway so as to ensure excellent connectivity for people working in the offices.
One of the reputed builders of Noida, Wave Infratech, has launched a huge mixed-use development, named Wave City Center, spread across sector 32 and 25A of Noida offering world-class residential and commercial properties within a single gated-community. As a part of the project is the upcoming Wave Business Tower – a premium office project that is meant to offer a peaceful and luxurious working environment to all.
Similarly, the ‘Wave One’ located at sector 18 also offers commercial office spaces in Noida. The project is located close to the Noida Expressway and the sector 18 metro station. This is again an extremely ideal location for investment as it has well-developed infrastructure, availability of various important facilities and amenities and is located very close to Delhi.
There are various other reasons why one should invest in a commercial office space in Noida. A beautiful climate almost round the year, a pollution-free environment, presence of reputed builders who have long been contributing to the real estate sector of the city, all these things together have raised the bar of the city as a real estate hotspot. Constant migration of people towards Noida is not only increasing the demand for the residential properties but for the commercial properties as well.
Another attraction in Noida is the mixed-use development policy that most of the builders are following. With an aim to help people avoid long traffic jams, builders are giving them an opportunity to have their homes and offices within a single gated-community. Such projects are quite in demand, these days, and are witnessing much faster capital appreciation.
All in all, Noida, being a city that has successfully thrived severe market fluctuations over the years, has now emerged as a dream destination for investors across the country and abroad. It is certainly high time to invest in a commercial office space in Noida but not without the help of a market expert. Taking an expert’s help will enable all investors to grab the right deal at the right time.
Some of the best upcoming commercial projects in Noida include Wave Business Tower, Wave One, Supertech Supernova Astralis, Airwil Aurum, etc.
For more information on commercial office space in Noida, feel free to get in touch with us at Renaissance Realty Inc. http://www.renrealty.in/.