WTC Noida - Leading Innovation

Being a good affordable market with good infrastructure, Noida is a suitable destination for realty investment. Noida market is driving economic growth and is emerging as the India’s preferred commercial hub. Brands like WTC Noida among others who are providing unique design solutions are attracting big buyers. Thanks to its comprehensive ecosystem, WTC Noida complex has been attracting various new age businesses and its Venture Accelerator Center has already incubated 30+ companies and counting.

Noida Leading the Commercial Real Estate Segment

The office market in Noida is gaining traction due to availability of quality office space at lower rentals compared to Delhi and Gurgaon and presence of excellent infrastructure. The investors’ friendly Government policies and guidelines to boost commercial infrastructure activities is adding more value to the region. Delivery of projects in Noida has got better with these guidelines, leaving a positive impact on the sentiment of the market as the occupancy rates start to rise. Lately, the Viridian Project, WTC Noida which has a global network of office complexes across 330 cities in 100 countries, delivered Phase 1 just on time.

The first phase of WTC Noida saw a 100% Occupancy from Day One. Standing in its full glory, the first phase of WTC Noida (Tec I and Tec II tower) got leased to VIVO, a premium smartphone company. The full occupancy of WTC Noida Phase 1 shows the strong brand image in the market and in future it will generate a huge demand for its other complexes.

WTC Noida Opening New Horizons in the Commercial Space

With the changing time, the urban policy makers are considering innovative ways to use technology to manage commercial space amid changing expectations of the expanding urban population. Companies like World Trade Center are creating a wave in the current domain. With an innovative mix of skills, tactics, and strategies WTC Noida complex has been attracting various new age businesses and its Venture Accelerator Center has already incubated 30+ companies and counting.

Headquartered in New York, USA, World Trade Center Noida is changing the face of the commercial space through its innovative design solutions. 

Memorandum of cooperation (MoC) signed between World Trade Center (WTC) Noida and the China Association of Small and Medium Enterprises (CASME)

The exceptional facilities and services of World Trade Centers attract some of the biggest names from business. WTC Noida, the regions' premier trade and investment facilitation organisation, has signed a memorandum of cooperation (MoC) with the China Association of Small and Medium Enterprises (CASME). The MoC aims towards creating various trade and investment opportunities for Chinese enterprises willing to explore the Indian market.

WTCs facilitate international trade and thus contribute to development of regional business communities, creating thousands of job opportunities and enabling millions of dollars of business for the regional community. Viridian RED is developing WTC Noida's third phase. The first two phases are already completed and delivered.

Executive president of CASME Group, Jun Shao envisaged for a boost in trade and economic relations through this MoC. He said, "This collaboration will further strengthen India China cooperation and investment from Chinese enterprises will boost the manufacturing sector. It will also prove to be a huge to stimulate cross border trade and investment relation between the two fastest developing nations of the world."

The trade and investment opportunities will only grow in India – CEO WTCA

India is a good investment option for those willing to hold properties for long-term. With investor friendly trade policies, the commercial segment is seeing a huge improvement. Talking about global brands like WTC, they are creating innovative commercial spaces for the buyers with all the required conveniences. 

The World Trade Centers Association (WTCA) CEO Scott Ferguson said, ‘’Trade and investment opportunities will only grow in India with recent changes in government policies’’. 

"Real estate globally is seen as a key driver of economic growth and needs to be seen as (something) beyond an asset class," a statement quoted Ferguson as saying.

Further addressing to the community Ferguson said"I congratulate WTC Noida on becoming the first operational facility in North India, delivering its first two towers which are completely leased and hope to see great results for the next phase as well. Viridian group is our main partner in India".

Noida to become India's Mobile Open Exchange Cluster

World Trade Centers Association (WTCA), the governing body of WTCs with 300 centres in 90 countries, is looking to expand operations in India to promote trade and investment. The association provides platform to business entities who are looking to connect globally and prosper locally. Recently, it signed a Memorandum of Cooperation with CASME, China's association of small and medium enterprises who are looking to establish their business in India. 

WTCA has given licenses for the development of 21 World Trade Centers in India. At present five World Trade Centers are operational at Mumbai, Bengaluru, Pune, Noida and Kochi. Out of all these, Noida is the biggest in terms of the total developable area.

Viridian Group is developing the Noida facility on 44 acres, comprising 4.2 million sq ft of mixed-use development, with an investment of Rs 1,000 crore and the company has licence to 12 other such centres across India. The first phase comprising 7 lakh sq ft is already operational. Viridian Group is owned and managed by Mr. Ashish Bhalla. 

With Vivo Mobile taking up the entire 7 lakh sq ft on lease, Viridian group is targeting to develop this centre as mobile open exchange cluster (MOX). MOX will help in cutting operational costs and higher profitability for mobile firms on the back of efficient supply chain systems that will evolve due to the proximity of the vendors and suppliers in the cluster, she said, while inviting mobile companies to set up their units in the Noida centre.

NBCC to develop WTC in South Delhi's Nauroji Nagar

National Buildings Construction Corporation (NBCC), which is developing 12 commercial towers spread across 3.2 million sq ft of area in Nauroji Nagar, has received the license to use WTC name for one of its towers. This way, it becomes the second WTC tower in Delhi NCR. The first WTC is being developed at Noida by Viridian RED, the real estate arm of Viridian Group owned by Ashish Bhalla.

The construction of world trade centre is the part of the redevelopment plan of Nauroji Nagar area. Altogether, the Government has decided to redevelop seven colonies in New Delhi. All these are Government employees’ colonies located in Sarojini Nagar, Netaji Nagar, Nauroji Nagar, Tyagraj Nagar, Srinivaspuri, Kasturba Nagar and Mohammadpur.

The World Trade Centres Association (WTCA) has given licences for the development of 21 World Trade Centres in the country. Viridian RED, being the prime partners, shall be developing 13 out of the total of 21 WTCs. Viridian RED is the real estate division of Viridian Group, operated by Ashish Bhalla.

At present five WTCs are operational at Mumbai, Bengaluru, Pune, Noida and Kochi. The WTCA stimulates trade and investment opportunities for commercial property developers, economic development agencies, and businesses looking to connect globally and prosper locally. There are over 300 world trade centres spread in 90 countries.