Commercial Property In Noida
A successful investment in real estate is all about right property, right location and right time. When these three things come together, there’s no looking back for an investor. These days, the whole stretch along the Noida-Greater Noida Expressway is witnessing multitude of residential and commercial real estate developments. Now, there are good reasons why more and more investors are increasingly getting attracted towards the upcoming commercial properties in Noida. With large number of reputed developers getting actively involved in the sector, investing in a commercial property in Noida is getting increasingly popular. Here are some of the important factors that are driving the demand for a commercial property in Noida.
Demand Drivers For Commercial Property In Noida
The notable infrastructural development in Noida has already earned huge fame for the real estate sector of the IT hub. Starting from physical infrastructures like roads and expressways, there are highly-developed social infrastructures too such as reputed hospitals, medical centers, educational institutions, international schools and colleges, shopping complexes and entertainment zones. Basically, there is everything available within the city to make it self-sufficient.
The DND Flyway, Noida-Greater Noida Expressway and the Yamuna Expressway are infrastructural marvels that have significantly reduced the distance and travelling time between Noida and other NCR regions. Currently, the Noida Expressway, Greater Noida and Noida Expressway (Greater Noida West) are the best locations for investment in commercial property in Noida.
Witnessing the increasing demand for residential and commercial property in Noida, the Noida authority is actively planning to boost the infrastructural development further with an aim to make Noida a world-class city like those in foreign nations. Currently, the metro projects, aimed at connecting Noida and Greater Noida, are the major attraction. Once these projects are over, the property rates across the city will witness immediate appreciation.
Proximity To Delhi
Proximity to Delhi is again one of the biggest demand drivers for the commercial properties in Noida. The Noida Expressway that connects the twin cities of Noida and Greater Noida further extends to join the DND Flyway thus ensuring excellent connectivity right from Greater Noida to New Delhi. Apart from connectivity, the proximity to the various business centers of Delhi is also a great demand driver for a commercial property in Noida.
Rising Demand For Commercial Properties
Investment is successful only when there is demand for the property. Now, for a city like Noida which is not only one of the biggest IT hubs of India but also a very happening place in NCR, the demand for the commercial properties are bound to remain high. No matter whether it is a retail shop or an office space, there are very high chances for an investor to gain huge profits.
Capital Appreciation Potential
Owing to its locational advantages, property value appreciation in Noida is a very common thing. Over the last decade, properties in both the residential and commercial segment have witnessed gradual appreciation bringing good returns to investors. The upcoming commercial properties in Noida, although suitable for long-term investments, assure huge appreciation in the next 3 to 5 years.
The upcoming commercial properties in Noida are mostly based on the mixed-use policy offering a wide range of facilities and amenities. With premium office spaces, modern retails shops, condominiums, multiplexes, food courts and restaurants, convention halls and serviced studio apartments on offer, the properties are simply a heaven for businessmen, shopaholics and foodies.
For more information on commercial property in Noida, feel free to visit Renaissance Realty Inc. http://www.renrealty.in/.