With the substantial expansion in its real estate sector, Noida has grown to become Uttar Pradesh's financial center. Because it is part of the NCR, a large number of people from Delhi, Gurgaon, and other nearby areas are interested in purchasing property in Noida. Furthermore, the State Government is working hard to make Noida an ideal industrial center in India.
To complete the Government’s ambitious plans for development in Noida they have a “Master Plan 2041” which is expected to be developed in 4 phases. In Noida, the potential for commercial real estate is likely to rise in the next few years.
According to Mr. Bhupesh Nagarkoti, VP, EON Fairfox, among the three investment locations of Central Noida, Noida Expressway, and Noida Extension, Noida Expressway is the most attractive as the expressway serves as an economic growth corridor. There are numerous residential, commercial & institutional projects along the expressway. Sectors 140 and 142 are the most favourable for commercial investment. Retail & commercial office spaces are in high demand. As demand surpasses availability, supply is being absorbed at a rapid pace.
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23 авг 2024
