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Why are employers preferring fully furnished office space for rent in Noida?

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Najeeb Ullah
Why are employers preferring fully furnished office space for rent in Noida?

When it comes to opening an office in Delhi & NCR, employers prefer getting a fully furnished office space for rent in Noida or Gurgaon. Although it is quite obvious that there can be only one winner. According to a report published in Financial Express, Noida has surpassed his cousin Gurgaon in attracting employers. In the first quarter of 2020, around 7,68,928 square feet were absorbed as office space in Gurgaon. Whereas, in Noida, this absorption figure was 7,34,530 square feet. This trend gradually changed and in the fourth quarter, Noida was leading the way by 2,99,248 square feet. In the past few months, many business giants leased their offices in Noida which includes names like Paytm, Microsoft, Yes Bank, etc. Let’s figure out the prime reasons that affected this shift.

 

  • Quality infrastructure that lures every organization

Primarily the most prominent factor of choosing a furnished office for rent in Noida is the quality infrastructure. Quality is a parameter on which no one wants to compromise and the other commercial places have to face a problem maintaining it well. For instance, in the rainy season, a majority of people suffer from the problem of waterlogging in Gurgaon which is not desired by an organization. A quality workspace will ensure the safety and convenience of employees. It in turn means a low rate of absentee and better productivity.

 

  • Availability of fully furnished office space

The other factor is availability. Noida offers various fully furnished workspaces with quality, whereas at other places, the supply of furnished offices is limited and organizations need to wait to get the allotment of the place. Waiting for a period of 3 or 6 months is not feasible for companies as the expansion of the team involves various steps and this waiting period may affect their planned cycle.

 

  • Competitive rentals

When it comes to checking the economic feasibility, then too Noida seems to be a winner. According to an observation, the rentals for such beautiful offices are around 40% lesser than the other places in Delhi & NCR. According to research, the average monthly rentals in Noida is around Rs 50-80/sq ft, whereas in Gurgaon, this range may be around Rs. 85-125/sq ft. You can get developer-owned as well as developer-operated fine furnished offices at unbelievable rentals. Moreover, during COVD when companies were struggling to manage their funds, Noida provided a sigh of relief to firms by lowering down the real estate cost without any compromise on quality. That concludes that you can easily get cheap office space for rent in Noida without a second thought.

 

 

  • Already retained several MNCs

This region of NCR is not an isolated part that can pose a difficulty for people in daily commutation. Many reputed IT & non-IT businesses are already packed in Noida’s radius, making it an amazing spot for other MNCs to look forward to this place for setting up a workplace for their team. Many organizations in several distinct domains like BPO, KPO, insurance, pharma, IT products, manufacturing, banking, etc. are keeping their eyes on Noida for finely furnished office spaces. The list of MNCs that already have their office in Noida starts with names like HCL, Sapient, TCS, WIPRO, IBM, and many more.

 

 

  • Strong connectivity across the capital

Connectivity plays an important role in making any location prime and Noida has great connectivity. One can reach the prime location via metro easily without being stuck in a jam. Even if someone plans to travel via road, Yamuna Expressway is an amazing option and helps in reaching the location in a short span of time. The entire Delhi is closely connected with Noida and making it an ideal place for work.

 

  • A hotspot for investors

Noida is also attracting many investors as apart from corporate space, this place has other required amenities like universities, schools, hospitals, etc. So many builders and individuals are willing to invest in real estate in Noida due to bright future prospects.

 

 

These were some of the reasons which are attracting employers, hence preferring fully furnished office space for rent in Noida. For amazing options in the range of office space, you can contact us anytime. We have helped many organizations in finding cheap office spaces which have strong infrastructural support.

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