Paras Downtown Centre Office for Rent, Golf Course Road

Paras Downtown Centre is a ten-storey office building on the main Golf Course Road in Sector 53, Gurugram, finished in 2006 by Paras Buildtech. It has two basements, a ground floor and nine upper floors, about 68,000 sq ft built up, and sits about 300 metres from the Sector 53-54 Rapid Metro station. Its tenants include TransUnion CIBIL, Kellogg India, ICICI Bank and two coworking operators.

The row this page replaces printed a band of about Rs 100 to Rs 120 a month for offices and said retail was higher. The first half holds up roughly; the second has no number behind it, since no retail rent in the building turned up. On what the market shows today, offices let at about Rs 80 to Rs 135 per sq ft a month, with most at Rs 100 to Rs 110 before maintenance and GST.

What landlords ask, by size and fit-out

The arithmetic, line by line: 8,681 times Rs 135 is Rs 11,71,935 a month, or about Rs 1.41 crore a year. 9,000 times Rs 110 is Rs 9,90,000, and times Rs 100 is Rs 9,00,000. 3,400 times Rs 110 is Rs 3,74,000. At the broker's range, 650 sq ft at Rs 80 is Rs 52,000 and 3,000 sq ft at Rs 110 is Rs 3,30,000.

Two things in these listings do not add up. The 9,000 sq ft listing prints a carpet area of 10,500 sq ft against a super area of 9,000. Carpet area is always the smaller figure, since super area adds lifts, lobbies and walls on top, so one of the two numbers is wrong; ask which one the rent is charged on before you compare it with anything. And the Rs 135 furnished floor is the top of the card, about 23 per cent over Rs 110, which is a normal premium for a floor with its furniture and cabling already in place, but only if the fit-out is recent. A floor furnished for the last tenant in, say, 2018 is worth far less than one done last year.

What an office costs a month, all in

Rent is the start. Commercial rent in India carries 18 per cent GST, which a registered business can usually claim back as input credit, but which still leaves the bank each month. Maintenance comes on top, and no listing for this building prints it.

• 1,000 sq ft at Rs 110: rent Rs 1,10,000; with 18 per cent GST, Rs 1,29,800. If maintenance came in at the Rs 19 a tenant pays at Orchid Centre across the road, add Rs 19,000 plus its own GST, which takes the month to about Rs 1,52,200. A deposit of 6 months' rent is Rs 6.6 lakh; 12 months is Rs 13.2 lakh.
• 5,000 sq ft at Rs 100: rent Rs 5,00,000; with GST, Rs 5,90,000. At Rs 110 the rent is Rs 5,50,000 and Rs 6,49,000 with GST. Maintenance at Rs 19 would add Rs 95,000 before tax. A 6-month deposit on Rs 5,50,000 is Rs 33 lakh.
• A coworking cabin instead: seats in the building's coworking floors are quoted at about Rs 13,000 to Rs 14,000 a month, with one page advertising plans from Rs 5,999, which is a lower tier, not a dedicated desk. Ten seats at Rs 13,000 is Rs 1,30,000 a month, about what 1,000 sq ft costs in rent and GST alone, but with the furniture, power, cleaning and maintenance included and no large deposit.

The Rs 19 maintenance figure is borrowed to show the scale; it is not this building's number, and it could be higher or lower. Get the actual figure, what it covers and whether power backup is billed separately, before you sign anything.

Lease terms to expect

No signed lease from Paras Downtown Centre with its terms was found, so what follows is what Golf Course Road landlords usually ask. A coworking page puts the security deposit at 6 to 12 months of rent. Leases on the road run 3 to 10 years, with an escalation of 5 to 10 per cent a year on published terms, or 15 per cent every three years, which is the form the more careful landlords use. A lock-in of about 3 years is common. Move-in on an enterprise floor takes about 1 to 3 months for fit-out and paperwork.

The building itself, and two numbers that conflict

Paras Downtown Centre has two basements, a ground floor and nine upper floors, four passenger lifts and one service lift, and car parking in the basements. Office units run from about 650 to 3,000 sq ft, and whole floors are let to single tenants. It was completed in 2006, before Haryana began registering projects, so there is no RERA number; one listing dates the building at 19 years old in late 2025, which agrees.

The floor size is printed two ways. Most listings say each floor is about 8,500 sq ft. The developer's own page gives a floor plate of 830 square metres, which is 830 times 10.764, or about 8,934 sq ft. The difference is 5 per cent, and the 9,000 sq ft listing sits closer to the developer's figure. Neither squares neatly with the total: ten office floors of 8,500 sq ft would be 85,000 sq ft, against the 68,000 sq ft built up that every source repeats, so either the lower floors are smaller or one of the numbers is out. For a tenant it matters only on a whole-floor deal: have the landlord put the chargeable area on paper and have it measured.

One source also says the project stands on 5 acres. A 68,000 sq ft, ten-storey building would use a small fraction of that, and nothing else supports it, so it is not printed here as fact. Do not confuse this building with Paras Downtown Square, a shopping mall in Zirakpur near Chandigarh.

Who works here, and how you get in

Listings name TransUnion CIBIL, Kellogg India, Neoris Consulting, Raintree Systems, Bigo, French Connection, Global Interio, MTTK Trading and ICICI Bank, alongside two coworking operators, one of them Smartworks. That is a mix of mid-sized corporate offices rather than one anchor.

The Sector 53-54 Rapid Metro station is about 300 metres away, a walk of a few minutes, and the Rapid Metro connects to the Yellow Line at Sikanderpur. By road the building faces Golf Course Road itself, with Sector 53 and 54 housing and DLF Phase 5 around it.

How it compares with its neighbours

• Orchid Centre in Sector 53 asks Rs 90 to Rs 140, plus Rs 19 maintenance: a similar spread, with a published maintenance figure.
• Veritas Tower in Sector 53 asks Rs 110 to Rs 130, about half a kilometre from the same metro station.
• Ocus Technopolis in Sector 54, another 2006 building, lets at Rs 70 bare to Rs 110 furnished.
• MPD Tower on Golf Course Road lets at about Rs 100 to Rs 105, about 330 metres from the Sector 42-43 station.

Paras Downtown Centre sits in the middle of that group: older than Veritas, younger-looking than its age on the furnished floors, and the closest of the Sector 53 buildings to its station. The newest towers on the road, such as One Horizon Center, ask Rs 130 to Rs 260, so this building is a way to be on Golf Course Road at a little over half the top rent. More buildings are on the Golf Course Road office page. For a buyer rather than a tenant, the same road's sale stock is on the Orchid Centre sale page and the Ocus Technopolis sale page.

The case against

It is a 2006 building. Lifts, air conditioning and facade are twenty years old, and the gap between a floor at Rs 100 and one at Rs 135 is mostly the state of the fit-out. Four passenger lifts for about 68,000 sq ft is enough for normal use but will queue at 9.30 in the morning on a full building. No maintenance figure is published, which makes a clean comparison impossible until the landlord gives one. And a floor of about 8,500 to 9,000 sq ft suits a team of perhaps 80 to 110 people; a company that needs 20,000 sq ft on one plate will have to split across floors.

Before you sign

1. The chargeable area: carpet or super, and a measurement. The 9,000 versus 10,500 listing shows why.
2. Maintenance: the rate per sq ft, what it covers, and whether power backup and air conditioning after hours are extra.
3. The deposit: push for 6 months, not 12, on a bare or warm-shell floor.
4. Lock-in and escalation: 3 years and 15 per cent every three years is better than 5 per cent a year compounding.
5. Fit-out: on a furnished floor, the year it was installed and an inventory; on a bare floor, a rent-free period of one to three months for your works.
6. Parking: how many basement slots come with the area, and the charge for more.
7. Who signs: the owner of the unit, with a title document, or a tenant subletting. Ask to see the owner's papers.

Weighing a purchase instead of a lease? The Paras Downtown Centre sale page sets the asking prices against these rents and works out the yield a buyer would get.

Frequently asked questions

What is the office rent in Paras Downtown Centre?

About Rs 80 to Rs 135 per sq ft a month on the listings found. One broker quotes Rs 80 to Rs 110 for furnished and unfurnished space, two listings quote Rs 100 and Rs 110, and a fully furnished 8,681 sq ft floor asks Rs 135. Most offices should land at Rs 100 to Rs 110 before maintenance and GST.

What are the maintenance charges in Paras Downtown Centre?

No listing found prints a figure; most say the common area maintenance is to be discussed. Ask for it in writing before you compare quotes. Orchid Centre across the road in Sector 53 charges about Rs 19 a month, which gives a sense of scale but is not this building's number.

How much security deposit and lock-in does an office in Paras Downtown Centre need?

A coworking page puts the deposit at 6 to 12 months of rent, and Golf Course Road leases usually run 3 to 10 years with a lock-in of about 3 years and a yearly escalation of 5 to 10 per cent. No signed lease from this building with its terms was found, so treat these as the opening position, not the rule.

How far is Paras Downtown Centre from the metro?

The nearest station is Sector 53-54 on the Rapid Metro, about 300 metres away, a walk of a few minutes. The Rapid Metro links to the Yellow Line at Sikanderpur.

Which companies have offices in Paras Downtown Centre?

Tenants named on listings include TransUnion CIBIL, Kellogg India, Neoris Consulting, Raintree Systems, Bigo, French Connection, Global Interio, MTTK Trading, ICICI Bank and two coworking operators, one of them Smartworks.

What office sizes are available in Paras Downtown Centre?

Units of about 650 to 3,000 sq ft, and whole floors of about 8,500 to 9,000 sq ft. Listings on the market in 2025 and 2026 include 3,400 sq ft, 8,681 sq ft and a 9000 sq ft office (printed as 9,000 sq ft super area). Coworking seats in the building start at about Rs 13,000 to Rs 14,000 a month.

How old is Paras Downtown Centre, and how big is it?

It was completed in 2006. It has two basements, a ground floor and nine upper floors, about 68,000 sq ft built up, four passenger lifts and one service lift. It was built before RERA, so no registration applies.