Commercial development is widespread
in National Capital Region’s most popular town, Noida. With superior
infrastructure, excellent roads and a large inventory of residential spaces,
Noida has emerged as an ideal commercial realty hub. The progress of work on
the Noida & Greater-Noida Metro route is attracting occupiers and workforce
alike.
Tech companies absorbed almost 60%
of the fresh office lease in Noida last year. With Big MNCs and blue chip
companies shifting their base location to the city, Noida and Greater Noida is
experiencing an expansion in office space absorption. One such shift happened
last year when Vivo Mobile, a Chinese mobile handset manufacturer shifted their
operations to WTC Noida.
Area wise, WTC Noida is WTCA's
largest operating WTC, second to Beijing, China. The project is being developed
by Viridian RED. While supporting the Government’s Digital India initiative,
World Trade Center, Noida (WTC Noida) is promoting Techzone I as a MOX Hub in
Greater Noida and has approached the Government of Uttar Pradesh for support
and partnership.
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