Noida has emerged as one of the leading cities in India that generates new jobs on different work fronts. Much like Tier-I cities such as Mumbai, Bangalore, and Hyderabad, Noida is anticipated to turn into the IT hub that would be the centre of several employment opportunities.

Small and medium-sized businesses and entrepreneurs also prefer leasing coworking spaces in Noida to save expenses. All the innovative novel approaches open up a new horizon of possibilities for business experimentation.

Why Noida is the ideal location for coworking spaces

The core reasons that establish Noida as the hotspot for MNCs also explain the rising necessity for coworking spaces solutions in this city. As a result, we witness a growing demand for coworking spaces in Noida. Some of the key reasons that explain why coworking spaces in Noida are ideal locations:

Proximity to Delhi

The strategic location of Noida in close proximity to Delhi further establishes the significance of this city.

i) Being well connected to the capital city of India and other parts of NCR through highways, expressways, and metro rail, Noida is closer to the Delhi-based business houses and other organisations that play a key role in their ventures.

ii) More and more people from Delhi are also investing in office spaces in Noida, and the per capita income of Noida has currently reached Rs 6.71 lakh per annum. This connectivity also allows numerous workers and employees to travel to Noida for employment. Hence it bridges the gap between the companies and the skilled workers needed by the former.

iii) The well-connected network of roads and highways make Noida easily accessible. The new Governmental plans for the expansion of the metro railway will further help the industrial sectors of Noida. The easy availability of different forms of commuting, like buses, and shared cabs makes the journey seamless and hassle-free for employers, entrepreneurs, and employees.

iv) The distance between Delhi and Noida is 40 km, and good connectivity assures better access to resources and workforces for companies. Hence it establishes the demand for new coworking spaces in Noida. Moreover, Noida offers coworking spaces conveniently located near corporate offices, banks, IT hubs, and MNCs, creating an ideal and dynamic environment for productivity and growth.

Upcoming infrastructure development

Noida has become the centre of several upcoming infrastructure development projects. The Government has sanctioned several new projects in Noida to set up an Industrial township, transport hub, and logistic hub. This infrastructural development will benefit real estate expansion which will boost several new businesses.

i) According to the constriction plans, the township will spread over 760 acres in Greater Noida. The GNDA (Greater Noida Development Authority) and UPSIDC (UP State Industrial Development Corporation) shall call the shots in finalising the site.

ii) The transport hub and logistic hub shall comprise 400 acres and 1,200 acres of land, respectively. Thus this giant-scale infrastructure will also lead to the construction of railway lines and new roadways.

iii) The government has also planned to set up 5 new police stations to maintain law and order, along with a forensic lab and cyber crime cell to curb the issues of IT hubs. Most importantly, the government shall stress the construction of power stations to support this budding infrastructure. Hence, this infrastructural development shall necessitate new coworking spaces in Noida to accommodate the growing number of new business ventures.

Availability of affordable office spaces

Noida caters to the needs of everyone, and it has easy access to office spaces, flexible workstations, coworking spaces, green offices, and hybrid offices to offer a wide array of options for employees and small businesses.

i) With budget-friendly payment schemes, Noida offers several options for availing office spaces. The coworking spaces in Noida is flourishing, which shows the possibility of such workspaces expanding soon.

ii) These office units are of top-grade aesthetics and modern amenities. The affordable options also come with technological integration, furnished interiors, an open layout with natural light, etc.

iii) The coworking solutions also reduce the expenses of small companies and individuals. The investment in office space also depends on the square feet of office space and the number of seats accommodated in the space.

 Presence of diverse industries

The success story of Noida is also reflected through the diversity of the business sectors flourishing at a quick pace. It has boosted the economy manifold and opened up several avenues for employment. The diverse sectors comprise IT, Software Companies, outsourcing hubs, energy and power utility companies, BPOs, and manufacturing companies. Being in close proximity to Delhi, IT companies can easily hire skilled professionals and hire business spaces in convenient locations.

As a result, many MNCs have made Noida their centre of operation. Some of the most reputed IT companies having offices in Noida are TCS, HCL, Dell, Wipro, Samsung, IBM, Adobe Systems, Accenture, etc.

i) Energy and Power Utility is the other sector that has flourished in Noida, and the top companies operating from Noida are NTPC Limited, Reliance Infrastructure, Oil India Limited, Tata Power, Gas Authority of India Limited (GAIL), Bharat Heavy Electricals Limited (BHEL), Indian Oil Corporation, Samsung Engineering, etc.

ii) Apart from these sectors, the BPOs have also reached the zenith of success in Noida, and these companies immensely contribute to the economy. The easy availability of employees further boosts the growth of this sector.

Some of the most popular BPOs in Noida are Accenture Services Pvt. Ltd, Steria India Limited, Colwell & Salmon, iEnergizer Limited, Innodata India Pvt. Ltd, Netedge Computing Global Services Pvt. Ltd. There is also a wide array of manufacturing Industries in Noida, and these, too, greatly support the nation’s economy. Manufacturing companies include engineering products, paints, automobiles, automotive parts, pharmaceuticals, agricultural products, screws and nails, consumer electronics, lighting, power equipment, etc.

Startup-friendly environment

i) In 2015, ABP News ranked Noida as the best city for promoting startup endeavours, and it has lived up to the expectation. Currently, the city houses approximately 2,695 tech startups.

ii) The city is also well known for its sophisticated infrastructure and other amenities like restaurants, shopping malls, hotels, hospitals, posh residential townships, and educational institutes apart from the industrial hub.

iii)What sets it apart from other cities is its state-of-the-art infrastructure of office spaces, and the real estate development of business spaces speaks volumes of the degree of business proliferation in Noida within a few years. This has attracted talent from different parts of the country and currently, the city has a population of seven million people.

iv) Several MNCs have made Noida their business centre and these offer lucrative job opportunities to a wide array of people. This conglomeration of talented professionals creates an environment that weaves innovation and so several startups flourish in Noida.

v) Moreover, it supports the manufacturing hubs at a lower cost as a result there has been exponential growth in the number of startups and currently Noida is home to startup giants like Paytm, HCL, Gradeup, Clovia, FabAlley, Magicbricks, etc.

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Ofis Square’s services

1. Open seats for hybrid office setups for individual employees and freelancers

2. Private cabins and cubicles for small teams

3. Seminar halls and auditoriums for team meetings

4. Office spaces with Speedy WIFI, Centralised Air Conditioning, and a Temperature Control facility

5. 24/7 Power Backup feature that further enhances the convenience of the companies

6. ATMs & Banks along with vibrant Cafeteria for the employees

Thus, the services provided by Ofis Square guarantee optimum comfort and convenience for the companies and the employees.

Benefits of choosing Ofis Square as a coworking space in Noida

We offer several utilities for coworking space in Noida and the advantages of resorting to our company are as follows:

1. We cater to not just individuals but also small teams of startups and entrepreneurs. Thus both freelancers, remote workers, and also small to medium-sized companies can benefit from this coworking solution.

2. There is a wide array of options for office spaces according to the requirement of the clients. For instance, one can opt for cubicles or personal cabins, or simply an individual desk according to one’s necessity.

3. Our state-of-the-art infrastructure also offers giant auditoriums, video rooms, seminar halls, etc for organising big events or gatherings in the office. Moreover, the modern interior décor and aesthetics further brighten up the mood of the workers and keep them motivated.

How Ofis Square is Revolutionizing Coworking in Noida

This emerging trend of coworking in Noida further encourages creativity and innovation. Professionals of diverse fields come together and share their ideas. The free flow of knowledge weaves new opportunities to develop business endeavours, generate employment and ultimately boost the development of the country’s economy.

Our coworking spaces create a positive environment which further promotes improved mental health of professionals and keeps them motivated in their tasks. The flexibility in availing of this opportunity and the easy access to the company also smoothen the process.

We at Ofis Square aim to create history in India by opening new business centres and encouraging other entrepreneurs to think outside the box to create new employment opportunities.

Final word

Thus the availability of convenient coworking in Noida along with the opportunity to acquire skilled employees greatly contributes to the exponential growth of startups in this city.

The myriad of options in ushering in innovation necessitates ample office spaces and Ofis Square: Future Works Here offers unique coworking space in Noida sector 62 and sector 3 to make the task easier for the diverse companies flourishing in the city.

This helps us anticipate a revolution in the field of business and technology that would immensely benefit the Indian economy and consolidate its position in the global scenario.