The growth of Noida in the commercial sector is being increased day by day. A lot of companies are looking to expansion in the nearby areas. In this regard, Noida is a great proximity to New Delhi which help to boosting its investment options. In fact, it is due to IT companies that increases the value of Commercial space in Noida. The immense demand for commercial property makes this the perfect time for investments in Office Space Noida. Real Estate experts say that there will be a bigger growth in upcoming future. In India Noida is one of the demanding city which is perfect for office space in noida.
As now a days each and every one wants to expand one’s business and they are opening more and more offices. So, the main fact is which location is best. There has been a considerable rise in the demand for commercial space. As any company want to look office space. This is where Nodia comes into the picture.
Okhla Industrial Development Authority or Noida is being a good location by many companies for their new offices. India is getting an important role in IT Sector of the world. So Noida is steadily developing to become its main operational center. Thus there is an obvious rise in demand for Commercial Office Noida
The main thing about Noida is the efficient planning with which it has been built. 20% of the total available space is used for commercial purposes apart from the industrial usage. This attracts not only Indians, but also multi-national companies. As stated before, IT forms the backbone of Noida economy. The commercial office space in Noida is spread across different sectors. Sectors 29, 57, 58, 59 & 60 are home to most IT companies. Sector 18 is also has many offices.
According to research reports, the capital rates and rental value for different buildings in Noida are as follows:
Grade A building or premium commercial properties from Rs. 8,000 to 17,000 per sq ft. The rental value lies between from Rs. 80 to 150 per sq ft
Grade B buildings, which basically include all local offices from 8,000 to 15,000 per sq ft. The rental value is 80 to 120 per sq ft.
There are differences in prices with changes in location, floor and availability. There are expressways and flyovers which are well connected to Noida, Greater Noida, Delhi, Gurgaon, Agra and other places. As property prices are being increased, so investing in Noida Property will leap you high profits later.