Office spaces are places where people can work or create their own businesses. These places range from collaborative coworking areas to massive private complexes. Office space, including internet, office equipment, conference rooms, and support staff, can be leased or rented by organizations.
Some office spaces provide a fully furnished atmosphere with everything needed to start working on the move, while others provide a far more basic setup that can be customized based on the tenants' needs.
Investment Opportunities for Commercial Office Space in Greater Noida
Greater Noida has developed as a desirable business area due to its excellent location and growth opportunities. The ongoing efforts of the Central and State governments to build this city as a future smart city play a significant influence in increasing investment.
In the past 10 years, more people are now opting for self-employment, which is resulting in the booming growth of start-ups in India. Due to this, there has been an increased demand for commercial spaces which has benefitted Delhi NCR hugely.
One of the best real estate companies, Paramount Group offers a premium infrastructure that is a beacon of style and higher living. They offer customers and the market the latest design solutions to create unbeatable projects in terms of comfort and style.
Paramount makes sure to provide office spaces in Greater Noida according to the needs of the customers and the business environment they require. They offer ready to move office spaces that are surrounded by thousands of captive audiences residing in the society to cater to the needs and allow swift growth of business. They are the ideal choice for businesses that want to incorporate nature into the fast-paced city life.
Factors while choosing an ideal area to invest in an Office Space in Greater Noida
- Connectivity: One of the fastest-growing cities of Delhi-NCR is Greater Noida. Located between Noida and Agra, Greater Noida provides easy access to these cities through the Yamuna Expressway. Moreover, Greater Noida has great connectivity with major NCR cities. So, it is a good idea to invest in office spaces in Greater Noida that are well-connected to major highways and public transportation.
- Location: The location of the office space is an integral factor that influences business growth. Areas that are close to residential areas, and several other amenities like hospitals, schools, and shopping centers. One of the great things is that the city is divided into different sectors like Gamma, Beta, Alpha, Delta, PI, etc. Buyers who are confused about where to invest may explore different localities as per these sectors in Greater Noida.
- Infrastructure: A well-developed infrastructure is necessary for the growth of any business. The office space invested in should have proper electricity sources, water supply, and all essential facilities.
- Security: A very important concern for any business owner is security. The office should be located in a safe and secure area.
- Rental Yield: The revenue generated through rentals should be considered. To guarantee that the investment is rewarding, current market rates should be investigated and compared to the predicted rental yield.
- Assistance: The assistance of a professional real estate agent who can provide detailed and up-to-date information about the real estate market in Greater Noida and help make an informed decision.
To look for working office spaces in Greater Noida, Paramount Group is one of the excellent options. They offer ready to move office spaces as well as co-working office spaces in Greater Noida, that are ideal for business growth.
Advantages of Buying office spaces in Greater Noida
- Positive Business Environment: Greater Noida has excellent scenic views from buildings with a lot of greenery and a fresh environment that will create a positive atmosphere to work in.
- Connectivity and Less Traffic: Major NCR cities are easily accessible through roads and metros for easy commuting. Excellent construction of wide roads results in less traffic.
- Proximity to the Upcoming Jewar International Airport: The new Jewar International Airport will lead to the growth and expansion of business globally, and will make Greater Noida become an active region for national and international companies to set up their businesses.
- Infrastructure: Greater Noida offers excellent infrastructure and ideal workplaces that are customized according to the customer's needs.
Future Prospects
The commercial as well as residential localities in Greater Noida are designed with superior infrastructure and are backed with the best connectivity. The city continues to grow and attract the attention of working professionals around the nation.
The construction of the new Jewar International Airport will help Greater Noida become a region for businesses to grow and expand globally. Once the airport starts operating, it will attract several national and international companies to set up their businesses in this region. Due to this, property prices are continuously rising and will surely show a steep hike soon, making it an excellent choice to invest in office spaces in Greater Noida.
During the pandemic we were all forced to join hands with the host of work from home, previously explored by only a fraction of employees.
While Work from home isn’t a complete claptrap, the productivity by working from a proper office environment is second to none, and that is why today we shall discuss 4 points of how office productivity wins over home indolence.Visit: https://www.acegroupindia.com/blog/4-points-proving-office-productivity-wins-over-the-home-indolence/
