Noida is one of the beautiful cities that is seeing an influx of new commercial property. Currently, this place is on its way to becoming one of India’s most developed cities, while providing the best IT and commercial centers. With great demand, companies are looking forward to acquiring commercial property to settle their office spaces in Greater Noida. Recently, commercial projects near expressway development and Delhi NCR have made it beneficial for foreign investors and a variety of other businesses.
Generally, multinational corporations and global tech companies seek well-furnished office space in a convenient location to fulfill their organization’s demands. Due to its accessibility, Delhi-NCR is one of the most coveted sites that provide infrastructure, price, and other factors to interested companies. Therefore, the following points will highlight the reasons why Noida is the best place for purchasing any commercial property.
Great Connectivity
Geographically, Noida is connected to three major airways that are – IGI Airport, Hindon Airport, and Jewar International Airport. However, the Jewar International Aiport project is handed over to Zurich Airways to develop its planning and design. Furthermore, Noida is well connected with Yamuna Expressway, FNG Expressway, Eastern and Western peripheral highways, Delhi-Mumbai Industrial Corridor, etc. Thus, Noida indeed provides greater connectivity with other parts of its locations.
Location Advantages
Delhi is considered to be the most crowded city in the world, with over 1.3 crore people residing in the city. Purchasing a commercial space even in greater Noida West would be a great advantage to get genuine visitors. As Noida is a well-structured city, it has fewer crowds in comparison to Delhi. Thus, it ensures a peaceful and less-chaotic working experience in commercial spaces in Noida.
Cheaper Properties
Noida is a significant part of Uttar Pradesh and closest to New Delhi, whereas Gurgaon is a part of Haryana where the standard of living is high. Generally, the prices of properties in Gurgaon will be higher in comparison with Delhi and Noida. Both Noida and Gurgaon have the same distance and with the same connectivity to Delhi, yet Gurgaon is priced higher than Noida. It is so because the jobs in Gurgaon are well-paid, while the people can spend more. Therefore, setting up commercial property in Greater Noida would be the best option.
Versatile Growth
Noida consists of residential areas, world-class universities, schools, and colleges. With this, there are top MNCs that are located in Noida. Thus, the location is likely to have potential growth as the place is already seeing many project opportunities. Noida is going through the beginning phase of its growth, where there are several companies such as HCL, Stellar, Genpact, Ford, etc. Therefore, purchasing a commercial property in Noida would be valuable, as it would be providing an urbanized form of the environment at low expenditure.
Conclusion
Due to numerous factors, the idea of investing in commercial property in Noida has been in demand for the past few years. Organizations are looking forward to investing both in terms of great connectivity as well as capital appreciation in the future. Noida is considered to be the prime location for many infrastructures with great proximity. Therefore, investing in commercial property in Noida would be the best decision.
