Commercial Property In Noida: Promising Good Returns To Both Buyers And Investors
The demand for commercial space in Noida has gone high over the past few years. This increase in office space absorption is due to emergence of IT in the area. There has been tremendous IT growth along the expressway that emerges it as an International business center. Corporate offices and IT/ITES companies that have come in and are being built across the region intensify scope of economic growth in the city.
After Gurgaon, Noida is considered to be the best city for doing business in NCR. It is fast developing as the alternative growth centers of Delhi. Be it start up or a big business, real estate market here nurtures bright future. Market analysts expect that the number of commercial property in Noida will continue to increase in the coming years. Commercial real estate is upbeat even in lean market promising good returns to both buyers as well as investors. Commercial investment are more stable and offer secured rentals from corporate tenants and price appreciation of properties. Among the most sought after locations for commercial investment in Noida
Sector 18: The area dotted with several existing and upcoming commercial complexes, shopping malls, eating and entertainment zones is the largest commercial hub in Noida. Its proximity to Noida sector 18 metro station, connecting big corporate as well as residential hubs along the Noida-Dwarka metro line makes it the hottest realty destination in Delhi-NCR. Commercial developers like DLF, Wave Infratech, Unitech and 3C Group have strong presence in the area delivering high end innovative spaces for commercial, retail and office use. Due to fine infrastructure and good road transport facilities, it has been able to positive cash flow in businesses, thereby ensuring rapid economic growth.
City Center: The Noida's City Center is a huge project being developed on 99 hectare land. The development will have large number of offices, cultural centers, service industries, 5 star hotels, fine dine restaurants, multiplexes, whole sale outlets and residential complexes. Conceptualized to harmonize residential zone with industrial enterprise, it is expected to give Noida a new identity. With smooth connectivity to all parts of Noida and from Delhi, it is emerging to be the hottest destination for commercial real estate investments in the whole NCR.
Sector 126-127: These are fast emerging as major employment avenues with the development of numerous business parks like IHDP, Tech Boulevard, Etc that houses many corporate offices and multinational companies like HCL, IBM, Adobe and many more. Its proximity to Botanical Garden and Noida City Cener metro stations, and the proposed metro corridors, these are attracting huge business investments.
The other equally important commercial destinations are Sector 62 with Iconic Corenthum, Sector 140 and Sector 154. All these are rising as commercial hubs, inviting multinational companies and international brands at one place. These are offering opportunity for commercial investment in the booming real estate market of Delhi-NCR.