Why We Prefer Industrial Property for Rent in Noida?
Noida is the short form of ‘New Okhla Industrial Development Authority’, came into existence on 17th April 1976. The city was created under the UP Industrial Area Development Act by the initiatives of Shri. Sanjay Gandhi. Noida had formed in that era only to overcome the load of capital city “Delhi”. Noida is one of the well planned, integrated, biggest and modern industrial cities in entire Northern India, the city is considered as one of the fastest growing region which is transformed into the industrial, commercial and educational hubs of India. As we all know, this city is an Industrial hub and famous for Industrial building for rent in Noida which are generally used for manufacturing & assembling units, warehousing, sheds etc. The profitable industry requires wider roads, bigger spaces, easy & direct connectivity, cheap labour, good transportation, economical rent, greenery etc. and Noida has all these positive points to attract the employers as well as employees. The Industrial Property for rent in Noida has spread over approximately 20,316 hectares, with many Industrial sectors which are fully developed, NOIDA offers a pollution free high standard of living and highly supportive industrial environment with its unique infrastructure providing numerous, matchless facilities. A number of multinationals companies and other many industries have shifted or set up their establishments in Noida region from other cities in the last few years.
Factors Responsible for Increasing the Demand of Industrial Space:
Industrial space for rent in Noida is very well connected to other parts of NCR through a excellent network of roads, national highways, ultra modern Delhi Metro, 8-lane DND flyway and wonderfully connected with India’s widest expressway, NH-24, which has 14 lanes for the easy and congestion free movement of traffic etc. Further, the 8 lane Taj Expressway connects Greater Noida to Agra which shortens the five-hour journey to an incredible 100 minutes. Metro is the lifeline of many employees in Delhi/NCR and Noida has the best connected metro route from other parts of NCR through running blue, magenta and aqua line metro, therefore this is the favourite destination for employees to commute & work. Industrial property for rent in Noida is considered as less polluted, free from pollution because of greenery all around, wider roads and green belts which is best for running of industrial activities in Noida city. Keeping in view about the environment, Noida Authority is in the process of planting more trees in all over the Noida region to promote the Industrial activities and economic growth. The rentals of Industrial Building for rent in Noida are lesser than other NCR neighboring cities. NOIDA industrial spaces are getting far better than other populated NCR cities in terms of parking facility as many of the new constructed buildings have the stilt parking inside the building and also have ample parking space outside the premises. Improved power and water supply, drainage & sewerage system, availability of easy labour etc. in most of the NOIDA region enable NOIDA to score high on livable friendly index than the adjoining cities. Noida is famous for maximum labour at minimum wages as compared to nearby NCR like Delhi, Gurugram etc.
Plot Sizes of Industrial Property in Noida
The industrial sector of Noida has various plot sizes like 112 meter, 250 meter, 450 sq. meters, 800 sq. meters, 1000 sq. meters, 1250 sq. meters, 1800 sq. meters, 3200 sq. meters, 4000 sq. meters & above. The industrial sector has area ranges from 2,500 Sq.ft. upto 3,00,000 Sq.ft. Many big housing projects, educational institutes, corporate parks, well known super speciality hospitals, entertainment hubs, shopping malls, banks, adventure parks are also increasing the value of Noida. The upcoming Delhi-Mumbai corridor, largest International Airport at Jewar will be a major boost for Industrial property for rent in Noida region. Propworld’s team can easily predict that once the airport will be completed, it will boost the Industrial and commercial real estate of Noida region.
Propworld is the Noida’s largest leasing consultants with dedicated team of professionals, we have already leased out more than 3 millions of Sq.ft. area in Noida region. For the maximum availability of Industrial Building, Industrial Property and factory for rent in Noida, please feel free to call us at 9810000375/9811004272.