An Outline of Recent Commercial Property Trend in Greater Noida

Author: Kyla Sharma

Greater Noida located in Uttar Pradesh is an integral part of National Capital Region or NCR. It is situated in the south-eastern fringes of Delhi. Over the years, this area has turned out to be the hotspot for real estate investors and developers. Owing to this, there has been an expansion in the boundaries of the NCR. Rapid infrastructural development and influx of migrants has led to improvement in real estate arena. With the surge in commercial and residential projects, the area has transformed into a futuristic and well-planned city. Today it is one of the most sought real estate destination.

Different infrastructural development

Today Greater Noida has turned out to be an important city in the arena of real estate. The main hub of this city is around Yamuna Expressway. This highway connects Agra with Delhi and aims at reducing the travel time. Along the expressway an F1 circuit, Sports City and knowledge parks have been constructed in last few years. Different realtors now consider places adjacent to the expressway a perfect destination for commerce property investment and Upcoming Projects on Yamuna Expressway as it is located near Delhi and citizens can travel to and fro fast from workplaces.

A commercial hub

Now, Greater Noida is considered to be one of the most important commercial hub and industrial area. There is a constant demand for commercial properties here owing to a host of reasons. The most important reason being its proximity with national capital. Various ITES and IT companies have set their offices in this region. In fact, there has also been a surge in lease and investment in commercial spaces in various pockets adjacent to the expressway. Good connectivity is a major reason for this development.

Equipped with modern facilities

Various commercial infrastructures in Greater Noida are equipped modern amenities and facilities. This region is counted among the fastest growing region in terms of commercial and residential property investment. Rapid growth in this sector has attracted investors from different corners of the country for Residential Projects in Greater Noida. Less congestion on roads and pollution level have attracted the end users. The recent infrastructural breakthrough that has created a mark is free Wi-Fi connection along expressway. So, investing in commercial property here will assure high ROI.