One of the reasons for high demand for residential and commercial properties in Noida is due to its well connectivity and close proximity to the national capital Delhi. Studies have shown that 50 percent of Noida residents travel to Delhi on job grounds.

Commercial Real Estate

With Government initiatives and better infrastructural facilities, Noida has developed into an investor's haven. While Gurgaon, the other satellite city of NCR is a thriving BPO hub, NOIDA has attracted the investors in the IT and the ITES sector. Noida continues to be a preferred location among home grown IT companies, keyed up by the presence of DLF and Unitech.

With the large inflow of corporate houses into Noida, there has been an ongoing demand for commercial spaces - office and retail. Most of the transactions in Noida for commercial properties are on rental grounds. This trend has been set with the IT companies, mainly the MNCs who take on lease office complexes as they first set out business.

Catering to the growing demand, are the developers who have left no stones unturned in providing their clients in the corporate sector with state-of-the-art offices which can be at par with international standards. Rental and capital values of commercial office space have remained stable in Noida over the last quarter.

Another trendsetter in Noida commercial rental segment are the sprawling Malls which have converted the high streets of Noida into lively entertainment zones where malls and multiplexes make the perfect combination. Moreover retail outlets and showrooms rentals are transforming the business line of Noida. The developers are constructing retail showroom spaces and renting them out to big brands.

Residential Real Estate

But the most prospective of the lot for rental spaces is the Noida residential rental segments. Besides being a popular hub for residents who commute to their workplace in Delhi regularly, Noida is struggling to meet the demand for residential apartments and houses.

This demand has been seen in all aspects of the residential rental segments which includes budget to high end properties as there has been a continuous pouring of people from all over the country as Noida is poised to be the thriving ground for IT and ITES companies.

Rental values in Noida have registered no movement since last quarter. While the rental returns from residential property in Noida is about 4-5 %, for commercial property it has raised as high as 8%.

Since the rentals are already high in well connected and reputed commercial hubs in Delhi and the sealing has seen further hardening of rentals, there is a constant increase in demand for rental commercial space in satellite cities like Noida leading to spurt in rentals there too.