Why Noida Is the Right Place to Start a Retail Business?

Noida is one of the fastest-growing retail markets in India, and because of its proximity to the national capital, the population is mainly skewed to young demographics, unprecedented growth in infrastructure, and lower rates of real estate.

 

One can invest in shops sector 132 Noida as the property prices in Noida are usually lower than in Gurgaon and Delhi markets. The city has several popular malls, such as DLF Mall of India, Wave City Centre, Paras One 33, and many more. 

 

E-commerce is booming in Noida, as it is in other significant Indian cities. After the epidemic, however, most consumers have concluded that online shopping cannot truly replace in-person buying. Due to the huge increase in foot traffic, physical retail has experienced a renaissance.

 

Why Noida for Retail Business?

 

1.   Growth in Investment

 

Noida is one of the most well-liked investment areas in India. Noida received USD 8.96 billion in investments from 2016 to 21. The Swiss Retail Giant recently announced an investment of USD 750 million toward shopping malls, hotels, warehouses, etc. IKEA's largest investment in India is this one. New proposed business clusters for textiles, electronics, and other industries have been announced near international airports.

 

2.   New International Airport

 

In the Jewar region, there is an upcoming international airport that, when finished, will be India's biggest airport. An overall sum of USD 4.1 billion was invested in constructing the international airport. The airport project will have a favorable ripple effect on the neighborhood and spur growth in the real estate, manufacturing, hotel, retail, and IT sectors.

 

3.   Proximity to National Capital

 

In India, Noida is located close to the capital city. It is connected to Delhi by the Noida-Greater Noida expressway. It is also connected to Mayur Vihar in Delhi via the DND flyover. Being close to the national capital naturally makes retail Shops 132 Sector Noida a preferred location for both domestic and foreign retail establishments to prosper.

 

4.   Major IT/ ITeS Catchment of India

 

In recent years, Noida has steadily become one of India's fastest-growing IT marketplaces, challenging Hyderabad, Bangalore, and Gurgaon for top honors. Large offices and service centers are in Noida for major IT MNCs, including Google, Infosys, Microsoft, Accenture, TCS, Paytm, Sapient, and Red Hat.

 

Major research, consulting, and analytics firms have also established a presence in Noida. As a result, a sizable educated, wealthy workforce is fueling demand for contemporary retail.

 

5.   Unprecedented Investments in Infrastructure

 

Recent unprecedented infrastructure improvements have helped the commercial sector in Noida develop even further. Due to its large metro network, wide motorways, carefully planned business clusters, a plethora of flyovers & bridges, and much more, one who will invest in shops sector 132 Noida currently enjoys one of the top livability ratings in India.

 

Conclusion

 

Noida can be the perfect place to find a retail shop to start a business. One can even look over Orion 132 expressway, which will make everything a lot easier as the project comes with all the features you may want.

Location: Noida, Uttar Pradesh, India

Comments

  1. parasavenue3423 September 2024 at 22:57

    Looking for commercial shops for sale in Noida ? Explore Paras Avenue! Our premium retail spaces are designed to attract customers and elevate your business. Located in a bustling area, these shops offer high foot traffic, modern facilities, and flexible layouts. Don’t miss this opportunity to invest in a thriving market. Contact us today to find your perfect commercial space!

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