Industrial Property Trends in Greater Noida

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Post By By Buniyad

07/01/2024

Greater Noida is witnessing a rapid expansion of infrastructure due to its strategic location. It is emerging as a hotbed for several industries and companies, boosting real estate growth in the region. Located within the National Capital Region, Greater Noida’s seamless connectivity to the Delhi metro network and its burgeoning industrial sectors, have seen a rapid growth of investment in various sectors. Recently, the Greater Noida Development Authority announced five commercial projects near the Yamuna Expressway, which contributed to the region’s popularity among investors. These are some of the industrial property trends in Greater Noida.

Even though property prices are fast getting more expensive in the NCR, the promising opportunities are attracting investors in large numbers. As per the latest survey by Buniyad Reality Limited, a leading real estate consultancy in India, industrial property prices in Noida and Greater Noida are rising by 25–30%. Here, we will discuss the burning trends of Greater Noida’s industrial properties, its futuristic projects, manufacturing units, and why you should invest in it.

In the last decade, Noida has received a whopping 64,000 crore investment, making it one of the largest industrial investment cities in India. This massive investment has generated 4.5 lac jobs across different industrial sectors. Thanks to government policies, many domestic and international investors are making huge financial investments. Such investments are one of the industrial property trends in Greater Noida.

As per the reports, the Greater Noida Development Authority, along with the Noida Development Authority and the Yamuna Expressway Development Authority, have sold 3000 plots for industrial and commercial purposes within just two years. It shows industrial real estate potential in the city. The surge of demand for industrial plots is a testament to the region’s potential to open up opportunities of growth for the investors as well as the city residents.

Giant brands like Samsung are planning to manufacture laptops in Noida, the twin city of Greater Noida, this year. Along with Samsung, Microsoft, TCS, and Adani Solar too have their presence in the city. All these have purchased land in Noida. Greater Noida, increasing the real estate value in the region. Propelled by its strategic location and flexible government policies, it swiftly evolved into an industrial hub within a very short span.

The burgeoning industrial sectors and futuristic infrastructure are the key drivers of industrial property trends in Greater Noida. It includes the ever-growing industrial property demand and the price. Since several industries are setting-up their manufacturing units, it has become essential for realtors like Buniyad Reality Limited to cater to the surging demand for land and industrial buildings. Greater Noida’s real estate landscape showcases the city’s rising demand and potential in the future.

Related Blog: Industrial Property Trends in Noida

Not just the established units, the upcoming industrial projects in Noida are all set to act as a major drive for future expansion. The construction of Jewar International Airport, planned metro extensions, and wide connectivity throughout the National Capital Region are poised to make the city more connected, more well-developed, and more accessible to investors. This promising outlook encourages investors to set up various industries and manufacturing units.

There is no doubt that Greater Noida provides a conducive environment for business. The industrial spaces created by realtors add more modern, customizable, and well-equipped spaces to meet the evolving needs of each industry. With the expansion of the city, even  the realtors are undertaking many projects, including mixed-use developments, co-working spaces, manufacturing units for industries, and commercial properties. Even though prices are constantly rising, Greater Noida still offers affordable land and buildings. Which is why, many industries have already shifted their businesses from other cities to Noida and Greater Noida.

Greater Noida is a prime destination where businesses thrive. One of the industrial property trends in Greater Noida is investing in its real estate sector, as the city has a robust growth trajectory and plenty of opportunities to thrive. Key factors, such as friendly policies by the Uttar Pradesh government and the various projects by the Greater Noida Development Authority, have attracted a large number of investors from all across the globe. This reflects the city’s potential to become India’s leading industrial hub.

Realated Blog: Commercial Property Trends in Noida

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