Demand for quality office space in Noida is at an all-time high. Grandthum , a commercial project coming soon with new heights. Investing in grade A office infrastructure can become competitive if you are not in a position to raise your prices to outbid others. Firstly, buying office space in Noida cannot be a snap-decision. Buyers and investors need to bear certain criteria in mind prior to investing in office infrastructure in Noida. Factors such as road connectivity and proximity to metro railways should contribute to this decision. What to look for when buying commercial office space in Noida extension? Key factors that you must bear in mind when purchasing office infrastructure in Noida, are: Take a good look at the builder’s portfolio to find out if they are credible or not. Location of the project is important; as mentioned above, if it is office space that you are looking to buy then you will have to consider whether the site can be accessed from anywh...
India’s GDP is expected to grow at 7.2 percent in the current fiscal year, as per the forecasts released by the Asian Development Bank (ADB). What does it mean for the office real estate sector ? This simply means more demand for office real estate across cities. If research studies are to be referred, it is believed that with a growth rate of 7 percent, there will be a need for an additional 12 to 15 percent office real estate each year. The growth in the Indian economy will mainly be driven by the services sector, which requires office space. A sustained growth in the sector will translate into more hiring and this means that more office real estate will be required to accommodate more number of people. How does Noida office real estate market be impacted? In the recent years, Noida has surpassed all expectations of real estate investors and end users. The Noida-Greater Noida Expressway belt is faring quite well in particular. This belt is decongested and free of traffic sn...