New Okhla Industrial Development Authority, in short, Noida is a satellite city of Delhi and a part of the NCR or National Capital Region of India. Its administrative headquarters are situated in Greater Noida. 50% of Noida is covered by trees and hence it is India’s greenest city. The agricultural yields in this city are very low as the land here is not very fertile. The Noida authority has a surplus of funds, so much so that, it can run the city efficiently even if it does not collect any taxes from its taxpayers for 5 years in a row. This makes the Noida Authority one of the richest civic bodies in all of India. Noida comes under the Special Economic Zone (SEZ).
Office Space in Noida
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Noida has become a popular spot for Information Technology industries as many of the IT companies have set up base here. Companies offering services in the fields of banking, pharma, financial services, auto, insurance, manufacturing and fast-moving goods too call Noida their home. The past decade has seen Noida emerge as a hub for mobile and software companies. Companies like Samsung, HCL, Barclay’s, CSC and Agicent are major contributors to the city’s economy due to their software product development and service export dealing in foreign currency.
Space Types
- Open Desk
- Private Room
- Meeting Room
Noida is also being recognized as an illustrious location by the film and media fraternity. Many television soaps, films, news media etc are being increasingly filmed here. News channels like Zee News, NDTV, Tv today, NewsX, network 18 and India Tv are situated here. Its propinquity to Delhi, which is the political fulcrum of the country, attracts news channels to Noida.
Localities
- Sector 63, Noida
- Sector 2, Noida
- Sector 18, Noida
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Noida is an ideal location for setting up an office space and a coworking space. Office space for rent is easily available and virtual office and coworking spaces in Noida are the new trend that the people of Noida are leaning towards. Several quality virtual spaces and commercial property for rent are cropping up and attracting clients with the promise of high yields and high returns with low fixed costs for those businesses which are just starting out or are fully established and recognized. Noida has a very positive commercial climate in the sense that settling in for an office space in Noida or a room for rent in Noida would mean optimum utilization of its excellent power supply, an environment conducive to IT industries, ready availability of skilled manpower, low cost of setting up industrial units as well as a considerably low cost of living. These are the major contributing factors that make Noida an attraction as far as office spaces, coworking spaces or virtual spaces are concerned.
Here are some hotspots in noida
Noida City Centre
Construction is currently underway for this project. The proposed plot of land that is to be developed is around 99 hectares in area. The city centre will bring together shopping arcades, opulent office spaces and international retail food chains along with multiplexes and 5-star hotels.
Sector 18
The commercial complex in this centre has turned out to be a centre point for trade and commercial activities. This is an ideal location for traders as sector 18 provides office facilities and opportunities for commercial expansion. The malls here offer a gamut of international and national clothing brands and restaurant chains that suit all pockets. It also has 5-star hotels and multiplexes.
Sector 62
it is a noteworthy location in central Noida. The commercial and residential areas are clearly demarcated here. The Noida campuses of some of the leading universities of India like, IIM Lucknow, Symbiosis Center for Management Studies and Symbiosis Law School are located here. It also houses branches of State Bank of India, HDFC Bank, ICICI Bank, IndusInd Bank and other prominent banks of India.