Take a flight in Realty with Noida
In recent years, there has been an increase in demand for commercial property in Noida. Noida has always been a popular choice for property investors and buyers as one of the NCR’s hotcake. Despite facing close competition from other popular real estate locations such as Gurgaon, Ghaziabad and others, commercial projects in Noida continue to attract majority of property buyers. Real estate in Noida has traditionally been appreciated at a swift rate in the past. This is especially true when it comes to commercial properties. If you will upgrade the real estate, it will be more appealing for investment, increasing the value of your assets. Moreover, investing in commercial space in Noida Expressway has emerged as a safer option in terms of returns be it rental or sale/purchase. This is because the property provides monthly returns in the form of consistent cash flow from rent or higher resale value. This means that you, as an investor, are not entirely reliant on price appreciation for profit in the long run.
Noida has become a popular location for commercial property investment. The significant locations here are well connected to other popular regions via different expressways and the availability of the metro makes commuting easier for everyone. Noida has direct connectivity with Delhi, Ghaziabad, Faridabad as well as Agra and Mathura via the famous Yamuna Expressway.
The city is well equipped with social infrastructure as well as retail malls, restaurants, banks, reputable healthcare institutions and schools making life easier and more pleasant for those who live and work here. As a heavily inhabited location, it receives a large amount of foot traffic and thus, investing in commercial projects in Noida is an advanced option for high profits.
Noida stands out as a highly promising location with a significant residential presence, which enhances the advantages of commercial property owing to improving profits and decreasing the risks of vacancy. Such places generate strong demand for commercial or retail establishments, resulting in a large catchment area and excellent rental and capital returns. The recent inauguration of Noida International Airport (Jewar Airport) and announcement of film city on Yamuna Expressway gives a major boost to upcoming projects in Noida and Greater Noida.
From things mentioned above, one must have got the main reason behind the rise of commercial projects in Noida. After the pandemic surge, this is high time to invest in commercial real estate, especially in Noida, to get the best return on investment.