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Friday, March 7, 2014

Greater Noida West brings opportunity for retail buyers

Greater Noida West
Commercial property has always been considered a huge investment and preferably a deal made for corporate houses, MNCs, big and foreign investors. Retail players or small buyers always find it too expensive due to location, size and cost. They can hardly get a small office space so they prefer to rent a small office space to run their operations. But for the first time in the NCR, Greater Noida West is offering opportunity for retail and small buyers too. Multiple projects are offering not only smaller spaces but also at pocket friendly cost.
Soaring rental values and unavailability of space in Delhi moved professionals, corporate houses and MNCs to Noida. Today, it is considered one of the biggest locations of commercial operations in the NCR that has spread over various sectors. Most of them are unorganized with no parking space, permanent water and electricity problem, no power back-up, poor sanitation etc. Very few commercial spaces are completely organized. That is why such units cost high and at the end a retail buyer and small business holder are bound to rent a space.
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