Increase of 10-15% in Office Spaces Leasing in 2022: Experts

Posted on February 24, 2022February 28, 2022 by Wave One

“Occupiers’ intention to expand is expected to exert downward pressure on vacancies in the coming years,” said Anshuman Magazine, Chairman & CEO-India, South-East Asia, Middle East & Africa at CBRE

As per the report published by CBRE, office vacancy in NCR has increased to 27.7% in the third quarter of 2021. The developers believe that this trend will not fall short further and will continue to increase in 2022 by about 10-15% on an annual basis.

“We firmly believe that vacancies have bottomed out and the graph will turn positive in 2022. Given the relatively subdued impact of Covid phase (Omicron), we have already seen request for proposals (RFPs) from occupiers out in the market with several large transactions slated to close in first half of 2022,” said Gagan Randev, executive director, Inda Sotheby’s International Realty.

This information is necessary, as things have come back to normal. Many companies have called their employees back to the office and some have opted for a hybrid model – some employees permanently working from home and some from the office. Also read – Ready to Move Commercial Office Space Options in Noida

The pandemic has shown us the importance of open office spaces that are pretty much in demand. Even the developers are now focusing on providing open office spaces to the clients. Open office spaces like Wave One Business Tower – located in the commercial hub of Noida – Sector 18, are promoting the idea of employees’ mental health and overall health.

Open office spaces are nothing like traditional box shape cubical. These are more employee-friendly where employees are promoted to work in a comfortable atmosphere with the luxury to move around the office, talk to their colleagues, and have a break anytime they feel stressed about work. Also read – The Future of Offices in India

So, if you are looking for the best commercial office spaces in Noida, then Wave One is a perfect place to set up your business. It is a 41-stoery building with amazing facilities and amenities. The office spaces are ready to move, allowing you to get to business the very day you decide to invest in it.

Anyone can say that they are the best commercial office spaces in Noida, but when it comes to proving the statement their words fall short. That’s not the case with Wave One, as we are, what we say.

Wave One is located in the commercial hub of Noida, which already makes it the most sought commercial office space in Noida. Then comes the infrastructure. A 41-storey building is more than enough to accommodate any type of business. There are three office options available – Platinum, Gold, and Silver, that you can choose based on your business’ needs.

Other than commercial office spaces, Wave One also offer retail outlet spaces as well. So, if you are looking for the best retail outlets spaces in Noida or NCR, then you can surely take a look at what Wave One has to offer and how this space can help you in getting more business and profit.

You can check out more about Wave One on the website or you can visit the site personally to grasp why Wave One is called the best commercial office space in Noida.

3 Top Hacks for Investors to Find a Perfect Deal

Posted on February 12, 2022February 17, 2022 by Wave One

Finding the best commercial properties is never easy. Many developers and investors have to go through a lot of thinking, discussions, and site visits before they can secure the deal. However, even if you aren’t a professional real estate agent or have no idea how to move further in selecting the best deal either commercial or residential, these hacks or tips will help you to find the perfect deal suited to your expectations.

Top Hacks You Can Apply to Find the Best Deals Around

1. Understand the Value

Based on the location of the site or property, the value of the property can vary. Some locations which already home many big residential or commercial projects will have a little high price value compared to the ones which are just in the process.

So, when you are selecting the property, learn about its location, nearby projects, talk to the real estate agent, and understand what the project holds for the future. If it looks like a profitable decision, we suggest you go for it, otherwise, wait and look for some other sites. Remember, patience is the key. Also, read – Why You Should Invest in Commercial Properties?

2. Look for Motivation

Here, motivation means looking for the seller who is willing to sell off his property even if they are getting a lower price. These sellers are usually the ones who are either moving to the new city and want to dispose of their property at the earliest or the ones who are in dire need of money. If you land such an opportunity, make sure that you properly understand what the property entails and what all needs to be done after it has been handed over to you. Also, read – The Future of Offices in India

3. Consult the Right Broker

It is very important that you consult a broker before you end up purchasing the best commercial or residential property. Why is that? Because when you feel that home remedies aren’t working, you go to the doctor for a better and clean consultation. In the same way, a broker is a doctor who specializes in real estate properties related issues.

So, if you are looking for the best commercial property in Sector 18, Noida, Wave One could be the one where you can end your search. It is an ongoing project with an amazing future. You won’t find anything better than Wave One Commercial Tower as it is located in the commercial hub of the Noida – Sector 18.

It comes with future-ready modern open office spaces that are customized with separate and spacious conference rooms. The tower has its own parking space that can park over 2800 cars. The whole area is secured with security imported from Israel. Also read – A Favourable Climate for Property Investment: 2022

Why You Should Invest in Commercial Properties?

Posted on February 9, 2022February 9, 2022 by Wave One

Commercial properties are solely constructed for just one reason, that is for conducting business activities. Commercial property majorly confines – buildings that are used for businesses, for example, Wave One Commercial Office Spaces, lands that are bought to generate profit, and residential projects

Let’s dive more into the world of commercial property and understand what all they hold – how are they financed, taxed, and what all laws are applied to them.

What all Commercial Property Confines?

1. Breaking Down Commercial Property

Commercial property includes:

malls
grocery stores
offices
industrial estates
manufacturing shops

The performance of commercial property in a particular region or economy can be examined on the basis of its sales, prices, new projects, and occupancy rates. Also, read – 5 Things to Look Out for When Purchasing a New Office Space

2. Investing in Commercial Property vs. Residential Property

Investing in a commercial property isn’t something new in the market, people and developers have been investing in the projects from the time of its existence. Though initial investments and costs associated with the commercial property is higher compared to residential real estate projects. However, looking at a future perspective, you can expect maximum returns. Also, unlike residential real estate projects, where prices tend to fluctuate based on market-driven factors like location, society, accessibility, possession, etc, the commercial properties are free from it as the prices mostly depend on the investment put into the project. Also, read – The Future of Offices in India

Why Should You Choose Wave One?

Wave One is located in Sector 18 – the commercial hub of Noida. It is one of the best upcoming commercial properties in Sector 18, Noida with a certified RERA number – all residential and commercial projects are asked to register with the real estate authorities of the state or district.

Wave One offers commercial offices spaces that are divided into three categories – Platinum Offices, Gold Offices, and Silver Offices. Based on your business needs you can choose the one that suits you the best.

Other than offering commercial office spaces designed with keeping future aspects in mind such as open office spaces, large and separate conference rooms, designated big parking, security, etc, Wave One also offers Retail Outlets and Food Court and Multiplex makes it the best commercial office spaces for rent in Noida.

So, if you are looking for the best office spaces for sale in Sector 18, Noida, then Wave One could be the place to start your business journey.

How to Choose the Best Commercial Property in Noida?

3 Reasons to Choose Wave One as Your Next Business Space

Posted on February 4, 2022February 4, 2022 by Wave One

Every business needs a place where their company and the employees can work comfortably and efficiently. Looking at the present scenario, office spaces that are built with keeping the future aspects in mind have become a new trend in the real estate market. The developers are now focused on constructing office spaces that can cater to the needs of the world and meet the demands of aspirational businesses and employees.

Considering all things, if you are looking for the best commercial property in Sector 18, Noida, then you can for sure choose the Wave One Commercial Office Space. This commercial tower in Noida near Sector 18, is located in the commercial hub of Noida, where many businesses and companies are already settled or planning to settle, due to the future opportunities Sector 18 contains that will benefit the companies in the longer run. Also, read – Best Top Location for Commercial Investment in Noida

Why Choose Wave One?

1. Future-Ready Office Spaces

The pandemic has shown us the importance of hygiene, mental health, and working in an open and modern office space. Wave One – a 41-storey iconic structure of more than 2 million sq. ft. of built-up area that is situated in the core of Sector 18, the commercial hub of Noida. Designed by internationally recognized architect, Brennan Beer Gorman from New York, the tower is set to offer an experience like none other. Also, read – How to Choose the Best Commercial Property in Noida?

Wave One offers three types of business floors based on the companies’ requirements and needs.

Three Different Floor Plans include:

– Platinum Business Floor

– Gold Business Floor

– Silver Business Floor

2. Retail Spaces at Wave One

Wave One is not just an ideal location for the business, but an amazing opportunity for the retail outlets as well. It is a shopping extravaganza that brings together the luxury of a mall and the European experience of a high street. Also, read – 5 Things to Look Out for When Purchasing a New Office Space

Features:

The prime plot of approximately 16900 sq.
4-side open
5.9 m height for retail on the ground floor
20 m long sidewalk
High street retail shops
Integrated entertainment-food-shopping
Shoppers’ promenade

3. Food Courts and Entertainment Hub

Spoil yourself and take a plunge into the world of entertainment and fun. In addition to the ultimate movie viewing experience, comes a sprawling food court just to tempt the right taste buds as you enjoy these delectable options with your family and friends. So, be it an evening out with your special one or dining with your group of friends, Wave One is the destination that will leave you asking for more. Also, read – The Future of Offices in India

If you are looking for a food court space in Noida, Sector 18, Wave One could be the perfect place to start your journey.

Tag: Future of Offices in India