कैसे कानपुर को पछाड़कर नोएडा बना उत्तर प्रदेश की आर्थिक राजधानी ?

उत्तर भारत में नोएडा वाणिज्यिक हॉटस्पॉट के रूप में तेजी से उभर रहा है, नोएडा शहर अब यूपी की वित्तीय राजधानी है, न कि कानपुर, और यह एक नई सेवा-आधारित अर्थव्यवस्था में राज्य का नेतृत्व करनेकी क्षमता रखता है।

नोएडा यूपी का मनी-स्पिनर्स है

2017-18 के दौरान 0.17% की मामूली गिरावट दर्ज करनेके बावजूद, नोएडा सभी जिलों में पहला स्थान रखता है, जो राज्य के सकल घरेलू उत्पाद का 10.12% है। लखनऊ, जो नोएडा के बाद दूसरे स्थान पर है, राज्य जीडीपी का 3.85% योगदान देता है, भले ही यह नोएडा के 40% सेकम के आंकड़े से पीछे है। 

प्रति व्यक्ति आय के मामले में भी नोएडा पहले स्थान पर है, औसतन 6.71 लाख रुपये प्रति वर्ष

उत्तर भारत में नोएडा को सबसे बड़े केंद्र के रूप में विकसित किया जाएगा - मुख्यमंत्री योगी आदित्यनाथ

उत्तर प्रदेश के नोएडा को उत्तर भारत के सबसे बड़े केंद्र के रूप में विकसित किया जाएगा। यह कहते हुए मुख्यमंत्री योगी आदित्यनाथ ने बताया कि राज्य ने "ईज ऑफ डूइंग बि जनेस"में देश में दूसरा स्थान हासिल किया है,  उन्होंने कहा कि यह पिछले तीन वर्षों के दौरान राज्य सरकार के निरंतर प्रयासों का परिणाम है।

सरकार नोएडा को उत्तर भारत के औद्योगिक और सेवा क्षेत्र के केंद्र और नई भारतीय अर्थव्यवस्था के प्रतीक के

रूप में बदल रही है। “उत्तर प्रदेश सरकार नोएडा, ग्रेटर नोएडा और यमुना एक्सप्रेसवे को इलेक्ट्रॉनिक विनिर्माण क्षेत्र के रूप में बढ़ावा देने की योजना बना रही है। देश-विशेष औद्योगि क पार्क स्थापित किए जाएंगे, जो वास्तव में विदेशी कंपनियों के लिए घर से दूर एक घर के रूप में कार्य करेगा तब से, हवाई अड्डे, टेक्सटाइल हब, टेक हब और फिल्म सिटी सहित कई अन्य परियोजनाओं और सुविधाओं की घोषणा की गई है। “नोएडा में प्रस्तावित जेवर अंतरराष्ट्रीय हवाई अड्डा उत्तर भारत में सबसे बड़ा होगा।

“2018 में यूपी इन्वेस्टर्स समिट के दौरान 4.28 लाख करोड़ रुपये के समझौता ज्ञापन पर हस्ताक्षर किए गए

सरकार ने नोएडा टेक्सटाइल हब के लिए पहले ही 77 एकड़ जमीन का अधि ग्रहण कर लि या है और 900 करोड़

रुपये के निवेश की उम्मीद है। कपड़ा, इलेक्ट्रॉनिक्स विनिर्माण, फिल्म सिटी और कई अन्य नए क्षेत्रों के अलावा,

यहां तक कि मौजूदा आईटी कंपनियां नोएडा में अपने परिसरों का विस्तार कर रही हैं और माइक्रोसॉफ्ट सहित कई अंतरराष्ट्रीय कंपनियों ने पिछले कुछ महीनों में परिसरों की घोषणा की है। नोएडा शहर अब यूपी की वित्तीय

राजधानी है, न कि कानपुर, और यह एक नई सेवा-आधारि त अर्थव्यवस्था में राज्य का नेतृत्व करने की क्षमता

रखता है।

नोएडा में सबसे अच्छा बुनियादी ढांचा है

इलेक्ट्रॉनिक्स मैन्युफैक्चरिग (ESDM)-भारत में सबसेबड़ा इलेक्ट्रॉनि क मैन्युफैक्चरिग क्षेत्र:

भारत के कुल मोबाइल मैन्युफैक्चरिग का 40% मैन्युफैक्चरिग नोएडा क्षेत्र में होता है और 2025 तक वि श्व भर में होने वाले कुल मोबाइल मैन्युफैक्चरिग का 30 % नोएडा क्षेत्र से होगा.

भारत का कुल मोबाइल कॉम्पोनेन्ट मैन्युफैक्चरिग का कुल 55% मोबाइल मैन्युफैक्चरिग यूनिट नोएडा क्षेत्र में

है. 94 बड़े मोबाइल फोन कंपोनेंट्स मैन्युफैक्चरर्स एवं 2,900 मध्यम और छोटी इलेक्ट्रॉनिक्स इकाइयाँ नोएडा क्षेत्र

में कार्यरत है. ये कुछ ब्रांड सैमसंग, एलजी, हायर , विवो, कार्बन, वनप्लस, लावा डिक्सन, डेल्फी, डेंसो, हिपड, ट्रांसि शन का नि र्मा ण कर रहे हैं। 

ऑटो एवं ऑटो पार्ट्स बनाने वाले यूनिट्स:

4 प्रमुख कार एंड ऑटोमोबाइल मैन्युफैक्चरिग कार, ट्रैक्टर और दोपहिया वाहन 30 सहायक इकाइयों जो ऑटो

पार्ट्स की आपूर्ति करती हैं वो भी इसी क्षेत्र मेंकार्यरत है, मारुती और कई बड़ी कार नि र्मा ताओं के लि ए ऑटो पार्ट्स बनने वाली कई ऑटो पार्ट्स नि र्मा ता भी यही से पुरे देश मैं आपूर्ति कर रहे है।

होंडा कार्स, यामाहा,हीरो मोटर्स, न्यू हॉलैंड ट्रैक्टर, महले, कैप्रो इंजीनियरिग,सुब्रोस, जेबीएम

सूचना प्रौद्योगि की / सूचना प्रौद्योगि की सक्षम सेवाएं:

नोएडा की इकॉनमी का एक बड़ा हिस्सा, सर्विस सेक्टर सेआता है जिसमें आईटी/आईटीईएस का काफी बड़ा

योगदान है।। नॉएडा मैं कई सारी बड़ी आईटी कम्पनीज के कॉम्पस पहले से ही यहाँ है जि समे एचसीएल, वि प्रो,

NIIt , एवं Paytm प्रमुख है, लेकि न पि छले २ साल मैं इनफ़ोसिस, TCS ने भी अपने कैंपस बनाने के लि ए नॉएडा

अथॉरिटी से लैंड अलॉट कराई । इसके अलावा यहाँ काफी सारी अंतर्राष्ट्रीय कॉर्पोरेट भी है जैसे एडोब इंडि या,

ओरेकल इंडि या,जेनपैक्ट, स्टेरि अ, मेटलाइफ, माइक्रोसॉफ्ट, सि स्टम

परिधान विनिर्माण और निर्यात:

नोएडा: शहर में परिधान उद्योग के लिए एक बड़ा प्रोत्साहन के रूप में, वाणिज्य और उद्योग मंत्रालय के तहत

विदेश व्यापार महानि देशालय (DGFT) ने गुरुवार को नोएडा को 'निर्यात उत्कृष्टता के शहर' (TEE) के रूप में

अधि सूचित किया। परिधान उत्पादन के लिए नोएडा केंद्र सरकार की कई निर्यात प्रोत्साहन योजनाओं के लिए पात्र होगा, जिसमें राज्यों की केंद्रीय सहायता और बाजार पहुंच पहल शामिल हैं। “यह बुनि यादी ढांचे को मजबूत करने, नियमों को सरल बनाने और खरीद में भी सहायता प्रदान करेगा।

उभरता हुआ अवसर क्षेत्र फूड प्रोसेसिगं :

नोएडा ग्रेटर नोएडा फूड प्रोसेसिगं करेगा उद्योगों की तरह आकर्षित करत हैं दिल्ली और आसपास का बाजार

गरुु ग्राम जसै उपनगर,गाजि याबाद, फरीदाबाद फूड प्रोसेसिगं की बहुत सभंवना है।

भूपेन्द्र तेवतिया

An emerging asset class for investment - Commercial and office Real Estate

Income Potential:

The commercial Real estate which comprises Retail and office space is having a much better rate of return as compared to residential and industrial real estate, especially in India, Commercial Real estate Can generate a return in the range of 8.5% to 9.5% and which is almost 3 times better than the residential real estate and 1.5 to 2 times better than the Industrial. Even if compared to other asset classes in India commercial real estate can generate better returns than FD, Corporate FD other Debt instruments.

Another advantage of investment in Commercial Real estate is to get monthly rentals and capital appreciation which no other asset class can have. For example, if we compare commercial real estate with Fixed Deposit and Mutual funds.

Asset Class	Monthly Returns	Capital appreciation	Monthly Rent & Capital Appreciation	Monthly Return calculate on Per-anunual Basis	Capital Appreciation
Fixed Deposit	NO	Yes	NO	NIL	6% to 7%
Mutual Funds	NO	Yes	NO	NIL	10 to 12%
Commercial Real estate	Yes	Yes	Yes	8.5% to 9.5%	4% to 5%

Low Investment:

Commercial real estate especially in Office space, Investment can be started as low as Rs. 5Lakh which is very low as compared to residential and industrial real estate.

Scientific Valuation:

In Commercial real estate, It's easy to calculate the market value while buying or selling unlike residential property in India which moreover selling or buying on emotions rather than on some mathematical formula, valuation of commercial property is derived in a more objective /mathematical way and can be depended upon two more factors, tenant profile, and leasing tenure.

Formula to Calculate Capital value Or the market value of commercial property

Current Market Value = Net Operating Income / Capitalization Rate

Capital Value Calculator

Professional Tenant:

It's easy to manage and negotiate with a Professional tenant rather than individuals and because Commercial real estate generally uses for 12 hours a day that's the reason their long-term maintenance is also minimum and less frequent.

Long term Lease agreements: 

Lease terms start from 3 years to 18 years and because commercial real estate both commercial retail and office space occupied by retail brands, corporate and professional management companies do not want to change their address frequently.

Fixed increment in the lease:

one of the best parts with commercial real estate is that it has a prefixed term that lease tenure is in 3 years mode where after every three years lease will be increased by 15% to 18% which actually impacts the market value of the property and turn out to be 5% to 6% increment each year.

Limited Availability of Grade - A, office space:

The limited supply of Grade A Office as compare to total supply.  the demand of Grade A office will be on the peak after pandemic because occupiers are looking for high-quality office which has a more digital presence and healthy workspace.

Investment confidence intact for commercial and office space:

Source: https://www.ashraygroup.com/investing-in-commercial-property.html

Even in these tough times, commercial real estate looks bright spot for FII (Foreign Institutional Investors), in 2020 alone FII pumped around Rs. 28,145 Crore, In one of the largest real estate deal Canadian investment firm “Brookfield Asset management” took an 18% stake in Bengaluru based RMZ-corp for about USD2 billion (INR14,000 crores). Despite technology companies in India continuing to work remotely, markets like Bengaluru and Hyderabad are continuing to witness inquiries from technology companies looking to set up their global in-house centers. However, as investment firms are now finding quality assets hard to come by, they are undertaking development risks. There another real estate deal where Blackstone Group has concluded its 12,745/ crore acquisition of realty developer Prestige Group’s commercial portfolio, including offices, retail malls, and hotel assets, said three people with direct knowledge of the matter.

REIT :

As REIT (Real estate investment trust) is a very new concept in India compared to developed economies where REIT was introduced in 1960, India's REIT market is entering in prolonged growth with more REIT’s Forcast to be listed in 2021 and beyond.

Portfolio deals during the last quarter led to total investments of USD 5bn during 2020, marginally lower than the previous year. Approximately 60% of the total inflow in real estate by Financial institutional in India is in Commercial office space total inflow is around 3,102 USD million.

And the biggest gainer of increasing REIT is Commercial real estate because REIT is investing heavily in Commercial real estate as Real Estate is the second-largest employer and its contribution to Indian GDP is expected to reach 13% by 2025. This makes it a high-priority sector and the current government continues to bring in major reforms to make it more accessible and attractive for foreign investors. SEBI (Securities and Exchange Board of India) - the governing body for REIT has already come out with a series of amendments favoring the investor community last year. Further to strengthen investor interest in REITs.

REIT worthy assets/Stocks across other major Indian cities

City	In mn Sq ft)	In%	Value USD bn	Value INR cr
Delhi NCR	48.3	17%	6.48	47,304
Mumbai	36.9	13%	6.84	49,932
Chennai	36.9	13%	4.68	34,164
Hyderabad	36.9	13%	3.24	23,652
Pune	31.2	11%	3.24	23,652

Commercial office space outlook:

Though demand in 2020 because of Covid and lockdown was sluggish, pickup in last quarter of 2020 and we expect a pickup in demand in 2021 and in next 4 year, from 2021 to 2025 expect growth in Office demand would be 2.85 crores sq feet in next 4 year .and the main contributor of demand in next four year will be IT/ITeS, Manufacturing / Industrial, E-Commerce, BFSI, Co-working, Telecom, Healthcare-Biotech, Real Estate, Construction & Other industries, Consultancy Business, Miscellaneous, We Expect net absorption to remain largely stable over 2021 as occupiers in India are still evaluating growth plans, We believe that demand will mainly be derived from technology companies, engineering, and manufacturing sector.

We are expecting demand for small offices will grow significantly due to corporate and big occupiers like IT/ITEs and ECom company will start de-densified and split-up offices in different locations and due to the rise of startup/ entrepreneurship after this pandemic over.

Focus on Sustainability and Wellness: company are increasingly demanding high-quality office which should ready for the sustainable environment through high tech digital solution, occupies  is more focusing on health and safety of their employees

7 Things Will make your commercial investment secure and will make you Rich

Location, Location, and Location

Nothing can beat a location, location is everything, and we break location into three categories.

1A. Location: Where is this property located on the Main Road or artery road, in the main commercial hub, or near the central location? And connectivity from all central roads, central areas, or highways/Expressways.

2A. Location: Social infrastructure like public transport -Buses/Metro, Schools hospitals, Railway stations, etc all these social infrastructures primarily helping residential areas and a great developed residential area can help commercial to grow.

3A. Location: This third Location we dividing into two parts Accessibility & Visibility. Accessibility is playing a very important role, if a building is accessible from the Main road or metro directly without any hassle you can expect more footfalls. Visibility: the Most important in any commercial/Shop/High street As per old saying is: what People See is what Sells ( Jo Dhikta hai Wohi Bikta hai). So that means if there are two properties located in the same area and both have the same Accessibility but one has better visibility and the second is not, consider only the first which has better Visibility.

Quality: there can be multiple projects in the same location with all the above qualities but the Quality of construction and internal infrastructure is the main decisive factor.

Good quality and better-equipped buildings attract a better quality of tenants with higher rentals. Needless to say, it will fetch the investor higher rents, better tenant retention, and higher capital appreciation. Multinational tenants are always willing to pay a premium for quality. Look for certifications like LEED gold or platinum ratings or buildings that have nicer-looking lobbies, more elevators, higher ceiling heights, and better views. Higher quality properties are also more liquid and can be sold much faster.

Elevation/Design of a Building: Though Design is always very important for any building to be it residential or commercial, but in commercial it plays a very important role, which can landmark a project in the area if a building has a unique design or an old traditional Elevation which is different and better in the locality, these unique buildings can charge higher rental which leads to higher capital value.

Demand And Supply: in terms of existing

Image Source: https://content.magicbricks.com/property-news/delhi-ncr-real-estate-news/supply-demand-inch-up/104185.html

This is one of the first things an investor has to analyze before committing to buying a commercial property. Every city has different micro-markets. Each micro-market has an existing Supply (operational high street or Shops) or upcoming shops, an investor should analyze all the existing options and projects completing in the next 2 to 3 years for a fair idea of the demand-supply of that micro-market.

Population/ Target Audience in the next 5/10/15 years: An investor needs to get this very important piece of information in an upcoming market like Greater Noida West or Noida Expressway. These micro-markets are in the nascent stage in development Investors should have fair information about population growth in these areas in the next 5/10/15 years and catchment areas of the project they would like to invest in.

Market Rent Vs In Place Rent

This is a slightly advanced concept that institutional investors use to see how risky the property is. Let’s assume that there are three properties available at more or less the same price but each with a tenant paying different rents. 

• Building A has a tenant paying Rs 10 and is selling for Rs 100 
• Building B has a tenant paying Rs 11 and is selling for Rs 105 
• Building C has a tenant paying Rs 9 and is selling for Rs 95 

Which one would you choose? Many would say Building B, as it has the highest rental return (10.5%). However, an intelligent investor will first ask, “What is the rent in the market?” meaning what are new buildings being rented today.

If the market rent is Rs 9, Building C is the safest investment as the tenant is least likely to vacate the property. Tenants A and B will most likely renegotiate their rents or not pay the escalations when they become due. Another way to look at it is that you are buying an over rented asset at an above-market price.

Profile of Tenants/ Brands Associated with the project

A good Brand can significantly increase the value of the project, A Diversified approach to acquire brands can help to generate more footfalls in the project can lead to higher rents. A diversified approach is like capture all brands in three categories i.e. Food & Beverages, Entertainment, and Shopping. If carefully select brands in these categories and place them well around strategically, there is a good chance to increase the footfall.