A Developing Commercial Hub in Noida Extension
Golden I is one of the most exquisite commercial project in the heart of Greater Noida West, a developing technological and retail hub. Developed by Ocean Infrastructures Pvt Ltd, this project spans over 25 acres of beautiful landscape. The project is surrounded by 1,000 acres of residential development that will accommodate over 1 million people in the years to come. The project provides space for IT/ITES offices in area of 325–395 square feet. The project is endowed with many features like great environment that boosts output and promotes a serene workplace. Retailers use a dedicated, well-supported location to unlock the future of traditional brick-and-mortar retail. The biggest corporate convention facility is slated to open here as well. Wide display spaces and first-class amenities serve as a powerful factor to increase the appeal of such spaces. Additionally, an ongoing exhibition space with first-class amenities is a significant development component.
Good location is Another Factor
Good strategic approach before deciding about a commercial location is to see if it is near to a residential hub that has been vital to the development of the business sector. As Noida offers easy access to Delhi, Gurugram, and other nearby cities because there is good road connectivity and a huge network of metro lines. Golden I Greater Noida West is ideally connected to commercial centers of the city to further improve its status as an ideal commercial hub. Even more significant is that it is closely located near the Noida-Greater Noida Expressway and the Yamuna Expressway, making it a top location for commercial leasing.
Better Infrastructure Leading to Transforming Changes
One of the main reasons behind the rise in business leasing has been Noida’s well-planned infrastructure. The city has a variety of Grade a office spaces, IT parks, and Special Economic Zones (SEZs) to meet the expanding needs of businesses. Furthermore, the availability of top-notch amenities like continuous power supply, constant access to water, and cutting-edge telecommunication networks make it a desirable choice for both national and international enterprises. Golden I Greater Noida West is in the midst of the most strategic locations with advanced infrastructure facilities.
Supply vs. Demand Scenario
Investors in commercial real estate avoid purchasing unoccupied retail or office property since they will yield lesser profits. However, Greater Noida West, which has more than 380 residential projects in different areas, reflects the region’s economic richness. Furthermore, there aren’t many commercial ventures in the micro-market, which reduces competition and lets investors charge more. Though Greater Noida West has relatively decent property values because it is a developing market with affordable land costs. This makes projects like Golden I an apprised project.
A Thriving Commercial Hub
Lease and capital growth are the two main ways that commercial buildings make money. Both strongly rely on the project’s location. Golden I Greater Noida West is located at one of the best places to invest in retail and office space because it is close to the NCR’s main thoroughfares, including the Delhi Meerut Expressway and the Faridabad Noida Ghaziabad Expressway (FNG). Additionally, there are other adjacent housing options in the region. This further acts as a stimulus for commercial expansion because the presence of a thriving housing market nearby boosts the likelihood of foot traffic and the project’s overall success.