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| Commercial Office Space in Noida |
The most common dilemma among real estate investors is, “Whether
to invest in Noida or Gurgaon”. Over the years, both the cities have been
witnessing real estate developments quite simultaneously but at this stage, Noida
seems to be in a much better position than Gurgaon in terms of offering great
investment options. Buying a commercial property in Noida is undoubtedly a
better option than doing so in Gurgaon.
The various aspects that together make an ideal commercial investment
option have a much stronger presence in Noida as compared to Gurgaon. Let’s
just take only 4 aspects: location, infrastructure, availability of cheap labor
force and affordability.
When it comes to location, Noida’s proximity to Delhi
becomes the biggest attraction. No doubt, both Noida and Gurgaon are located on
the Delhi border, but Noida is more easily accessible from Delhi compared to Gurgaon
owing to the presence of the famous DND Flyway.
The construction of the flyway has drastically reduced the
distance and travel time between Delhi and Noida. If you invest in a commercial
property in Noida, you can remain assured of a much higher return or rental
income. MNCs are frequently eyeing the real estate sector of Noida and they
won’t leave a chance to own or rent a commercial property in Noida due to its
highly advantageous location.
Talking about the infrastructure in Noida is simply a
pleasure. Ever since the Noida-Greater Noida Expressway and the Yamuna Expressway
became operational, the real estate of Noida has received an immense boost. The
Noida-Greater Noida Expressway (also referred to as the Noida Expressway) connects
the twin cities (Noida and Greater Noida) and extends further to join the DND
Flyway. Thereby, commuting between Delhi
and Greater Noida becomes a pleasure-filled ride for all.
The Yamuna Expressway is a world-class architectural marvel that
directly connects the IT hub to the famous tourist destinations of Agra and
Mathura. Currently, both the stretches along the Noida Expressway and the Yamuna
Expressway are witnessing fast-paced residential and commercial developments.
Further, the Noida authority has already given momentum to the metro projects
which, once over, will lead to huge capital appreciation for residential and
commercial properties in Noida.
Unfortunately, Gurgaon has not witnessed any such remarkable
infrastructural development over these years. When we compare both the cities,
Noida seems flawless despite having a highly fluctuating market. Over the last
few years, Noida has already proved that it is capable enough to thrive during severe
market fluctuations and regain its zeal from time to time.
Now let’s move on to the next biggest requirement for any
business which is the easy availability of cheap labor force. Here again, it’s
only Noida that can enable you to fulfill this dream. No matter whether you are
buying a commercial property in Noida for self-use or investment, in the
absence of a cheap labor force, you simply cannot expect to expand your own
business or attract a potential client.
Every year, a large number of people migrate to Noida in
search of jobs and it’s no tough thing to find a working force at affordable
prices.
Further, it is not only the availability of cheap labor
force but also the easy availability of affordable properties that make Noida a
much better option than Gurgaon. Gurgaon is too expensive to offer an
affordable property and that too in the commercial segment. On the other hand, the extended regions of
Noida, which are currently emerging to be the future real estate hotspots and
its, currently, very easy to find a commercial property in Noida in the
affordable segment.
Some of the best upcoming commercial properties in Noida
include Wave Business Tower, Wave Metro Mart, J C World, Supertech Supernova
Astralis, Unnati World, etc.
There are many more reasons that make Noida a better
investment option than Gurgaon. If you are still apprehensive and want to
gather some more information on investment in a commercial property in Noida,
feel free to get in touch with us at Renaissance Realty Inc. http://www.renrealty.in/.
Happy Buying!
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