Real estate has always been considered the most safe and favourable investment option. However, over the last couple of years, the market’s momentum has weakened significantly. While the market has been showing signs of recovery across the country, there is still some scepticism when it comes to investment in real estate. Noida, which has always been a real estate investment hot-spot, is among the markets that are still reeling from the effects of demonetisation and the introduction of RERA. But that doesn’t mean that investing in real estate in Noida is not lucrative anymore. Here are few reasons why you should be investing in commercial real estate in Noida: –
1. Higher ROI
Residential real estate has always been the preferred when it comes to real estate investment. But the old formula of investing in residential property doesn’t work anymore. The rising prices of residential units and low appreciation levels have changed the market outlook. Investment in commercial office space in Noida or a retail shops in Noida, on the other hand, can provide better returns.
2. Oversupply of Commercial Space
Due to oversupply in the commercial real estate market, prices are relatively low compared to residential property. So, this makes it an ideal time to invest in retail shops in Noida. Not only will you get returns in the form of monthly rentals, but the capital appreciation too is expected to be more than residential property.
3. The Impact of Government Policies
The government at the centre is unarguably business-oriented. This has led to a renewed sense of confidence at both corporate and global investor levels. The proposed changes in the Foreign Direct Investment (FDI) norms for the real estate sector have also strengthened the market sentiment. Government campaigns like “Make in India” have led to a rise in capital inflows and are pushing the demand for commercial office space in Noida.
4. The Start-Up Boom
More and more Indians are trying to realize their entrepreneurial dreams, and this has led to a steady growth in the start-up businesses. As there is a renewed confidence in the Indian market, these entrepreneurs are attracting massive investments not just from international investors but also from leading Indian corporate houses. This has been a major force that is driving the demand of commercial office space in Noida.
To put it forth in a succinct manner, commercial properties have now emerged as a more prudent route for those looking to invest in the real estate sector. And even the current market trend favours investing in retail shops and commercial office space in Noida.