The
rise of Noida has been spectacular to say the least. Once a desolate
outback of Uttar Pradesh, today it is known as the IT Capital of NCR
and has the richest per capita income within the whole of the
national capital region.
Located
25 kilometres to the southeast of New Delhi, Noida was envisaged as a
new hub of urbanity way back in 1976. And in these years, it has
lived up to its stated vision. Today, it is reputed for its excellent
roads and residential projects. In a recent City Awards conducted by
a national news channel, it won the Best City in Uttar Pradesh and
Best City in Housing in India awards.
Apart
from the companies and urban population it attracts, Noida is also
known as an Investor’s Heaven. With commercial properties
appreciating handsomely, it is no wonder why serious investors are
looking at Noida with great interest. Commercial investment in Noida
is lucrative and the demand for good projects is always on the rise.
The
presence of a cosmopolitan and affluent community also means that the
demand for commercial
shops in Noida
is also great. Retailers and brands are eyeing to set up base in
Noida to woo customers with their products and services.
With
many reputed real estate developers having big plans for a variety of
projects, commercial
investment in Noida
has a bright future. Add to that the splendid infrastructure of the
city and its close proximity to the capital and you can understand
why Noida is a hub for the future.
Research
indicates that the demand for commercial
shops in Noida has been on a steady rise since the last few years and the entry of
big national and international brands in the city is testimony to its
growth. Be it fashion, lifestyle, medical care or sports, not a
single major brand is missing from Noida. And if industry sources are
to be believed, many more have lined up to enter this lucrative
market.
Noida
has a robust infrastructure and the population to support tremendous
growth in the future. It is worthwhile to treat the city as a
long-term destination for some serious commercial investment.