Noida (New Okhla Industrial Authority) is one of the few planned commercial townships in Asia. Aside from the industrial space, more than 20% of the terrain is filled by the Noida commercial real estate.
The Noida commercial home development is particularly spread over the sectors you to 6, 10 to 18, 16A (film city), 18, 51, 51 and 57 to 62. Several modern commercial techniques are also built-in the sectors like the twenty one, 28, 30 and thirty seven. Due to the increasing demand for Noida commercial real estate, many A grade commercial projects like Express Tower system sector 16A, Express Tower in Pipe Line and Logix Park of sector of sixteen are built.
Noida Commercial Real estate Market
Though the demand for Noida commercial house is slowly but surely increasing, the cost has been in verify due to the adequate supply. The commercial properties in Noida fetch about 10% g. a. while rentals on the capital value. Hence, the commercial house market is ever before booming.
Noida Office Space
The Indian and also the MNCs locate Noida to be one of the most desired locations. Actually the major anchor of the economy of Noida is formed by the IT & ITES. A lot of the IT businesses are located in the sectors up to 29, 57, 58, 59 & 60. As well, a large location in and around sector 18 contains huge business office complexes. Due to increase in THIS spaces in Noida, the city has widened to about 0. 79 Million sq ft resistant to the average demand of zero. 52 Million sq ft. Besides THAT, Noida is definitely soon learning to be a common talk about for distinguished BPOs.
Noida Retail Space
The sector 18 is a prime realtor mls database of Noida. You would locate high street outlets as well as giant malls. The shops can be obtained on lease and also on sale with the common size variety of 200 – 500 sq ft. The Great India Place developed by the Unitech Group is located in Sector 38-A of Noida. It is a section of the large entertainment city leisure park and hosts several brands like Globus, Shopper’s Stops, Pantaloons, Big Bazaar, Home Town, Life-style, Guess, Nike, Nike, Signifies and Gradzino and such.
Noida Industrial Space
There are much more than 7000 manufacturing units with an investment of Rs 15, 000 crore. The Noida Software Technology Park (STP) is accounted to be country’s second major export start. Infotech Area (ITP) uses up 100 quadrat of terrain and is thought to be the Epicentre of Noida’s industrial trend. The Noida Export Processing Zone (NEPZ) is completely export oriented unit and thewsandiegohotel perhaps the only landlocked export processing zone in the country.