07/03/2024
Noida is one of the fastest growing cities of Uttar Pradesh. Thanks to its strategic role as a part of the National Capital Region, Noida has become a thriving commercial hub. Over the past few years, the city has garnered the attention of both domestic and international investors. These investments led to a massive surge in its commercial property market. Take a walk in the streets of Noida Sector 18 and you can see the landscape of the commercial real estate market, which is going through a paradigm shift.
Noida’s reputation as a commercial hub is propelled by its strategic location, world-class infrastructure, business-friendly policies, and well-equipped commercial properties. The city is not only an IT hub, where national and multinational companies like Microsoft and Samsung have presence. It is also home to several big shopping malls, such as DLF, Gardens Galleria, The Great Indian Place Wave Mall, and Logix Mall, to name a few.
The presence of big IT companies, global retail brands, and Indian firms has turned the Noida Sector 18 area into a buzzing hub. The retail landscape is so impressive and thriving that many investors are spending millions on constructing commercial properties around the area. The entire area is dotted with mixed-use properties, some of which are co-working spaces, banks, retail shops, restaurants, and other offices.
There are plenty of reasons behind the thriving commercial growth of Noida. While many believe it to be its role as a satellite city of Delhi, which is a fact, others believe it is the friendly government policies to attract investors from all over the world. The number of businesses operating in the city is growing enormously, and so the demand for commercial properties. Due to the rising demand, property values and rents have soared over the years as well.
Noida is the next IT hub of India. Along with multinational and national firms, the city also accommodates start ups, and various industries. These corporate firms seek modern and well-equipped properties. It can be a co-working space, a dedicated office, a manufacturing unit, warehouses, and incubation centers. Realtors like Buniyad Realty Limited understands the diverse commercial property trends and demands and has deep insights into the market. To meet the needs, builders are undertaking various projects. In Noida Sector 18, there are several huge buildings, which serve as a commercial property and hosts many businesses.
The traditional office space landscape is completely transforming in Noida. Commercial property buyers are more interested in buying buildings with co-working space, as it allows them to rent out multiple office spaces. The changing work dynamics, evolving preferences, and technological advancements are driving the way offices are designed and built. The reason behind the rising demand for co-working spaces is its affordability and networking prospects. Noida has a diverse range of co-working spaces catering to diverse preferences. From large corporate firms to small-scale businesses all prefer innovative office solutions, equipped with virtual meeting rooms.
Investing in corporate properties for rental purposes is one of the best investments. While the entire city has advantageous commercial locations, the Noida Sector 18 area has higher potential than any other areas in the city. Whether you talk about the malls, retail shops, commercial buildings, and other corporate offices, Sector 18 is one of the city’s most buzzing areas. Investing in commercial properties in this area has an excellent return on investment. The high occupancy rates across multiple commercial properties reflect the area’s potential as a business hub.
From office premises to retail units, and world-class malls, Noida Sector 18 displays the city’s top-notch infrastructure. It is the most sought-after commercial location in the city that has seen a healthy growth in property values over the years. Its state-of-art infrastructure, good connectivity, and wide range of amenities make it a most popular commercial hub. If you are planning to invest in commercial rental in Noida, consider the aforementioned facts. You can also consult with real estate consultancies like Buniyad Realty Limited to know more about the area’s futuristic potential.
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