In the dynamic landscape of real estate, the term commercial property stands tall, offering a world of opportunities to savvy investors. It’s not just bricks and mortar; it’s the cornerstone of financial growth, the portal to promising returns, and a realm of possibilities that can catapult your wealth to new heights. In this article we will explore commercial property Investment in Noida, upcoming and existing commercial projects, which have a potential for short term gains, along with an understanding of what’s available to be a well informed investor.
Why Commercial Property Investment in Noida?
Commercial property investment can be a great way to generate passive income and build wealth over time. Commercial properties, such as office buildings and retail centers are often leased to businesses, which can provide a steady stream of income. Additionally, commercial properties can appreciate in value over time, providing investors with the potential for capital gains. Some of the key benefits include:
- Potential for higher returns: Commercial properties generally generate higher rental yields than residential properties. This is because businesses are typically willing to pay more for rent than individuals, in order to be located in desirable areas and have access to the amenities they need.
- Capital appreciation potential: Commercial properties also have the potential to appreciate in value over time, as demand for commercial space grows. This is especially true in growing urban areas.
- Stable and consistent income: Commercial leases are typically longer than residential leases, which can provide a more stable and consistent income stream.
- Diversification: Investing in commercial property can be a good way to diversify your investment portfolio. Commercial property is a different asset class than residential property, and it can perform differently in different economic conditions.
Here is a comparison of the benefits of commercial property investment versus residential property investment:
| Characteristic | Commercial property | Residential property |
| Potential yields | Higher | Lower |
| Lease Tenure | Longer | Short |
| Capital appreciation potential | Higher | Lower |
| Income stability | More stable | Less stable |
| Diversification | Better | Worse |
| Liquidity | Lower | Higher |
| Risk | Higher | Lower |
In general, commercial properties generate yields that are 3 to 4 times that in a residential property, ranging from 6% to 9% depending on the tenant.
Noida is a fast-growing city located in the National Capital Region (NCR) of India. It is a major hub for information technology (IT) and business process outsourcing (BPO) companies, and is also home to a number of multinational corporations. Noida is well-connected to other major cities in India and abroad by road, rail, and air. We have covered extensively the reasons to invest in Noida in The article 11 Awesome Reasons To Buy Property In Noida
Commercial Property types in Noida
Commercial property in Noida offers a wide range of investment opportunities for buyers. If you’re thinking of investing in commercial property, it is important to know the different types of commercial property investment options in Noida.
Commercial properties in Noida can be classified into three main categories based on Noida’s Master Plan:
- Properties within residential developments: These properties are typically located on the ground floor of residential buildings and are zoned for commercial use. They are often used as retail shops, restaurants, and salons.
- Properties within IT/ITES developments: These properties are located in designated IT/ITES zones and are designed to cater to the needs of IT and IT-enabled services companies. They offer amenities such as high-speed internet, backup power, and security.
- Properties within purpose-built commercial developments: These properties are located in dedicated commercial zones and offer a wide range of options, from office spaces to Malls to High street retail, featuring F&B units, food courts, multiplexes, managed and co working offices and studios/service suites to name a few.
Our article titled What Type Of Commercial Property Is Best For You To Buy In Noida? takes you through a complete understanding of commercial property in Noida. Additionally, the article explains the various payment plans available in Noida’s commercial property market, including construction-linked plans, assured return plans, and possession-linked plans.
Commercial Property Hotspots in Noida
While on the lookout for a commercial property investment in Noida, one should definitely be aware of the different clusters where commercial property supply is available in Noida, in order weigh out the pros and cons associated with each. Our article Best Locations To Buy Commercial Property In Noida would aid you understand these clusters at ease.
Commercial Property Developments in Noida
Noida has been abuzz lately with a slew of projects being launched along the Noida greater Noida expressway, FNG and Central and the IT/ ITES clusters along the Meerut Expressway. These projects have been mentioned below to serve as a ready reckoner for investors looking forward to buy a commercial property
Upcoming Commercial Property Investment in Noida
Two IT/ITES projects offering offices and retail spaces are expect to be launched in the last quarter 2023. They are both located in sector 142 which is a prime location along Noida Greater Noida Expressway and offer seamless connectivity with FNG and metro stations that be walking distance from these project sites. There should be opportunity for short term gains in these projects and should turn out be good investments, going by the past track record of both developers.
Splendor Group, Sector 142
Splendor Group is a multifaceted, debt-free organization with diverse business interests.
Splendor Group is a multifaceted, debt-free organization with diverse business interests. It has been in business since 1985. The group’s primary business is real estate development, with a focus on commercial, IT, and housing projects. Having developed over 26.5 million sq. ft. of commercial and residential space in North India, they are now about to develop an IT/ITES project in Sector 142, Noida.
The upcoming IT/IES development is expected to be around 10 acres, with 2 towers and approximately 15 floors each. It is a 3 side open plot and is expected to offer offices and retail spaces for sale.
According to market rates of offices in Sectors 90, 140, 142, &144 the upcoming commercial IT/ITES properties should be priced around 6,500-7,000 Rs./ Sq. Ft in this region. An office of 1000sq. ft. for rental income or self use, should then cost around 70 lakhs in both these upcoming projects by Splendor Group and Group 108.
Group 108, Sector142
Group 108 is among the latest developers to have entered Noida and is planning it first IT/ITES project in Sector 140 Noida. They are managing partners of Grandthum, an under-construction IT/ITES project located in Greater Noida West and will invest Rs 2000 crore in the region across various projects, as per the MoU at UP investment summit and are acquiring more projects in FY 23-24.
The upcoming project is expected to create waves in the commercial market of Noida and is expected to offer offices and retail spaces.
Existing Commercial Projects in Noida
Commercial Projects in Sector 90, 140A, 142, and 144| along Noida Greater Noida Expressway and FNG
Bhutani Alphathum- Sector 90
Alpha thumb is a ready to move in 25 acres IT/ITES development in Noida. It is high in demand from end users and fetches rentals that range between 40 -65 Rs. / Sq. Ft., depending on the interiors of the office. It offers products like office spaces, co working spaces, and retail units. The product offering is in the form of lockable and non-lockable spaces which are purely investment products for steady rental yields. Investment tickets for co working spaces starts form approx. 25 lakhs for lockable units and go as small as 8.5 lacs for non-lockable units promising a yield of approx. 7% p.a, with other product types being larger investments. Know all about yields in the article Guide For Calculating The Fair Market Value Of A Commercial Property.
Bhutani Cyberthum- Sector 140A
Bhutani Cyberthum is a 26.8-acre mixed-use develppment located in Sector 140A, Noida. It is a LEED Platinum-certified project developed by Bhutani Infra, one of the leading real estate developers in India. Cyberthum offers a variety of commercial spaces, including office spaces, retail spaces, co-working spaces, F&B and a gaming and entertainment zone. The project also features a number of amenities, such as a food court, a gymnasium, a spa, and a rooftop swimming pool.
Cyberthum is strategically located on the Noida-Greater Noida Expressway, which provides easy connectivity to Delhi and other major NCR cities. The project is also close to the Noida Sector 137 Metro Station, making it convenient for commuters.
The product offering is in the form of lockable and non-lockable spaces with investment sizes starting approx. 30 lakhs
Fairfox EON-Eye of Noida, Sector 140
Eye of Noida by Fairfox is a premium IT/ITES project located in Sector 140A, Noida, India. It is being developed by Fairfox Infrastructure, a leading real estate developer in India.
EON will offer office spaces, retail spaces, corporate suites or studios and food and beverage outlets. The project is designed to be a one-stop destination for businesses and people of all ages. Office spaces here are limited and investments would start from approx. 30 lakhs
The retail spaces at EON will be home to a variety of brands, including fashion stores, restaurants, and cafes. The project will also have a food court with a variety of cuisines to choose from. Inventory here is sold off and would be
CRC Flagship, Sector 140
CRC The Flagship is planned on an 11-acre land parcel and will offer 2,200 units in the IT/ITES office and retail segments. The project will have four towers and will offer a variety of unit configurations, including co-working areas, office spaces, and retail shops. It offers self us offices pricing for which start from approx. 55 lakhs. Co working spaces here in the form of non-lockable spaces are available with investments starting 25 lakhs. Some units here are also offered with post possession commitment of approx. 9% p.a. for 4 years.
GYGY Mentis, Sector 140
It offers office and retail units, with prices starting 27 Lakhs for self-use offices. It is being developed by GYGY Infradesign Pvt Ltd., a leading real estate developer in India. The project is spread over 5 acres and offers office spaces, retail shops, and food and beverage outlets.
The office spaces at GYGY Mentis are designed to meet the needs of modern businesses. The office spaces are also designed to be energy-efficient and sustainable. The retail spaces at GYGY Mentis will be home to a variety of brands, including fashion stores, restaurants, and cafes.
Commercial Projects in Sector 128, 129, 132, and 135| along Noida Greater Noida expressway towards the Yamuna, Noida
Orion 132, Sector 132
Orion One 32 is aIT/ITES development project in Sector 132, Noida, India. It is being developed by Wellgrow Infotech, spreading over 10 acres and offers office spaces, retail shops, food and beverage outlets, and serviced apartments.
Orion One 32 is strategically located on the Noida Expressway, which provides easy connectivity to Delhi and other major NCR cities. Retail units here are pre-leased to Freeport a UK based retail outlet operator. Investment here starts at approx. 30 Lakhs
Saya Status, Sector 129
Saya Status is a mixed-use commercial development project in Sector 129, Noida, India. It is being developed by Saya Buildcon Pvt. Ltd. Positioned as the tallest mall of North India with 9 floors, with each floor zoned for a use, like gems and jewelry, fashion brands, electronic brands F&B and clubbing zones. The development also has multiplex with 6 screens and a total seating capacity of 1,300+.
It offers pre-leased non lockable units for sales which are available with a post possession commitment of around 8-9% p.a. for 3years, with investment starting about 25 lakhs.
Commercial Projects in Sector 94, 97, and 98| Along Noida Greater Noida Expressway on the Eastern side, in Noida
M3M Cullinan, Sector 94
The retail spaces at M3M Cullinan in Noida are some of the most sought-after in the city. The development is located in Sector 94, which is a prime location with excellent connectivity to Delhi and other major NCR cities. The retail spaces at M3M Cullinan are designed to offer a unique and luxurious shopping experience to visitors.
Ithum 73, Sector 73
Ithum 73 is an IT/ITES development located in Sector 73, Noida, India. It is developed by Ithum Group and offers office spaces, retail shops, and restaurants.
Ithum 73 offers a variety of office spaces, ranging from 500 square feet to 10,000 square feet. The complex also offers a variety of retail spaces, ranging from 100 square feet to 1,000 square feet, in the form of lockable/self-use and non-lockable/managed units.
Central Market, Sector 120
Central Market in Sector-120, Noida, is a high-end commercial hub that offers a unique and upscale shopping and dining experience. With its thoughtfully designed layout, ample parking, and diverse range of businesses, this market caters to the needs and preferences of the local community and visitors alike.
It is well-connected and accessible, with convenient access to the FNG Expressway, metro stations, and high density residential sectors of Noida. Shops are available in for sale here as lockable units with investments staring 70 lakhs
Spectrum Metro, Sector 75
Spectrum Metro Mall is a high-end commercial masterpiece located at Sector 75, Noida, Uttar Pradesh. It is a commercial mall amidst a high density, well settled locality in central Noida and is currently under construction.
Spectrum Metro Mall has a frontage of more 1 km, and has the sector 50 metro station at its doorstep. It will have five iconic towers, offering luxurious modern architecture with world-class amenities for shops and office spaces. The mall will also have a five-screen multiplex and fully furnished service apartments. Serviced commercial studios are on offer, with a pricing upwards of 90 Lakhs.
Commercial Projects Sector 62 and 63| along Meerut expressway, Noida
Ithum 62, Sector 62
IThum 62 is a premium IT/ITES development in Sector 62, Noida, India. It is an IGBC Gold Certified Green Building spread over 5 acres of land. The project offers a variety of commercial spaces, including office spaces, retail shops, and a food court.
Ithum Heights, Sector 62
Ithum Heights is a LEED Gold-certified ready-to-move-in IT/ITES project located in Sector 62, Noida. It is a multi-dimensional high-rise project developed by Ithum World. Ithum Heights consists of two towers: Tower A (G+6 Floors) and Tower B (Proposed G+24 Floors). The project offers a variety of office spaces, ranging from small modules to large open-plan spaces. Ithum Heights is also home to a number of retail spaces, including shops, restaurants, and cafes.
It is strategically located in the heart of Central Noida, connecting NH-24 and FNG, and is just a short walk away from the Sector 62 Noida Metro Station.
Capital Avenue by Master’s, Sector 62
Capitol Avenue is a luxury commercial IT/ITEs project developed by Maasters Infra in Sector 62, Noida. It comprises two massive towers, Tower A and Tower B, each spanning 1,000,000 sq. ft. with approximately 80 offices on each floor, serviced by 15 elevators.
Capitol Avenue offers 20 floors in each tower, offeringing smart offices and a retail hub to Sector 62, Noida. It is strategically located near the Ithum and Corenthum projects, making it an ideal commercial space for IT/ITEs offices, anchor stores, showrooms, food courts, and more.
Bhutani Cyberpark, Sector 62
Bhutani Cyber Park is a ready to move in IT/ITES complex located in Sector 62, Noida, India. It is spread over 10.89 acres and has 4 towers. The complex offers a variety of commercial spaces, including office spaces, shops, and restaurants. It also has a number of amenities, such as a club house, squash courts, a gym, an auditorium, and a food court.
Conclusion
The world of commercial property investment in Noida is a thriving landscape filled with abundant opportunities and potential for financial growth. Please note that the information provided here is based on insider insights and industry knowledge available up to September 2023. Connect with KnowbleR a trusted source for real estate guidance and expertise for the most up-to-date and detailed assistance in navigating Noida’s commercial property market. Verify and explore your investment opportunities with our professional assistance to ensure a successful venture into Noida’s commercial real estate sector.
Your future prosperity awaits with the right guidance and investment strategy. Also Read Noida’s Luxury Housing Market: Upcoming projects and trends.
