If you are looking for commercial property near Noida Sector 62, you are on the right path. Noida Sector 62 is one of the most developed and well-planned areas in Noida. It is popular for its IT parks, office spaces, and smooth connectivity. In this guide, we will explore everything you need to know about buying or investing in commercial property near Noida Sector 62 in simple and easy language.
Why Choose Noida Sector 62 for Commercial Property?
Excellent Location: Noida Sector 62 is located near the Delhi-Uttar Pradesh border. It is very well connected to Delhi, Ghaziabad, and Greater Noida. The area is easily accessible through the Blue Line metro and wide roads.
Business Hub: Sector 62 is known as a major IT and business hub. Many multinational companies (MNCs), BPOs, and startups have offices here. Big companies like Tech Mahindra, TCS, HCL, and Samsung operate from this area.
Great Infrastructure: The area has modern buildings, clean roads, wide footpaths, green parks, and commercial complexes. It also has banks, hospitals, hotels, restaurants, and shopping centers nearby.
Metro Connectivity: The Sector 62 Metro Station on the Blue Line connects you to major parts of Noida and Delhi, making it easier for employees and customers to reach your office or shop.
High Demand: Due to its location and facilities, there is a high demand for office spaces and retail shops in this area. This also makes it a good place for real estate investment.
Types of Commercial Properties Available
Office Spaces: Ideal for startups, IT companies, BPOs, and small businesses. You can get fully furnished or raw office spaces, depending on your budget.
Retail Shops: Perfect for showrooms, retail outlets, salons, and cafes. Ground-floor shops get good footfall from office-goers and residents nearby.
Co-working Spaces: Shared office spaces are becoming popular here. Many companies and freelancers prefer co-working spaces due to lower rent and flexible terms.
Commercial Plots: If you want to build your own office or showroom, commercial plots are also available in and around Sector 62.
Top Trusted and Reliable Commercial Projects Near Noida Sector 62
Logix Cyber Park
- Located in Sector 62.
- Premium office space with modern facilities.
- Has food courts, parking, security, and power backup.
iThum Towers
- Located near the Sector 62 Metro Station.
- One of the most popular commercial buildings in the area.
- Offers office spaces, retail shops, and food courts.
Stellar IT Park
- Situated in Sector 62.
- IT Park with high-end office space.
- Well-maintained and equipped with modern facilities.
Unitech Infospace
- Close to Sector 62.
- Large IT campus with good connectivity and facilities.
- Suitable for IT and tech-based companies.
Corenthum and World Square Mall
- Offer retail shops and office spaces.
- Located in or near Sector 62.
- Ideal for small businesses and retail brands.
Galaxy Blue Sapphire Plaza (Nearby in Greater Noida West):
- If you are open to slightly nearby areas, this is a mixed-use commercial project.
- Offers showrooms, office spaces, and food courts.
Price Range of Commercial Properties Near Sector 62
- Office spaces: INR 6,000 to 12,000 per sq. ft.
- Retail shops: INR 10,000 to 20,000 per sq. ft.
- Co-working spaces: Starting from INR 5,000 per seat/month
- Commercial plots: Price varies based on location and size
(Note: Prices can vary based on the exact location, project, and market trends.)
Things to Check Before Buying Commercial Property
- Builder Reputation: Always buy from a trusted developer with a good history of delivering quality projects.
- Legal Clearances: Make sure the property has all approvals from local authorities.
- Location and Footfall: Choose a property that is easy to reach and gets good customer traffic.
- Return on Investment (ROI): Check the rental income and resale value. Properties near metro stations usually give better returns.
- Maintenance and Amenities: Look for basic facilities like security, lifts, parking, power backup, and hygiene.
Advantages of Investing in Commercial Property Near Noida Sector 62
- Regular rental income
- Good appreciation in property value
- High demand due to commercial development
- Safe and well-connected location
- Growth of IT and tech companies
Who Should Invest Here?
- Small and medium business owners
- Startups and entrepreneurs
- NRIs looking for safe investments
- Investors looking for passive income
- Retail brands expanding in NCR
Future Growth and Development
- More infrastructure projects are planned in and around Noida.
- Expansion of metro connectivity.
- Rising demand for co-working and flexible office spaces.
- New malls, hotels, and commercial hubs are being developed.
All these factors make Noida Sector 62 a bright spot for commercial real estate in the coming years.
Conclusion
Buying or investing in commercial property near Noida Sector 62 is a smart move. The area offers excellent connectivity, modern infrastructure, and a strong business environment. Whether you are starting a new business, opening a retail shop, or looking for rental income, you will find many good options here. Just make sure to do proper research, check legal papers, and choose a trusted builder.
With growing demand and development, commercial property in Noida Sector 62 is likely to give you good returns in the future. So, take the next step and explore the best property options in this booming business location.
FAQ’s
How much is the rental yield for commercial property in Noida?
In Noida, commercial properties typically offer annual rental yields ranging from 8% to 12%.
What is the ROI of commercial property?
Commercial property in Noida offers a potential ROI through both rental yields and capital appreciation, with rental yields ranging from 8-12% annually.
What is the stamp duty in Noida for commercial property?
In Noida, as of 2023, the stamp duty rate is 7%, while the registration fee is 1%.
What is the rate of tax for commercial property rental income?
If any commercial property is rented out, it attracts GST 18% on the taxable value, and the rent is considered a taxable supply of service.
