The development of the mixed-use commercial property was born out of a necessity to reignite shoppers’ interest in malls and drive foot traffic. A burgeoning number of ageing or deserting shopping malls are currently being, or have already been, modified into vibrant, more-profitable, entertainment hubs where customers can live, play, visit, and shop. Greater Noida West OR Noida Extension is the talk of the town, specifically among best commercial property in NCR developers and investors. Greater Noida has set to sparkle to be known as the best destination in NCR due to expanding commercial properties in Greater Noida West.
It is one of the most actively developing areas of NCR in terms of infrastructure.
Focus on mixed-use projects-
The pace at which Greater Noida West is expanding investment destination guarantees that in the coming few years, it will be a tremendous success for the investors investing in commercial real estate investment & will be equally beneficial to the residents in Greater Noida. In addition to customer demand, there are market reasons for developers to converge on mixed-use projects. First, tenants stand to serve from prolonged exposure to customers, since these spaces attract more footfalls for different purposes. As a result, tenant attraction and recall can be improved through focus on mixed-use. Second, portfolio risk is diversified across various property types and uses, particularly at a time when disruptive forces have performed many single-use properties underutilized or inappropriate in a short period. This is valid for many standalone offices and retail constructions, which have lost tenants as the result of more general trends such as the sharing economy or retail store closings. These trends and drivers have made real estate developers rethink their strategies, and we now are seeing an increased propagation of mixed-use developments across India.
Changing Times & New Conceptualisation of the Malls-
To reacting to varying consumer demands, developers are also leveraging various alongside commercial and retail properties to tap into the existing consumer base that has grown around them in Greater Noida region. The developers constructing best commercial properties in Greater Noida are continuously adopting the newer techniques which affect demand. The pandemic has made to rethink on adopting more modern strategies going onwards & this will help the newcomers in the commercial sector.
What’s for next?-
The mixed-use transformation of shopping malls and brick-and-mortar retail is not only creating dynamic, exciting spaces for consumers. It is also having a positive impact on urban development & this can be testified in the commercial property market in Greater Noida West. In the last several years, there has been an enhanced demand for mixed-use advancements as customer preferences for integrated urban-lifestyle centres cater to the “live, shop, work, play” mantra. It has become more articulated, especially in Greater Noida west region. Interestingly, this lifestyle inclination is attracting not only the millennials but also from older generations, who want to live in walkable and well-connected urban vicinities.
Saya South X, an upcoming one-stop shopping destination in Greater Noida West-
Focusing on the best use of modern technologies during the construction process, Saya Homes, have inspired from forming an archetypal. The world is evolving to a throbbing community, imparting its residents the exceptional lifestyle, in NCR/Greater Noida West. Saya South X, a mixed-used luxury high-street development commercial property in Greater Noida West . The mixed-used high-street has a distinct set of spaces such as retail shops, anchor stores, and gourmet dining outlets, multiple business suites, smart offices, restaurants, cafes, and a six-screen multiplex. It is a three side open project located at the roundabout with a prominent frontage. It is a magnificent building with the most advanced practicalities such as CCTV’s, smoke detectors, fire fighting systems, sprinklers as per NBC, etc. The destination aims to lure nearly 5, 00,000 families in the vicinity. Saya South X can be envisioned to be a novel high-street with the highest ROI in the future. One can grab the exciting opportunity now for having perfect investment options. So Hurry up NOW, your one call can crack the best deal for YOU!!