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Noida Extension is Hot Location for Commercial Projects in NCR

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Noida Extension is Hot Location for Commercial Projects in NCR

December 13
08:39 2018

December 13, 2018 – the recent real estate statistics find that commercial Projects in NCR is among the fastest growing real estate in the country because this sector offers the maximum growth of investment. Good business requires development of malls, shops, and offices for smooth trading operations. When it comes to commercial developments, Noida is a sought after Indian localities with many people moving to stay in Greater Noida West or Noida extension.

Top reasons to buy office space in Noida are the following:

  • Residential high-density area
  • 200+ projects from renowned builders
  • Nice development of commercial areas
  • Many customers from the nearby areas
  • Nearing possession within 1-2 years
  • Chance of big companies leasing
  • Accessibility from public transport and metro
  • High RoI
  • Investors and end users get easy payment plan from developers
  • Connectivity to important destinations

Investors can take their pick of media centre, studio, food courts, office space, stores, and shops as part of commercial property for sale in Noida. Numerous residential projects here make it easy for the commercial projects facilitate resident needs giving them a variety of services in single sphere, making their life easier.

Greater Noida witnesses big developments today with constructions in a full swing and the Master Plan for targets to reach by 2021 includes development of multiple civic, social, and physical infrastructure to facilitate the growth further. Residential ready catchment, huge land parcels, and good connectivity act as great enablers for the office market increasing the demands for commercial shop in Noida for sale. Noida is today a magnet for infrastructure and employment in NCR boosting the growth of commercial establishments further. Last year both the city along with Greater Noida and the Expressway are experiencing an upswing with the expressway emerging as the NCR commercial corridor. The 24 km Expressway connects Noida with Greater Noida linking this further to Yamuna Expressway 165 km long.

This corridor offers a seamless connection with Delhi via Delhi-Noida-Direct Flyway and the upcoming metro link between Noida-Greater Noida augments this further. This is going to draw companies wishing to set their base in the corridor since the link gives the workforce alternative commute mode. The demand of properties like the studio apartments in Noida is expected to go up as more people would look for affordable places to rent or purchase. Other than the seamless connectivity, another big attraction is the competitive rentals and this draws big MNCs nearer to expressway. This is a trend in the recent years.

The IT policy of the state of Uttar Pradesh boosts the market sentiments further as there are various incentives like waivers for land registration and this stimulates growth. There are allotments for the companies and this makes investment in commercial properties like food court for sale a bright proposition. In the coming times, one can expect this location in NCR to develop into a significant office corridor bringing Noida on the commercial map all over again with numerous opportunities for the builders and investors.

Media Contact
Company Name: FiftySecondAvenue
Contact Person: Snehal T.
Email: Send Email
Phone: 9990392924
Country: India