NCR is developing at an aggressive rate and especially in Noida. According to past observations, it is the most preferred destination for getting a fully furnished office space for rent in Noida. The rental of this place is quite budget-friendly when compared to other places in NCR. Such facts and trends clearly depict that Noida is emerging as the most-liked commercial hub in Delhi NCR. Let’s dig deeper into the reason behind this shift with facts.
- Entitled as the most affordable tech hub in the capital
As we have discussed the rentals of Noida is competitive and hence it makes this place as the most economical commercial area. The average rental of this area is around Rs 57/sq ft. The quality infrastructure at such an affordable price has encouraged many businesses to move in and set their offices. The demand for furnished offices on rent in Noida made this place the second largest place for commercial purpose after Hyderabad. This place covers around 20% of the total share of the lease amount (when considering commercial hubs). The prime reason behind this high percentage may be due to large deals cracked in the past few months. According to experts, these organizations will willingly remain in this area due to the high rate of infrastructural growth. Although Gurgaon is also in this race, Noida is more affordable than Gurgaon.
- Infrastructural development with connectivity
The hero of Noida’s success story as a commercial hub is the high growth rate of office spaces in a well-planned area and strong connectivity with nearby places. One can travel to Noida by private as well as public transport easily. The Delhi metro connects all the prime sectors of Noida, helping people to travel from any part of the capital to Noida. Moreover, one can also drive on the Yamuna Expressway to reach any part of the Noida in the shortest time possible.
- The interest of the investor in real estate
Seeing the projected demand for fine furnished office places in Noida, many developers are seeking this place as a gold coin of investment. It is the reason why every day you get the chance to see some ads of development projects of apartments and commercial towers. Buying and leasing real estate in Noida can be a wise decision as it will result in long term profits. One can invest in the underdeveloped or developed area as the entire district is developing at a high pace. Being a commercial hub, it is well equipped with restaurants, malls, universities, etc. and many people will be willing to move in as an individual or business.
- The paradise for employees
One can get cheap office spaces for rent in Noida without taking many efforts. But the cost does not clash or deteriorate the quality. The layout of the office space is well planned and equipped with all modern amenities. The size of the office space is spacious with enough ventilation. On an average, the size of the building may range from 500-1500 sq ft. The interiors are designed according to present trends, i.e, vibrant & elegant at the same time. Moreover, these offices can be operated 24/7 without getting any sense of insecurity. Almost every commercial building has an external food court like Subway, Domino’s, café, etc. that lits up the entire place with life. For leisure time activities, one can also spot some malls and movie theatres so that chilling after office time with colleagues is easier.
As the percentage of demand for office spaces in Noida is increasing day by day, it is now known as the new commercial hub in the capital. As Delhi is getting affected by overpopulation and pollution, employers are seeking to set up an office in a greener place like Noida which is surrounded by a heavy green belt. The connectivity and quality infrastructure work like some cherries on the cake for them. Moreover, cheap rentals have not only attracted big shots, but also startups.
If you are also looking for fully furnished office space for rent in Noida, then you can drop your inquires via email or call. We are associated with many developers, and hence you will get numerous options for your business. You can choose an entire floor for office space or co-working space according to your requirement & get great deals on long-term lease or purchase.
