The New Okhla Industrial Development Authority (NOIDA) has ranked at the top of the real estate books in North India. A city that started as an industrial hub and the neighbor of the capital city, Delhi, is now among the most sought-after real estate investment destinations. Of late, commercial property in Noida is the hottest investment opportunity for you.
There are several factors that have contributed to this. Let us see what these factors are:
- Strategic Location: Noida sits right next to Delhi and is also easily accessible from Ghaziabad.
- Robust Infrastructure: Over the years, infrastructure development in the Noida region has put it on the real estate map. Noida Motorway, DND Flyway, and other networks of roads make Noida a wonderful investment destination.
- Affordable Prices: Though development has been going on in Noida at a rapid pace, the prices are still affordable for many. This again makes it good for commercial investment.
- Rental Yields: Rents in Noida are pretty competitive, especially in the commercial real estate market.
Now that Gurgaon is becoming a tough market to own an office in, many small companies are leasing office spaces in Noida and its peripheral regions. This has increased the demand for commercial property in Noida. There are office spaces, retail spaces, and malls where you can buy a piece of property and enjoy excellent returns in the form of capital appreciation as well as rental yields.
At Geetanjali Homestate, you can find a whole range of properties in Noida from some of the leading developers.
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