Recently commercial property in Noida are on Boomed. As we also know investing in real estate is high in demand due to good returns.
The current market value of commercial property in Khan Market is Rs 13,500 per square foot, while in the inner circle of Connaught Place it is approximately Rs 11,000 per square foot. Commercial property costs around Rs 100,000 per square foot on Linking Road in Mumbai, while it costs Rs 96,000 per square foot on Colaba Causeway.
According to Bhutani Cyberthum price, a rent of Rs 45,000 per month, i.e. at least Rs 1,500 per square foot per month is required to cover the opportunity cost. Other shops put up for auction also attracted active interest from buyers. The booking price in some stores was 43,000 rupees for him, but he also received offers up to 1,000 rupees like Orion One32 is one of them,, said Vipin Gaur, general manager (commercial) of Noida Authority. He added that 106 stores in different sectors of Noida are up for auction. Shops in Sector 53 received the most interest from buyers. About 13 of the 26 stores are in Sector 53, and officials have received 170 of his bids.
End User-Driven Market:
Noida properties are seeing increased end-user participation. This Mahagun Medalleo is attractive to end users primarily due to its location and sound infrastructure support for roads, water, and electricity.
Location & Connectivity:
New Okhla Industrial Development Zone (Noida) is the largest well-planned, integrated, modern industrial community near the National Capital Region (NCT). Connaught Place is 14 km away.
Micro markets attract investments from South and East Delhi due to easy access to Noida from these parts like Paras Avenue is one of them.
In addition to Delhi, Noida is also looking at investors from App's micro markets including Meerut, Ghaziabad, Sonipat, and others.
Plan:
.Of the total area, about 430 ha is allocated for residential development, 620 ha for commercial development, and 650 ha for industrial development.
Noida's main commercial center:
The main commercial and retail center is Sector 18 Noida and there is currently very little commercial space available in the area. However, there are currently several projects underway to complement this offer. Other sectors such as sectors 50, 51, 53, 100, and 107 are also doing well in the commercial real estate segment.
His IT/ITeS sector at
Noida Expressway is expected to grow due to its relative affordability and the availability of project Paras Avenue larger floor tiles. Due to the greater availability of larger floor panels in IT-SWZ, multiple companies are planning to move him to IT-SWZ.
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