With more and more urbanization
continuing there has been a tremendous rise in the commercial growth. Noida
(New Okhla Industrial Development Authority) as the name suggests has emerged
as the epicenter of commercial activities and lately has become the most
favorite choice of those wanting to invest in real estate. There are various
multiplexes, shopping complexes with all the leading brands, various
International level educational institutions, Hospitals and medical centers and
Apartment buildings in here. Many more are still on the way to progress and are
already under construction.
All the infrastructures of the
commercial arena that make an economy sound are prevalent in Noida. Noida
witnesses the presence of IT Companies mostly located in the sectors 29, 57,
58, 59 and 60. Also, a huge area in and around sector 18 consists of large
office complexes. There are a number of malls also that form the highlight of
the city chief being The Great India Place in sector 38, Centrestage Mall
sector 18, The Spice World mall in sector 25 A, Shopprix Mall in sector 18 and
Atta market in sector 18 which forms the oldest and busiest shopping location
in Noida.
As far as purchasing/renting properties
for commercial basis is concerned there are various options to choose
from, as the entire belt from Noida to Greater Noida, Noida Expressway, Noida
Extension and Yamuna Expressway offer a variety of Residential Projects in
Noida at different locations and different price range along with other key
factors customized to suit the end purchasers needs.
The growth prospect of this area
seems to be very promising. Although the area has seen a vital growth in the
past few years but it has a lot more to offer. The commercial potential of the
place is yet to be explored to the optimum and there will be a great boom in
its economy in the coming years. And even though the demand for Commercial
Property in Noida is gradually increasing, the price has been in check due to
ample supply.
Regarding commutation the city is
located in the Banks of river Yamuna, providing scope to Delhi Office goers to
have their residence here, and a 15 minutes drive will make one reach to Hazrat
Nizammuddin Railway Station and 35 minutes drive shall take one to Indira
Gandhi International Airport from Noida. Noida is also connected to Connaught
Place, which is the heart of New Delhi via Delhi Metro having its route passing
through Barakhambha Road, IP Estate and Akshardham Complex. The Delhi Metro
also connects Noida to Vaishali via the Yamuna Bank interchange station, with
further expansion plans in line to reach Greater Noida.
Although there is no railway
station located within Noida, Hazrat Nizamuddin Station of New Delhi, Ghaziabad
and Anand Vihar Railway stations are quite closely located. To reach from Delhi
to Noida via Road there are three main expressways, the DND Flyway,
Noida-Greater Noida Expressway and Yamuna Expressway.
Ravi Chauhan writes on the behalf
of Globalncr.com,
which is the leading real estate portal providing genuine and accurate
information about the current real estate projects such as Lotus Sports City.
Find more details about Lotus Sports City on Globalncr.com