The expanding infrastructure and solid commercial base have paved the path for residential as well as commercial real estate boost in Greater Noida West. In the entire NCR area, Greater Noida is the most recently recognized area. The comprehensively growing popularity is what lures potential real estate investors. Along with the impressive residential sector, even the commercial developments are reshaped unlike ever before. A modern well structured commercial office space is a primary requirement for organization growth. To get more details on the factors contributing to commercial development in the area, keep scrolling and reading further.
The development in both the residential and commercial sectors of Greater Noida West is dependent on each other. Simply put, one segment is leading to the expansion of another one. The area is emerging to be the most dedicated home buying region in NCR (National Capital Region) and witnessing an impeccable boost in the commercial or residential real estate demand.
Strategic Market Locations
There are basic two ways how commercial properties generate revenue sources. One is via lease and the other is through capital appreciation. Both of these majorly rely on the project area and nearby locations. Greater Noida West has emerged as one of the highly suitable commercial hub locations. The proximity of the Taj Expressway and Eastern Peripheral Expressway (EPE) are contributing significant value to the place. The well-versed housing market boosts the chances of higher ROI from project investments. Along with market stability, the place has even a plethora of growing residential opportunities.
Corporates’ First Choice
In recent years, Greater Noida West has become the foremost choice of corporate investments. The reasons for the same are high-quality infrastructure, connectivity, educational institutions, safety standards, and next-level planning. With its ease of transportation and connectivity with other NCR areas, running a business and hiring manpower is facile and affordable for corporations. The infrastructure in Greater Noida West is getting multi-fold growth in the current scenario. The number of growing projects is fueling the wide scale of popularity in the area. The future commercial centers planning is also solid proof of it giving tough competition to the already flourished areas like Delhi, Noida, & Gurugram. Thus, it wouldn’t be surprising if Greater Noida West is seen to be dominating with the flooded commercial infrastructures.
Lower lease rates
Greater Noida West comes with variable lease rates ranging from Rs. 25,000/month to Rs. 40,000/month. These are highly reasonable when compared with Delhi and Gurugram rates of Rs 50,000/month to Rs. 80,000/month. The rental prices can scale up to Rs. 1 lakh/month as per the construction project features and amenities. Although the investment prices are quite low in current times, the same might spike to 10-15% shortly.
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Demand vs supply
One of the crucial reasons why commercial investors are preferring Greater Noida West is the higher returns. Numerous residential projects in multiple sectors are either in progress or in the plan for future years. Thus, there is no doubt that the place has got huge growth prospects. In addition, the place has a scarce supply of commercial developments that gives an upper hand to early investors. Since the Greater Noida West market is a developing one, the property rates are relatively low as compared with other leading commercial hubs like Delhi & Gurugram.
Infrastructure developments underway
The smooth connectivity of Greater Noida West has a lot of perks. The same standards are likely to grow with the further development of Jewar International Airport. The extension of NMRC (Noida Metro Rail Corporation) to Greater Noida through Aqua Line would be capable of boosting the area connectivity.
Golden-I - Largest Business Hub In NCR Region
Golden-I is an exceptional Retail & Commercial Services hub located in Greater Noida West. A Vaastu-oriented designed project brings world-class architecture, management, and location for diverse commercial benefits.
With the unstoppable potential of Greater Noida (West) in real estate and commercial hub, the Golden-I is set to be the biggest cultural hub with Expo Centers, Business locations, Corporate Suites, Banquet halls, and much more. It is taking care of every upcoming future trend and feature.
The Golden-I project has got the perfect location near the metro station and over a thousand acres of residential land. It is a surefire prominent Shopping & Business growth landmark in the entire NCR region.
