Monday 23 January 2017

Investment in commercial property in noida


Now buying the commercial property in noida is one of the best choices of investment, this is often owing to the increase within the marketplace for commercial property in noida.
 Nowadays noida is flourishing as a favorite hot destination for property. it is because of good infrastructure and healthy transportation facility. Fine connectivity to entire areas like Delhi and to surrounding neighbour states put it in the map of locations for investors. Some vital initiatives, like Delhi - greater noida expressway, Gurgaon- Delhi expressway , Residential, commercial value and last however not the smallest amount metro that gained and make the noida a famous destination. In recent time, the commercial property rates in noida are increased around Day. However, the residential property rates has also increased but mainly the investors have sustained this growth rate.

Noida has transformed into a modern centre for the entire leading company houses, BPO sector and IT & ITES industries in india. For the last number of months commercial property demand is increased manifold around 20 to 40 %. now this pace of commercial property demand in noida increasing day by day at a rapid growth. In past the scenario for property was completely different but now the things have changed. Moreover, such a drastic change is due to the non launching of commercial projects between the period 2008 and 2010. that is the reason, which brought of many recent projects. Around 65 % space has been set-aside in last 3-4 months. these days most lucrative commercial space is available elsewhere, that's the noida expressway. in addition, it's supposed to be faster selling for commercial properties in near future. For commercial space seekers, nowadays yamuna expressway and noida expressway is in the hot list. The commercial properties ATS Bouquet and jc world are in hurry to move in options available at noida ..


As the rates are concerned, there is large rise in rates. Property expert figured out that earlier Rs 2500 to Rs 4500 sq. feet price to get IT space, but now the rate has crossed around Rs 5600 to Rs 7000 per sq. feet. commercial space of 500 sq. feet cost around 30-40 lac. As per their analysis, investors are finding better returns on office accommodation. for small investors there is good chance for investment in workplace property. these days it has been increased in demand.