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The Noida Expressway has become a significant hub for commercial real estate, particularly for office spaces. The area is characterized by a range of options for investors and businesses looking to either purchase or resell office spaces. Here’s a detailed breakdown of the current landscape for office space resale in this region.
Assotech Business Cresterra Office Space for Sale/Rent
whether you are looking to lease or purchase office space in Assotech Business Cresterra, there are multiple options available that cater to different business needs while providing essential amenities conducive to productivity.
Wave One Noida
For those interested in acquiring or renting office space at Wave One Noida, there are various options available that cater to different business needs and budgets. The combination of modern facilities, strategic location, and competitive pricing makes it an appealing choice for businesses looking to establish themselves in Noida’s thriving commercial landscape.
1. Market Overview
The Noida Expressway is strategically located, providing excellent connectivity to Delhi and other parts of the National Capital Region (NCR). This has made it an attractive destination for businesses, leading to a surge in demand for office spaces. The expressway is surrounded by various residential complexes, shopping centers, and other commercial establishments, enhancing its appeal as a business location.
2. Types of Office Spaces Available
In the Noida Expressway area, there are several types of office spaces available for resale:
Ready-to-Move Office Spaces: These are fully constructed and operational offices that can be occupied immediately. For instance, projects like Logix Technova in Sector 132 offer ready-to-move office spaces starting from Rs. 23.1 L.
Bare Shell Office Spaces: These are basic structures without any interior finishes or fittings. They provide flexibility for buyers to customize according to their needs. Projects such as Bhutani Cyberthum and One FNG by Group 108 offer bare shell options.
Under Construction Projects: Many new developments are underway, with completion dates set for the near future. For example, CRC The Flagship in Sector 140A is expected to be ready by November 2027.
3. Investment Potential
Investing in office space on the Noida Expressway can be lucrative due to the potential for appreciation in property value and rental income. Many projects guarantee returns on investment; for instance, Bhutani Cyberthum offers assured returns of 12%. This makes it an attractive option for investors looking to generate passive income through leasing.
4. Key Factors Influencing Resale Value
Several factors influence the resale value of office spaces in this region:
Location: Proximity to major transport links like metro stations significantly enhances property value.
Amenities: Properties offering modern amenities such as swimming pools, gyms, and conference rooms tend to attract higher resale prices.
Market Demand: The overall demand-supply dynamics in the commercial real estate market also play a crucial role in determining resale values.
5. Office Space Resale in Noida Expressway
The Office Space Resale in Noida Expressway presents numerous opportunities for those interested in buying or reselling office spaces. With its strategic location and ongoing development projects, it remains a hotspot for commercial investments.