Paras Avenue: Top Choice for Office Spaces for Sale in Noida

Noida has emerged as a significant hub for office spaces in the National Capital Region (NCR) of India, attracting businesses ranging from startups to multinational corporations. The importance of office spaces for sale in Noida can be understood through several key factors that contribute to its appeal as a business destination. Its strategic location, thriving business environment, cost effectiveness as compared to having an office space in Gurgaon, modern infrastructure, and so on are some of them.  

Paras Buildtech's Paras Avenue in Sector 129 is a notable project for buyers and investors seeking office spaces for sale in Noida. This project aims to be a high-street destination, blending office spaces with shopping, dining, and entertainment options.

Availability of office space
The real estate market in Noida has seen a surge in office space availability, allowing companies to plan expansions without facing significant hurdles. With nearly 10 million square feet of office space leased out recently as per records, the region continues to attract new businesses looking for suitable locations. Fitting the bill is Paras Avenue, which is spread over 88,862 square feet approximately. Designed to accommodate a diverse range of businesses thereby making it an attractive location for various commercial ventures, Paras Avenue has office spaces for IT firms and other corporate offices; retail shops ideal for clothing, electronics, supermarkets; and high-end restaurant chains like Pind Balluchi, and eateries like Punjab Grill, Biryani Blues, Bercos, Sagar Ratna, Wow Momo, Keventers, The Waffle Co., and more; lifestyle stores like Bluestone Jewellery and Toni&Guy, as well as an entertainment zone for gamers and a multiplex for cinema-goers.   

Key features and amenities
Paras Avenue is designed as a low-rise structure featuring modern architectural elements. It is equipped with high-speed elevators, centralized air conditioning, 24/7 power backup, ample parking space, and modern security systems. What’s more the project has even emphasized upon natural light and ventilation in its design, creating a pleasant environment for both businesses, employees, and customers.

Increased rental yields
With rising demand for commercial properties, rental yields in Noida are anticipated to improve significantly. Regarding office spaces for sale in Noida investors can expect favourable returns as the market continues to grow. The projected growth rate for rental markets is around 20% over the next few years, making it an attractive option for landlords and investors alike.

Future growth potential
Looking ahead, Noida is poised for further growth due to upcoming developments such as new transportation projects and infrastructure improvements. As employees live close by in residential neighbourhoods such as ATS Village and Jaypee Greens, it offers a large customer base for retail businesses as well. Also, the introduction of Noida International Airport in Jewar is expected to enhance connectivity even further, making Noida an even more attractive destination for corporates seeking long-term growth prospects.