Monday 18 February 2019

NOIDA- Lucrative Commercial Real Estate Investment

Noida being one of the largest planned industrial townships has undergone a complete transformation in the last few years. It's no more a stereotype industrial area, but a paradigm of India's growth as economic dominion.

The real estate in Noida is touching the sky, due to a large migration of people from Delhi. Properties in Noida is definetely profitable from the relative proximity to Delhi. First class connectivity of roads and other civic infrastructure makes it a good reason to invest here.

The commercial section in real estate is rising and demand for commercial office space on rent or on sale is picking up. Noida is undoubtedly, one of the most developed commercial hubs of India. Large number of IT companies in Noida adds to the value of commercial spaces here. Significant office spaces in Noida are located around Sector 18. Commercial spaces like these are given out to potential investors and are occupied by various corporate and IT companies. As per a research, the capital rates for Grade A building or premium commercial property in Noida varies from Rs. 8,000 to 17,000 per sq ft. and rental value varies from Rs. 80 to 150 per sq ft . Although, there is considerable shift in prices in Noida real estate calculated on the floor, location profile and availability.

Demand for office spaces in Noida is sky scraping and this is however the best time to make a smart investments.

No comments:

Post a Comment