Noida, the New Okhla
Industrial Authority, is one of the fast growing cities in India. In addition
to the industrial space, more than 20% of the city is occupied by commercial
property. Delhi is increasingly becoming crowded over the years with people migrating
to the capital region in search of better educational facilities and
professional growth.
For this reason, the city has
now become all the more expensive and jam-packed. Though the capital region
homes some of the best educational institutions such as JNU, IGNOU and Delhi
University, it is slowly becoming deplete of housing resources for the common
man and to top it, the transportation costs and rent has significantly
increased as well.
Most of the office space inNoida and commercial property development is spread over sectors 1 to 6, 10 to
16, 16A (film city), 18, 51, 51 and 57 to 62. Several contemporary commercial
avenues are also in its way to completion in sectors 21, 28, 29 and 37. Now
many Indians as well as MNCs find Noida as one of the most preferred locations
in the NCR with several IT companies well placed in major commercial sectors numbered
as 29, 57, 58, 59 & 60.
Flats in Noida benefit from
its relative proximity to Delhi. Excellent network of roads and other
infrastructure make up for a good option to reside in. Also many prominent
names in both the domestic and international hospitality sectors are in the
process of initiating exclusive projects in Noida. Hence, if you are looking
forward to making an investment in residential or a commercial property then
now is the time and Noida is the place to opt for as flats in Noida and officespace in Noida are in great demand at the moment.
A large area in and around
sector 18 also homes some of the most renowned office complexes making it an
alluring option for job seekers. Besides being one of the top IT hubs, Noida is
also becoming a common address for several renowned BPOs. The city has
undergone a complete transformation in the past few years and is no longer a
stereotype industrial area, but an archetype of India's growth as an economic
superpower.
