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Why is Noida the most preferred destination to buy ready-to-move-in office space?
Noida has been rapidly growing as a business hub among the investors looking for attractive yields. Over the years, Noida has emerged as the most preferred destination for premium office spaces due to its strategic location, availability of a skilled workforce, and robust social infrastructure.
For those seeking premium office space for sale in Noida, this location offers a diverse range of office space to suit various budgets in the most sought after locations. Whether you are looking for long term capital appreciation or attractive rental yield, Noida offers lucrative investment opportunities.
Additionally, if you are looking for office space for sale in Noida, the cost is comparatively lower than the average price in other parts of the NCR, making it a preferred choice among the investors. Noida is touted as the IT hub that has the presence of renowned MNCs and leading corporate giants. Location plays a crucial role when investing in office space; therefore, people consider a more lucrative option that promises high capital appreciation. Over the years, office space rates in Gurgaon and Delhi have skyrocketed, making it increasing challenging to invest in premium office space.
In contrast, a fully furnishedoffice space for sale in Noida is a more budget-friendly option for big and small companies operating in NCR. The soaring rates in other parts of NCR have resulted in a rapid increase in demand for office space for sale in Noida.
Noida has undergone tremendous growth owing to infrastructural development, excellent connectivity, affordability, and other factors that have transformed it into a thriving commercial hub.
Let’s delve deeper into why Noida is the top choice among the investors looking for office space.
Robust infrastructure
Noida has presence of ample office space with state-of-the art amenities, dedicated parking space, lush green parks and security system. The business friendly infrastructure like conference rooms, meeting rooms, pantry, canteen makes it a feasible option among the entrepreneurs and corporate giants looking for an office space that will not only improve the productivity but also makes it a favourable space to work.
Moreover, proximity to pharmacy, convenient store, banks and shopping centre makes it more accessible by the employees. Whether you are looking for an office space for rent in Noida or a fully furnished office space for sale in Noida, the location has ample commercial space in every budget.
Rental potential
One of the significant reasons for investing in office space is the rental yield it offers. Post-pandemic, there has been a significant shift in demand for office space for rent in Noida due to the competitive prices, strategic location, and well-developed infrastructure. Undoubtedly, Noida is generating high demand for office space as it offers excellent capital appreciation and rental potential.
Furthermore, the ongoing government initiatives like promoting ease of doing business and industrial development are the catalyst in growing Noida’s economy. Property owners who want to rent out their property can expect competitive rental income.
Strategic location and connectivity
Noida is strategically located in the National Capital Region, offering seamless connectivity to Delhi and other major parts. This makes Noida the most preferred destination among the businesses seeking prominent markets where they can set up their base. Moreover, Noida comprises a robust infrastructure, excellent road networks, and metro connectivity. Noida’s seamless connectivity to Yamuna Expressway and Noida Greater Noida Expressway has further propelled demand for office space.
Booming IT sector
Noida is touted as the major IT hub of the NCR due to the presence of IT parks and renowned software companies. Post-pandemic government’s initiative for infrastructure development and new policies for businesses has contributed to a surging demand for IT companies. As these companies plan to expand their operations, they look for office space for sale in Noida to accommodate their workforce.
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