If you are planning to expand your business, you will need commercial space for setting up of new unit. Good news for you is that commercial segment of the real estate is blessed and commercial office space is so much demanding that it is also available on rent or on sale. The process of stabilization has started since last few weeks. ATS Bouquet Sector 132 Noida can be a good investment opportunity for an investor looking for office space for rent in Noida.
The company that was in little confusion last year and are now confident about their decision of business expansion. Only they are looking for a suitable place. As per study of a reliable source, in year 2009, around 4 to 5 million square feet of the commercial space was available in the first quarter. It was much higher than the fourth quarter of 2008.
There is no doubt regarding the fact that Noida is hub of most developed commercial area in whole India. The increasing number of offices, as well as mall complexes, has also raised the scope for residential properties at Noida. Since some years back, because of proximity to east Delhi, Noida was not as developed as Gurgaon. India is emerging as IT hub of the world. Noida is the main center of operations of India that created huge demand for commercial property for rental office space in Noida.
With future projects related to IT complexes, malls, and multiplexes, Noida is moving towards unprecedented growth in the commercial arena. There are several companies located in metropolitan regions, looking to open their outlets in Noida. This city attracts several corporate offices just to invest their funds in commercial space because of its nearness to Delhi.
Due to the presence of multiple IT companies, Noida leads to increase in the value of commercial spaces. You can find most of the office spaces in Noida around Sector-18. Such commercial spaces are available on rent and are also occupied by several corporate as well as IT companies.
There is a great demand for commercial properties in Noida and hence one can invest with closed eye in this prosperous place as you will never be in loss. With its world-class infrastructure as well as facilities, commercial properties in Noida are most preferred. Noida is one of the most planned industrial townships found in Asia. Apart from industrial use, also there is twenty percent of the entire space available used for commercial purpose and seeking development.
One of the best factors is that commercial office space found in Noida is spread around many sectors and are not gathered in a single region. Sector 1 to 6, 10, 16, 16A, 18, 51 to 62 are few hit sectors of Noida. One the other hand, there is number of commercial avenues in the form of sectors 21, 28, 29 and 37. ATS Bouquet Sector 132 Noida is a popular place that offers commercial space for commercial purpose.
Such sectors are highly popular as they possess commercial resilience and are close to the Capital of India. These are one among the posh areas for living.
Because of emerging demand of the market, there are many Grade ‘A’ buildings that are developed like Express Tower. There is number of premium developers who are there with gorgeous residential and commercial properties in Noida.
The good quality retail spaces in Noida are usually dependent on Sector-18, Sector-61, and Sector-24. There is a big project which is developed under Corundum Building in Sector-62 that can accommodate around 300 to 400 shops under it.
There are many premium commercial complexes found in Noida like Ocean Complex, Ocean Plaza, Vishal Chamber, Ocean Heights, JOP Plaza, Krishna Apra Plaza, Ansal Fortune, etc. are situated in Sector-18. These are most lively markets of Noida. The first and second floor of such markets are the banks, insurance companies, real estate builders as well as agents. Also, you can find office space for rent in Noida for professionals like lawyers and chartered accountants here.
The prices can be variable with the location. A sector which supports the high-quality commercial space possesses high prices. Likewise, the sectors that cannot offer much commercially have low price.
The property values for Grade B buildings such as Ansal Fortune Arcade, JOP place, commercial plaza, etc. usually vary from Rs.8, 000 to Rs.15, 000 per sq. ft. just for buying and 8- to 120 sq ft on rent. There is great variation in the prices of Noida real estate that may depend on the floor, location profile and variability, etc.
Thus, Noida has a lot to offer its residents and also to people looking for buying or leasing the commercial property found in Noida. Just because of improved infrastructure, great connectivity via DND Flyway and forthcoming Metro, Noida can be seen as commercial gateway of India.
There is number of investors who would like to buy the commercial properties which are going to give them great returns in future years. There are many big construction houses making their presence in the area just by establishing some new projects and providing all kinds of facilities for the buyers. It is done to encourage buyers to start using their space as soon as possible.
