All You Need to Know About Buying a Retail Space in Noida

Retail space is considered to be the last stop in the manufacturing chain. It is a spot where merchants sell their products to their valued customers. It differs from commercial properties like shops, showrooms, or office spaces. If you are looking to buy a retail space, you should buy it in a popular area that is frequently visited by potential customers.

For example, if your business is located in South Delhi or Noida, you can go for retail space in Noida in malls, single-standing buildings, and on main streets of highly busy commercial districts. Other places that experience heavy footfalls include airports, subway stops, hospitals, college campuses, railway stations, and so on.


Buying a Retail Space in Noida is Highly Beneficial

Merchants may either opt to purchase or lease retail space in Noida. In terms of common arrangement, a triple net lease is one such option that requires merchants to pay for insurance, tax, and maintenance in addition to rent.

Apart from all these, if you are planning to buy a retail space in Noida, make sure it has everything that could help you to attract potential buyers. The retail space should be air-conditioned with power back up. Further, it should have direct access from Metro Station, large atrium space, reliable and safe parking for owners and visitors followed by close proximity to popular shops and restaurants, to increase the probability of having footfalls. At the same time, you also need to consider some of the viable restrictions imposed by the landlord, subdivision, and local government.

Give a Kick Start to Your Business

It is better to obtain a written copy of all signage restrictions after you start taking interest in retail space for convenience. This will prevent you from falling into the clutches of unnecessary dangers. You need to ensure that you are comfortable in terms of obtaining approval for signage prior incurring of highly substantial legal fee. There are some franchises where signage requirements are considered to be inflexible.

Giving a kick start to your own business is an exciting proposition, and requires prime retail space.

The type of commercial property to be leased solely depends on the type of business you are involved in. Thus, it is better to select a location that will be receiving a lot of customers, and is surrounded by other complimentary businesses.


Key Features of Shops Which Suit the Needs of Every Retailer

Shopping, of any kind, is a pleasurable experience. A mention of shopping brings only the buyer to the mind. However, since shopping involves both buyer and seller, running retail shop should be pleasurable experience for the seller as well. And, here’s a refresher on the features that retailers ideally prefer to have in their shop space.

shops for sale in Noida

  • Location:The location plays a great role in ensuring the success of a retail shop as a good location helps in drawing more customers. For instance, since places like Noida, Ghaziabad, etc., are conveniently located close to Delhi and the NCR’s commercial hubs themselves, these cities are considered ideal to own shops in. And, as a result, there is always a huge demand for shops for sale in Noida and other such planned cities.
  • Various unit sizes: Retail units in malls and shopping arcades come in various sizes. The retailers may want to choose the size and type of shop that suit their needs the best. Flexibility of space is thus an ideal feature that retailers look for.
  • Power and water supply: Electricity provided by state power grids as well as full power back-up is essential features for shops. Be it shops for sale in Noidaor even in remote areas, amenities such as un-interrupted power and water supply are a must for a business. Thus, this feature is a must-check for retailers.
  • Amenities: For shops located in malls, there must be amenities like central air conditioning, fire detection systems, spacious parking spaces, food courts, kids’ zones, multiplexes, glass facades, multiple elevators, and escalators to name a few. Retailers are inclined toward retail spaces which will allow customers to avail of these additional perks as they automatically augment their business prospects too.

Running a retail business has many associated risk factors and complications. However, with a good retail space in a strategic location, entrepreneurs can at least rest assured that they will get a good customer flow. If you too are looking for a good retail space to start your shop you must look for shops for sale in Noida, Delhi, Kolkata or any other city, that are within a good business complex that has been developed by a reputed realtor.

Pointers to Identify the Ideal Floor while Buying an Apartment in a High Rise Building

When investing in an apartment, many a time home buyers are not entirely sure about which floor to set up their home in. As majority of Indian cities are now growing vertically, identifying the best floors in high rise buildings to set up a residence in has become a key priority for a lot modern home buyers.

A great number of high-rise projects have been developed over the last decade or so in the country by many renowned real estate companies. Each floor belonging to these high rise buildings has its distinct advantages and disadvantages. Hence, prior to making their choice it is important that home buyers weigh in all the relevant factors involved in identifying the floor that adequately suits their lifestyle and meets all their needs. Here are a few pointers that can aid people to identify the best floors in high rise buildings to live in:

best floor in high rise building

  • View: Higher floors obviously provide the homeowners with picturesque and awe-inspiring views. In case people choose to invest in a high rise apartment that is located near to a really scenic destination, it would be prudent that they decide to live in one of the topmost floors.
  • Privacy: In congested destinations of the country, people living in the lower floors often have to compromise on their privacy. Hence, to make sure that their privacy is orderly maintained and to avoid any kind of unwanted intrusion, people can choose to live at a higher floor.
  • Noise Level: A lot of home buyers opt to live on the top floors in order to minimalize the nuisance of noise coming from the streets, as well as the noise usually made by people walking through a common passage.
  • Rental returns: As has been revealed in many surveys, the lower floors of a house generally command better rental returns in India. Hence, for people investing in a house for the purpose of investment, the ground floor of an apartment building would be an ideal choice.
  • Family consideration: For families with children or elderly individuals, it would be ideal to invest in a house that is at a lower floor. In addition, in case any family member of the homeowner suffers from mobility impairment or has the fear of height, they should try to live near to the ground.

Interested home buyers can visit the website of renowned real estate companies in order to know all about the details of each apartment complex so they can duly judge which floor to buy their apartment in.

Common mistakes to avoid when looking at apartments for sale

The residential real estate market is expanding at a rate faster than it did ever before. Developers all around are bringing up new projects, offering people numerous options in apartments for sale. The abundance of options however, can add to confusions regarding which property to go for, making one more likely to make a mistake.

The common mistakes that people generally make with respect to residential real estate that you need to steer clear of are –

apartments for sale

Less or no research

Foregoing research when considering purchasing an apartment on sale is among the biggest mistakes one can make in this direction. Knowledge about the location, type of property, market value of the property, common issues regarding the purchase, etc. are vital to any deal.

Making haste

As is well-known, “haste makes waste”. When hurrying up a deal, you are more likely to miss out on significant details or other deals that could turn out to be more profitable. Although there is no set waiting period that one must follow before signing off on any deal, the key here is to be calm and aware when getting into an investment this big.

Being unclear about the costs

This is a mistake that could not only destroy your chances at an advantage whatsoever, but also land you in some serious troubles. Misjudging or underestimating the costs of a property, residential or commercial, is something that is best avoided.  You need to pay attention to all aspects, including registration fees and taxes, which go into making your total expenditure.

Not being thorough with the paperwork

Scams related to property deals are nothing new in our country. When getting into a deal, you would therefore, want to ensure the legality and validity of the same. Documents related to property purchases can also be various and lengthy, which is why you need to carefully go through them. Seeking the help of a legal expert in making sense of it all might actually be a good idea.

Apart from the above, a few other things that you need to carefully avoid are not mistiming a deal, undermining the risks involved, keeping unrealistic expectations, etc.

What Makes Studio Apartments in Noida a Top Choice amongst Youngsters?

Noida has over the years become one of the most preferred areas to settle down in for young professionals. And this preference is driven as much by the city’s infrastructure as it is by the ample number of job opportunities available in the city. Owing to the presence of numerous corporate houses and commercial centers here, there is no dearth of opportunities for skilled and knowledgeable professionals. Therefore, young professionals migrate to the city in order to further their career. These young professionals ideally set up their residence in the modern studio apartments developed in Noida owing to the many advantages offered by this housing option. Some of these advantages are as follows:

Noida studio apartment

  • Cost-effectiveness: Studio apartments are one of the most affordable types of accommodation options available. Hence, they can fit into the budget of the people just starting their career and not having much savings. Moreover, being compact residential units, in case of studio apartments, there would be lesser space to cool in the summer and heat in the winter, thereby reducing the expenses related to such utilities in the long run.
  • Minimal furnishings required: After purchasing a house, people would also have to fill up its interior space with quality and useful furnishing items. And, bigger the space of the house, more the furnishing items that would be required to make it look livable and aesthetically appealing. Hence, in this scenario, people investing in studio apartments can save a good sum of money as they only have to buy a few crucial furnishing items to enhance the decor of their indoor space.
  • Easy to clean: For professionals working for long hours and bachelors living alone, orderly cleaning and maintaining a large living space can become a huge hassle. Being small in size, studio apartments do not take much time to clean, disinfect, and maintain. Hence, they are ideal for people who do not wish to spend their precious time on weekends in cleaning up their home.
  • Live in the prime areas: Studio apartments in Noida are ideally developed in its major commercial hubs, which are well-connected to the key landmarks of the city and as such young professionals can always find one within their budget.

To invest in a studio apartment located in the flourishing city of Noida, interested home buyers can contact any prominent real estate developer operating in the city.

Reasons for investing in commercial properties in Noida

Real estate has always been a preferred investment option for many in the country. This is because real estate investments are known to yield high returns while being reasonably low risk. And, with land becoming scarce and the need for residential as well as commercial property increasing by the day, current investments in real estate are sure to yield excellent returns in future.

This is especially true for metros and other large cities such as Noida, Delhi, Mumbai, etc. Companies from around the world have set up their offices in these cities, generating huge employment opportunities. This has drawn jobseekers, workers, students and businessmen from across the country looking for better opportunities to these megacities. As a result, the real estate sectors of cities such as Delhi and Noida are experiencing unparalleled growth, and have emerged as the best investment option for the investors.

business centre in noida

Reasons to invest in a business centre in Noida

In case you are planning to expand your investment portfolio by buying commercial property in Noida, mentioned below are some of the most important reasons as to why you should go ahead with the deal now:

  • Noida is a part of the NCR and is very close to Delhi and other major cities of north India and as a result enjoys excellent business opportunities.
  • Noida is a planned, industrially and economically developed city with outstanding infrastructure conducive to the growth of businesses.
  • Noida boasts of having the highest per capita income in all of NCR which transcends into better investments in businesses too.
  • Noida is considered as one of India’s greenest metro cities with over 50% green cover. The streets of Noida are lined with vegetation and trees, making it one of the healthiest cities to live and work in.
  • Over the past few decades, Noida has become the hub of the IT and IT-enabled services industries in India and as such, investing in commercial real estate like business centers in Noidawill not only yield high rental yield, but will also ensure excellent capital gains.
  • Noida is well-known for its great connectivity, outstanding infrastructure, large supply of skilled manpower, comfortable climate, and an uninterrupted power supply, all of which are conducive to business and industries.

Although buying commercial property in Noida can be a prudent move, investors must ensure that they buy the property only from reputed developers having experience in this domain. To get the best returns on your investment, you can buy commercial property located in or near Sector 32.

4 Advantages of Living in an Ultra-Luxury Apartment Gated Community

Living in an ultra-luxury apartment in Noida is a dream for many. Living in an ultra-luxury apartment offers a number of advantages along with a premium lifestyle that is hard to match. This especially holds true for ultra-luxury apartment gated communities in Noida. These communities offer exclusive features that are difficult to find anywhere else.

ultra luxury apartments in Noida

With end-to-end property maintenance and secured perimeters, the residents of ultra-luxury apartments enjoy unprecedented privacy and support, allowing them to feel more relaxed. Here are a few other unexpected benefits you can get from living in an ultra-luxury apartment.

  1. Assured Safety

The primary objective of an ultra-luxury apartment gated community is the safety of the residents. This can be seen in the strictly controlled entrances and exits. The complex is managed by security staff, and no one unauthorized is allowed to enter the residential communities. In addition to normal security measures, there are also home automation devices that help create a safer environ that allows residents to be in the open at any time of the day or night.

  1. Healthy Lifestyle

Ultra-luxury apartment gated communities have a much better green cover than your usual residential colonies. The green cover is well-maintained so as to help reduce pollution. There are also  efficient waste management systems in place. Living in an ultra-luxury apartment in Noida enables you to lead a comfortable and healthy lifestyle.

  1. Unmatched Amenities

Other than offering security and comfort, living in an ultra-luxury apartment gated community gives you access to world-class amenities and services. The interior design of ultra-luxury apartments truly defines luxurious living. The living room, bathrooms, and kitchen are all very large to ensure that you are comfortable at all times. Additionally, these residences are pet-friendly, ensuring that your furry friend also lives a comfortable life.

  1. Extra Parking

Most people living in an ultra-luxury apartment aren’t concerned about the safety of their vehicles. Not only are their vehicles protected from theft and burglary, but also from the weather. When you get an ultra-luxury apartment, the number of parking you get corresponds to the number of bedrooms in your apartment, which is not the case in with other residential colonies.

Living in an ultra-luxury apartment allows you to live your life to the fullest with sophisticated amenities and a safe and secure environment.

2 Key Aspects of Modern Retail Spaces in Noida

Noida is one of the flourishing commercial hotspots of the country and this city has the highest per capita income in the whole of NCR too. The city also presents a plethora of lucrative job opportunities to skilled and qualified individuals. A number of people migrate to Noida every year to enhance their career prospects, leading to a definite increase in the population of this city. The rising population of this city, as well as the commendable infrastructural facilities offered by it makes it an ideal place for opening up a retail center. The prime reason of this being that as the number of people residing in the city rises, the number of potential customers for a retail store here would also subsequently increase.

Commercial Properties sector 32 in Noida

However, in case a person is looking forward to investing in a commercial property in Noida to set up their retail business, it is imperative that they ensure the structural integrity of building they are investing in, as well as the potential profitability of the investment. Two elements people should take into account before investing in a retail space in Noida are as follows:

  • Location: It is preferable that the retail space be located in the vicinity of the primary business hub of the city, and is easily accessible from all parts of Noida. For example, investing in a commercial property in sector 32, Noida would be a good idea as that neighborhood is well connected by roads, highways and the Delhi metro network. In addition to this, the retail space must be a part of an establishment that provides ample parking facilities to the customers, so that they can shop at leisure without worrying about the safety of their vehicle.
  • Amenities: In the contemporary world, urban shopping experience is closely linked with entertainment and recreation facilities as well. While going on a shopping spree, people also prefer to dine out and enjoy themselves to the fullest. Hence, it is advisable to invest in a retail space in Noida that is located near to adequate dining and recreational facilities, including a food court and an entertainment zone.

To find out the details of the commercial properties in sector 32 area of Noida or any other such region in the city, buyers can easily check out the websites of renowned real estate companies.