Why do best commercial property developers start investing in Greater Noida West?

Greater Noida West (Noida Extension) is the talk of the town, precisely among best commercial property developers and investors.

 

It is one of the fastest developing areas of NCR in terms of infrastructure and hence, it has attracted the attention of real estate developers who have launched a variety of the best commercial projects in Greater Noida West :

Bhutani Infra,
Gaursons,
Galaxy Group,
Paramount Group, and
ATS

are among the most popular best commercial property developers in Greater Noida West.

So, let us talk about a few reasons why Greater Noida West has gained so much popularity as the commercial real estate nerve center of Noida.


  • 1. Infrastructure

When it comes to physical and social infrastructure, Greater Noida West does not fall behind. A good look at this locality will show you wide roads, open spaces, ample greens, and smartly planned societies.

There are multiple residential projects in different stages of development which will house thousands of families. This will add to the footfall of commercial spaces in and around the area:

Reputed schools,
hospitals,
colleges,
malls, and
recreational centers add to the benefits of this location.


  • 2. Affordability

Though Greater Noida West is very-well developed, it is still counted among the affordable localities in NCR. Because of the high competition, developers are offering properties at very competitive rates to get an edge over the others.

Affordability is the main reason why commercial property investors show immense interest in the properties of Greater Noida West.


  • 3. Connectivity

Greater Noida West is one location that enjoys superb accessibility to Greater Noida, Ghaziabad, Delhi and all other prime locations of NCR. There is direct connectivity to Delhi via DND Flyway which is just 15 minutes away from the location. The distance of some popular locations from Greater Noida West is given below:

15-20 mins drive from Noida City Center Metro Station
15 mins drive to Noida Expressway
18 mins from the upcoming international airport in Noida
16 min drive to Gaur Chowk
Proximity to IT Parks and Knowledge Parks of Noida

why-do-commercial-property-developers-start-investing-in-Greater-Noida-West


4. Future Growth Prospects

The pace at which Greater Noida West is developing as an investment destination ensures that in the coming 10 years, it will be a huge success.

All the properties that are in their initial stages would be complete or nearing completion, which, of course, will increase the prices. Hence, the right time to invest in commercial property in Greater Noida West is right now.


5. Multiple Options to Invest

5.1 Seeing the growth trend in Greater Noida West and the support from the government to provide affordable residential housing options, a number of renowned builders have launched their commercial properties in the area.

5.2 The families living in and around the residential areas of Greater Noida West will surely be attracted to the top-notch commercial projects that are coming up.

5.3 For an investor, the options are not limited to office spaces or retail spaces, there are mixed-use projects and some premium projects to choose from.

All of these are offered by leading best commercial property developers of NCR.


Owing to so many benefits, Greater Noida West will surely continue to grow in the coming years. So, if you are thinking of making a commercial investment, you must consider the properties of Best commercial project Greater Noida West.

However, you must do your research so that you put your money in properties that would get your high returns in the form of profits as well as rental income.

Invest Through These 5 Filters in Noida’s Ripening Commercial Realty Market

Noida’s real estate market is in the spotlight for all the right reasons. The district is the toast of the market for both best commercial property and residential developers for a plethora of reasons.

Noida has witnessed the launch and completion of numerous projects in the past few years;
some have met limited success or
a halt in development as well.

‘Choices, choices’ is the apt reaction to the Best commercial property in Noida Extension / Expressway right now because it’s filled to the brim with lucrative purchasing prospects.

But, Noida continues to thrive in the realty scene as the most celebrated set-piece of the National Capital Region property market.

How to choose which is the best commercial property in Noida?

So, the question that remains, is how to choose a commercial property that pays off dividends as Noida continues to prosper? Well, here’s how you can handpick a property to invest in:


1. Development:

Employ your employees, hunt the internet forums and follow word-of-mouth trails to find out which developer is progressing on their committed projects.
Developers who have a good amount of funding, architectural vision, and customer-centric amenities in their projects are right as rain.

Developers who work intermittently to progress their projects or failed to advertise their projects are red flags.
Look into the developer’s past projects, their RERA compliance or the lack thereof, etc.


2. Architectural Planning:

The leading commercial property developments in Noida are offering skillfully drafted towers that combine commercial retail spaces and office spaces. Competition has enabled developers to invest time and brain behind the designs.

However, one must look behind the aesthetics as well. Pay attention to features such as sustainable design, eco-friendliness, RERA approval, financial and urban viability of the design and as such.


3. Connectivity:

Connectivity is the key if you want an investment that bears fruit. Rather than buying a commercial space in a hitherto random project, you should look for the projects that are connected to the key commercial and shopping districts.

Nearness to the central business district is crucial, as is transport connectivity, proximity to the airport, railways, and as such.

how-to choose which is the best commercial property in Noida

The Noida Expressway and its adjacent areas, for instance, are very much in demand. As is commercial space in Sector 18.

The upcoming metro rail projects play a big role in deciding the viability of the commercial developments brewing in Noida today. The FNG Expressway is another important road; buying a plot close to it will be beneficial in the long run.


4. Cost-effective Pricing:
Make sure that you are paying the right price per sq. ft. when you start casing commercial spaces coming up in Noida’s most anticipated projects.

The price per sq. ft. is lesser in Noida, then in Gurgaon for that matter, regardless of how coveted real estate is in Noida.

So, make sure you are paying the right price per sq. ft.


5. Urban Development:

When choosing projects, you have to be careful enough to handpick one that returns good value on investment.

As mentioned above, in Noida, there are as many successful projects to choose from, but there is a percentage of projects that may turn out to be a dud, further down the line.


Look for commercial units available in Noida’s upcoming shopping malls. Developers are combining commercial retail and office spaces for increased exposure.

Best commercial property in the Greater Noida is especially of value because of the recently sanctioned airport coming up in Jewar. The connectivity to the metro railway matters as well.