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.
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