Investing in Excellence: High-End Commercial Properties in Noida Extension

By: Pawan Sharma, MD, Trisol RED

Noida Extension, now known as Greater Noida West, has undergone a significant transformation, emerging as a pivotal hub for urban development. The region’s redefined modern living standards, state-of-the-art infrastructure, and innovative projects have set a new benchmark. In terms of commercial real estate development, the area’s unprecedented growth has made it a highly sought-after destination for businesses and investors. This transformation is a testament to the region’s strategic foresight, promising an elevated lifestyle for residents, businesses, and investors.

Noida Extension is well-planned in various aspects. Situated near Delhi and key hubs like Noida and Greater Noida, the area boasts a series of infrastructural developments, such as the highly anticipated Jewar Airport (Noida International Airport) and the proposed film city along the Yamuna Expressway. These developments are set to catalyze commercial growth in the area and strengthen authorities’ confidence in the area’s growth trajectory. Hence, Noida Extension stands as an epitome of progress and prosperity, further encouraging vigorous investments.

Moreover, the Greater Noida Industrial Development Authority (GNIDA) board recently approved a proposal to raise land allocation rates by 5.3% for the 2024-25 fiscal year. Citing the region’s robust growth with infrastructural marvels in the pipeline, including the upcoming Greater Noida West Metro, a Multimodal Logistics hub, and a dedicated Transport hub, this approval will impact commercial real estate prices and Greater Noida and Noida Extension’s overall growth. The new rates will apply to industrial, residential, commercial, institutional, and builder plots. Further, with the board introducing an increased 0.2 Floor Area Ratio (FAR) for commercial properties within 500 metres of the proposed metro route connecting Noida to Knowledge Park-5 in Greater Noida West, it will potentially lead to denser development around the metro corridor. Thus, these decisions will likely impact the real estate landscape of Noida Extension and Greater Noida, shaping the region’s future development and reinforcing its potential for sustained growth.

Furthermore, the region’s appeal, enhanced by its unparalleled connectivity, plays a pivotal role in its ascent. The robust network of roads and highways, coupled with proximity to the Delhi-Metro network, has significantly enhanced accessibility. This connectivity not only facilitates the daily commute of residents but also makes Greater Noida West an attractive destination for businesses looking to establish their presence in the NCR. The region’s allure, enhanced by the accessibility, has invited various high-end retail and commercial properties, creating employment opportunities and fostering economic growth. Along with the thriving commercial landscape, the region also brings a surge in the demand for residential properties with modern amenities, catering to the evolving lifestyle preferences of homebuyers.

Thus, with its strategic location, robust infrastructure, and burgeoning commercial landscape, Noida Extension is becoming a coveted investment destination in the NCR. Investing in high-end commercial properties in Noida Extension is a strategic move for those seeking growth and premium business environments. With numerous opportunities available, now is the time to explore the potential of Noida Extension’s commercial real estate market and make a smart investment that promises substantial returns backed by the region’s unmatched infrastructure.

** Views expressed in this article are author’s personal and do not reflect the opinion ‘Realty & More’.

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