Commercial Property in Noida |
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
Existing
Infrastructure
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.
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.
Upcoming
Infrastructure
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 property 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.
Conclusion
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/.
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