Commercial Property Trends in Noida

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Post By By Buniyad

06/24/2024

If you are keen on investing in commercial properties and wondering whether it will yield higher returns! Well, check out the commercial property trends in Noida and why investors are showing interest in it. A large number of Fortune 500 companies are headquartered in Noida and many start-ups have set-up their business in the city. It resulted in gross absorption of office spaces. To cater to this growing needs of commercial places, realtors are coming-up with co-working spaces, dedicated buildings, and dedicated commercial plots. The reason behind NCR’s ever-growing CRE sector is its booming economy and world-class infrastructure. Hence, it is the most favored sector for investors to invest in commercial properties.

The real estate market in Noida and its nearby regions is projected to witness a massive growth in coming years. The rising demand from start-ups, national, and multinational companies, which are planning to operate in Noida is fueling the construction of commercial buildings in various prime locations in the city. India’s leading realtors, such as Buniyad Realty Limited, are highly investing in creating office, business centers, showrooms, and shops, equipped with modern amenities. Here we will discuss why investors are investing in Noida and its current trends in commercial properties.

Also find out the latest residential property trends in Delhi for smart investment.

Emergence of Noida As A Manufacturing & Investment Hub

Owing to the presence of special economic zones and economic corridors, Noida’s development as India’s IT and manufacturing hub is remarkable. Noida and Greater Noida will continue to witness major commercial office and business center demand due to its well-connectivity, like Yamuna Expressway. Industries like IT companies, large scale manufacturing units, BFSI, start-ups are demanding for properties in Noida’s prime locations. Recent Global Investor Summit has attracted a large number of investors, who are interested to invest in Gautam Budh Nagar. Noida’s Sector 1 to Sector 16 has already been occupied by many start-ups and several constructions are going on to meet the ever-growing demand. So, the investment is not just coming from abroad, domestic investment in commercial properties is also rising significantly.

Growing Demand For Retail Space

Visit Sector 18 and you will understand Noida’s retail shopping development over the years. Noida has a large number of consumers and hence need retail shopping venues along with commercial spaces. With changing customer needs, retailers are looking for more and more high-end spaces that offer a seamless experience. This experience must include shopping, dining, game zone, entertainment, and wellness. This rapid urbanization of Noida has contributed to the real estate sector in so many ways that it propels the demand for retail and commercial spaces in the city. Spending in Grade A malls is one of the burning commercial property trends in Noida.

DMIC Corridor

Investing in Delhi-Mumbai Industrial Corridor (DMIC) would be the smart choice for those who are not sure whether to invest in properties in Delhi NCR. The upcoming Jewar International Airport and the DMIC are opening up many lucrative opportunities to real estate investors. Noida’s strategic location, its world-class infrastructure, and booming economy are the perfect reasons for commercial property investments. The Government of India is developing DMIC, the first industrial corridor between Delhi and Mumbai, which will connect the two cities in less than 15 hours. Investors are keeping a close eye on these developments in infrastructure, as it will create more opportunities for the region’s real estate market. It is also one of the commercial property trends in Noida and investing in commercial properties right now would be a smart move.

Final Takeaway

The presence of a skilled workforce and massive consumers are some of the major reasons, national, multi-national, and start-ups are setting-up their businesses in Noida. India’s leading realtors, like Buniyad Realty Limited are familiar with current real estate market trends, where meeting the ever-growing demand is the prime focus at the moment. Whether it is a co-working space or a dedicated office, or a business center, realtors are catering to such diverse needs and offering properties at Noida’s prime locations with world-class amenities.

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