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Office space crunch in Noida

Q: Why there is are crunch in office space in Noida and Greater noida?

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Replies (2)
1
Yes i agree with Suhail Its more because of the hike rate. BUt its also suitable time to invest in underconstruction office spaces near the yamuna expressway and noida expressway as they are going to be closer to the greater noida airport
rohini


2
Hi, this is because of the new rule by the Noida
authority's to hike land allotment prices by more than 30%. Not only that one of the major reasons that I
feel is the decision to scrap the Jewar Airport. This has a major impact in the
way corporates are seeing Greater Noida now. Logistically, it makes sense to
stay closer to the airport.
Suhail


Yes, I agree to the fact that these might be the reason, but how much has this affected the prices?
Pavan Jain,  Delhi-NCR
31st July 2013


3

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