Posted in India forum
Noida, short for the New Okhla Industrial Development Authority, is a systematically planned, was developed in late 70’s to cope up with the industrial growth happening around the capital city. As the rate of unemployment is increasing in rural areas, people are shifting towards bigger cities. This migration is more in developing cities like Gurgoan and Noida resulting in a paradigm shift in recent years.
Noida was once viewed as industrial area due to its excellent power supply, a wholesome climate eminently suited to information technology (IT) industries and the low cost of setting up industrial units. Today it is one of the most sought residential sector with more than 50% of green cover , tree lined roads, rich and loamy soil . Noida-Greater Noida Expressway connects this part of the city with other regions of NCR. Metro lines run through the length and breadth of Noida ensuring easy transportation.
Today Noida is flooded with number of high raised residential apartments and villas. This has increased the demand for commercial space in the city. Invest in shop for sale in Noida today, to witness capital appreciation in a short span. One can buy shop in Noida and give it for lease so that rental income is assured. Shop for sale in Noida is an ideal place to grow ones business as it is an attractive destination for many corporate. As Noida is witnessing high business growth rate invest in a commercial property to reap the benefits.
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