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Noida Extension has emerged as a major real estate hub, with a lot of construction activity by various developers. Presence of colleges, universities and hospitals, have made Noida Extension a good option for home buyers too, over the last few years. There are a number of residential projects which have been delivered by developers and more are in the construction stages. To cater to the shopping requirements of the people who have already moved to this suburban part of Delhi, there are a number of commercial projects that offer shops, kiosks, anchor stores and departmental stores. There are high-street offerings, as well. Developers are lining up commercial projects for office spaces too.
There has also been significant infrastructure development in the area, in the last few years. Relatively cheap land prices and the announcement of the development of an international airport at Jewar, have boosted the real estate prospects of Noida Extension. While there are many commercial projects in Noida Extension, given below are 10 that are especially noteworthy.
Galaxy Diamond Plaza
This project offers commercial shops and office spaces and is located in Noida Extension. Various sizes of shops and offices are being offered. The project is close to some of the infrastructural developments like the DND Expressway, FNG Expressway and National Highways 24 and 91 and Yamuna Expressway. The under-construction project has modern amenities.
Aarza Square is one of the larger commercial projects in Noida Extension. It has commercial shops and restaurants of various sizes. There is a food court, as well. It is located near Gaur Chowk in Noida Extension and is close to the FNG Expressway, DND Expressway and Yamuna Expressway. Some of the shops come with attached terrace area.
Gaur City Centre
Gaur City Centre is one of the biggest commercial projects in Noida Extension and is part of a commercial hub comprising of a mall, a hospital and other features. Gaur City Centre is a multi-storey project located at Gaur Chowk in Noida Extension. It is green building-certified by the Indian Green Building Council. There are about 1,500 shops in the project, which are available on the lower floors. From the third to 17th floor, the developer is constructing office spaces, banquet halls and hotels.
Galaxy Blue Saphire Plaza
Another commercial project by the Galaxy Group in Noida Extension is Galaxy Blue Saphire Plaza, which offers shops, office spaces and serviced apartments. The project is connected by wide roads. DND Expressway and Yamuna Expressway are close by. The project will have high-speed elevators and escalators. There will be power back-up, security and other features.
Gaur Saundaryam High Street
Gaur Saundaryam High Street is located in Techzone 4 of Noida Extension. It has a number of shops and departmental stores. This project is within the residential project ‘Gaur Saundaryam’. It is close to Gaur City, National Highway 24 and Crossing Republic. It has various modern amenities.
Paramount City Square
Paramount City Square is a project by the Paramount Group that has shops, anchor stores and restaurants. It falls within the ‘Paramount Emotions’ residential project. Paramount City Square has shops spread over three floors. The shops on the upper ground floor and lower ground floor, have direct entry. A separate entry and exit passage has been provided to the project.
Icon Leisure Valley
Icon Leisure Valley is located in Techzone 4 in Noida Extension. It has commercial shops of varying sizes. The smaller shops are located on the upper ground floor, while larger ones are located on the lower ground floor and first floor. The project has ample parking. Icon Leisure Valley has a number of residential projects in the vicinity from where people come for shopping.
Home and Soul Boulevard Walk
Home and Soul Boulevard Walk is a commercial project that has shops, apartments and office space. It is close to Noida’s Sector 120 and Noida City Centre Metro Station. The project caters to a large residential hub close by.
Cherry Arcade is located within the residential project Cherry County. The project is located on a 130-metre-wide road and has a large parking area for four-wheelers and two-wheelers. It is located in Techzone 4 of Noida Extension. Cherry Arcade has shops, restaurants and a food court. Shops have been constructed in way that they have maximum frontage.
La Galleria is a prime commercial project in Techzone 4 in Noida Extension. The project has two blocks and each block has three floors, comprising of shops and restaurants. This project is in the middle of many residential projects, which have about 10,000-15,000 people living in the nearby areas and this project caters to the shopping needs of these people, especially for everyday requirements. Four-wheeler and two-wheeler parking is available. The project is next to a 45-metre-wide road. There are chances of more residential development in the vicinity, which will improve the viability of businesses and shops in La Galleria.
What kind of commercial properties are available for sale in Noida, Uttar Pradesh?
Ready-to-move-in office spaces, bare shell office spaces, co-working, factory, industrial plots, warehouse, manufacturing, cold storage, banquet halls and such other commercial spaces are readily available for sale in Noida.
What is the approximate price of ready-to-move-in office space in Noida?
Depending upon the size of the property, the cost can range from Rs 25,000 to Rs 60 crores.
What is the cost of a commercial shop in Sector 62, Noida?
If you wish to buy a shop in Sector 62, the approximate cost range will be between Rs 28 lakhs and Rs 13 crores, as of November 2020.
(With inputs from Sneha Sharon Mammen)