Why Greater Noida West is The Most Preferred Location For Commercial Property?

Greater Noida West or popularly known as Noida The extension is a fast developing and is observing a boom in the infrastructural development. It is a systematically planned city with residential and commercial projects, social infrastructures like hospitals, schools, wide roads and many more.

Greater Noida West or popularly known as Noida An extension is a fast developing and is observing a boom in the infrastructural development. It is a systematically planned city with residential and commercial projects, social infrastructures like hospitals, schools, wide roads and many more.

Real estate industry can be categorized into two major parts i.e. residential and commercial properties. Commercial property is used for business activities and to generate profits. It includes malls, office spaces, retail shops; manufacturing units and many more…It can gain more financial rewards than residential property. Commercial investment is considered to be a good and sound investment opportunity with higher overall returns. They even tend to have high rental yields. Commercial developments are leased out for a longer period of time that can be up to 9 years.

Commercial property in Greater Noida West is gaining high significance as the fast pace development is the key highlight of this area. The news of the proposed metro has already boosted the location and in a coming couple of years, the rollout of the metro will foster smooth connectivity. Greater Noida West is well connected to Delhi as well. Comparing it with the other regions of Delhi-NCR like Gurgaon, Faridabad, Ghaziabad, etc, this area has undergone a major transition and has become of the top demanding location. Not only this, Noida Extension in terms of prices is much affordable than any other destination.

Greater Noida West is spread over 3,635 hectares which are approximately 8,980 Acres of the land is becoming the center of attraction where many renowned builders of the real estate industry has launched their dream projects. Like some of the commercial properties like Galaxy Blue Sapphire Plaza, Gaur City Mall, Gaur World Street Mall and the recently launched Bhutani Grandthum is making this place a complete one-stop destination.

Why Greater Noida West is the most preferred location for Commercial property?

There are various reasons why Greater Noida West is the most preferred location for Commercial property. Some of the main points that make this a worthy location to own property. 

·        Affordability

Prices in Greater Noida West or formerly known as Noida Extension are comparably lower than the other regions of Delhi-NCR. The high competition among various developers has led to the benefit for the buyer as they can grab good options with modern facilities at a reasonable price. The affordability factor is a major reason why Greater Noida West is preferred.   

 

·        Planned infrastructure

The planned infrastructure that incorporates wide smooth roads, very few red lights, specific zones for institutions, industries, residential, commercial, IT sector, office spaces and retail shops in Greater Noida West is to avoid any hustle-bustle in the future.

 

·        Accessibility

Noida Extension offers smooth connectivity to other major areas and locations.

Ø Adjoining Noida, Ghaziabad and Greater Noida

Ø Few Kilometers to Noida City Centre metro station.

Ø Delhi connected via DND and NH-24.

Ø  Smooth approach to Ghaziabad.

Ø 4-5km from Sector 121, Noida.

Ø Proposed metro will also improve the connectivity.

 

·        Metro connectivity

Sector- 32 metro line through Sector-72 will go up to Greater Noida West. Metro connectivity will push the prices of the properties. The cost will be shared by the Noida and Greater Noida authorities. 

Greater Noida West is the trending location that is on the top priority of every buyer and investor. So, investing in commercial property in Greater Noida West will never prove a wrong decision. The newly launched Grandthum in Noida Extension is the first mixed-use development by Bhutani infra at this location.