Assotech India

Emerging Investment Hotspots in Noida

Posted Date:- 31 May 2016 Emerging Investment Hotspots in Noida If there is one word that can describe the growth of Noida in the past 39 years it has to be phenomenal; the erstwhile trans-Yamuna neighbouring place of Delhi is now a prominent hub for real estate with growth witnessed in IT, education and industries. Noida is probably one of the biggest planned industrial townships of Asia. One look at the prominent commercial projects in Noida Expressway and you will find that places like Assotech Business Cresterra, strategically located on the noida expressway are connected by all modes of transportation. Moreover it is just a few minutes way from the proposed metro station Metro Station; the positional advantage makes it a worthy place for investment. You can take an 18 minute drive from Sector 18 in Noida, a 30 minute drive from Connaught Place and a 45 minute drive from New Delhi Railway Station to reach this place.

A few years back, top developers and builders introduced a number of prestigious residential projects in Noida. But recent study has shown that it is not just the home-buyers who are getting attracted towards this region. Big business houses, start-ups and even prominent developers like Assotech Realty are contributing to the growth and development of this region. The availability of office spaces at lower rents as compared to Delhi and Gurgaon, and the excellent infrastructure are alluring people towards Noida. In 2015, alone, Noida has witnessed a bulky absorption of 1.2 million square feet of office space.  Among some of the new projects in Noida Expressway, it is difficult to miss Sandal Street. This innovative layout which is designed to give people a unique shopping experience is still under construction; however the place holds great promise with a partially open food court and a huge retail space meant to accommodate almost 177 shops will be indeed worth experiencing.

Many prominent multi-nationals and even mid-level businesses are expanding their operations in Noida; the cheaper rentals and large floor plates in comparison to Gurgaon are reasons enough to shift the location. Affordability along with ample deals is working great for Noida. The ways the companies are setting up their base in the region are also directly contributing towards the employment surge of Noida as well. It is worth knowing that the annual appreciation of property prices in Noida is almost 30%. Let’s take a look at one of the best commercial projects in Noida expressway. Tradex Tower I & II is one of the prominent buildings in the Greater Noida Commercial Business District. This popular shopping-cum-office complex is indeed one of the prominent commercial spaces in the region.

Another important factor which is helping the growth in the region is the emergence of Noida-Greater Noida Expressway. This six-lane highway will connect Noida to Greater Noida which is another emerging hub. There are about 40 sectors which are planned along this zone. The creation of this expressway along with the promise of new infrastructure facilities will definitely contribute to the development of this area.

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Established in 2002, Assotech Realty Pvt. Ltd. completed its first commercial project next to the Greater Noida Golf Course - Tradex Tower I & Tradex Tower II, which were followed by a series of highly acclaimed residential projects in the real estate market such as Windsor Park, Spring fields, Elegante, Cabana, etc. Since then, the company has made a conscious effort towards continuously raising the bar - every time delivering a better product while maintaining to grow vertically over the years.

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