With people coming from all around the city, Noida is a major IT hub of India. With multiple companies and industries being developed, have you ever wondered what is the average office space rent in Noida?
Average Office Space Rent in Noida
The average office space rent in Noida can vary between INR 25 to 90 per sq ft. The rent can vary depending on multiple factors like area and facilities provided. When looking to rent an office space, be prepared to encounter a wide range of prices as different areas have different rent.
Areas like sector 2, 60, and 63 are sure to have a high price. For instance, office space for rent in Noida sector 63 is priced at INR 60. On the other hand, sector 3 and nearby areas will probably have a more affordable per sq rent. There are multiple factors to consider when looking for an office space. These little things can make a lot of difference, read the section below to know about them.
Factors That Determine High Office Rent in Noida
- Location
- Building and Amenities
- Size
- Duration of Lease
- Demand in the Area
- Transporting Facilities
- Overall Infrastructure
Compared to other areas in Delhi and NCR region, Noida has high real estate prices and these are the factors that contribute to the high price of office space rent.
How to Find Affordable Office Space in Noida
To find affordable office space in Noida you need to look at the right place and make sure you’re getting a nice deal. You should know how big of a space you need and how long you will be renting it. Getting a lease that lasts multiple years is sure to decrease the rent for you.
Apart from the lease duration, here are the factors you should look for when renting in Noida:
Search Online: Searching online will make all the difference and give you the right overview about rent prices in the area. Just do a quick online search and you’ll know a lot more than before about renting office spaces.
Consult Real Estate Agent: When looking for an office space, real estate agencies need to be your best friend. Consulting a real estate agent is the fastest way to find a solution as they will give you exactly what you need. Just make sure to let them know your budget and needs so they can show you the right results.
Apart from this, you should always seek advice and knowledge from multiple sources to get a proper idea of office spaces and rent. Finding an ideal office space in Noida is not an easy task but with right information, you can make the whole process a lot easier for yourself and your company.