Investment in commercial real estate properties in Greater Noida West where has great options to commercial office and shops. The problem with unfurnished office spaces is that a company has to spend a lot of extra money in its interiors, which includes buying the furniture, paint it and reconstruct it according to their need. All this adds a lot to their initial budget and therefore everyone prefer renting out a furnished office space that meets their requirement. All the small companies cannot afford to buy an office initially even in sub-urban areas of the city and therefore they prefer to rent out the office spaces. ATS Destinaire Resale / ATS Floral Pathways Resale / ATS Knightsbridge Resale / ATS Le Grandiose Phase 2
Furnished offices give all the companies the advantage of instant movement and also relieve their financial burden. The entry and exit of a company, when it comes to renting an office space, is also quite easy than it is in buying. If a company leases out an unequipped apartment and adjusts it, while exiting they usually have to clear off all the modification and give back the property in the accurate condition they bought it. Multinational companies are increasingly investing through buying shops and offices in Greater Noida. There is a seismic shift in the traditional approach of rental space that such companies have had for years while considering overseas investment. With increasing rents in prime markets where MNCs operate, the consultant said that there is cost advantage in the long term in buying office spaces rather taking on renting them. During this period capital values have also increased reasonably. Therefore, companies stand to gain financially if they decide to organize capital to obtain the spaces they occupy. All the corporate houses in Greater Noida West are moving from bigger commercial office spaces to smaller offices.
The change from bigger office spaces to smaller units in Greater Noida West has certainly channelized the demand for commercial real estate in Noida expressway Road. Apart from this, the lower rental values are what corporate houses are looking at. In adverse macro-economic environment companies are cutting costs and are thus, interested in taking up smaller units. Apart from Noida Road located in Greater Noida West also boasts of good connectivity. It is well connected to Greater Noida – Noida expressway in the north and is intersected by Golf Course Extension Road towards the south. According to Greater Noida West’s new Master Plan, Greater Noida – Noida expressway. The buildings will be amongst the first constructed in Greater Noida that meet a true international standard for Class A design and construction quality.