Paras Trade Centre Office for Rent, Gwal Pahari Gurgaon

Paras Trade Centre is an eight-storey office building on the Gurgaon Faridabad Road at Gwal Pahari, by Paras Buildtech, with possession given in late 2013. It has two basements, a ground floor and seven upper floors, about 1,93,231 sq ft built up and floors of about 25,000 sq ft. The lease listings give one car park for every 1,000 sq ft.

The row this page replaces printed a rent of about Rs 50 to Rs 65 per sq ft a month. The research for this page, on 29 September 2026, found no published rent at all: three lease listings in the building, for 3,300, 4,000 and 20,000 sq ft, mark the rent as price on request, and a leasing site lists the building without a rate. So this page does not print a rent it cannot source. It gives the range to test the landlord's quote against, works out what an office would cost at the ends of that range, and lists what to settle before signing.

What is on offer

A 63,840 sq ft figure is about a third of the building, or two and a half of its 25,000 sq ft floors. Whether that much is empty today or was simply offered in total by different owners could not be established. Either way, a building with that much space on offer and no rent printed anywhere is a building where a tenant has room to negotiate.

The range to test a quote against

No rent from this building, so the benchmark has to come from the corridor. This site's refreshed pages on older Sohna Road office buildings give the scale: ILD Trade Centre lets at about Rs 50, the lowest office rate found anywhere in Gurugram in this batch; JMD Megapolis lets at Rs 50 to Rs 65 with maintenance of about Rs 20; and Raheja Mall prints no rent at all, the same silence as here. The old band of Rs 50 to Rs 65 therefore sits where the corridor sits, but it is a guess at this building, not a finding.

There is one more check. A 569 sq ft office in the building is offered for sale at Rs 65 lakh. For a buyer to earn a 7 per cent gross yield on that price, the unit would have to let for Rs 4.55 lakh a year, or Rs 37,917 a month, which is Rs 66.6 per sq ft. At Rs 50 the same buyer would earn 5.25 per cent (Rs 50 times 12 times 569 is Rs 3,41,400 a year, on Rs 65 lakh). So owners asking Rs 65 lakh are counting on a rent near the top of the old band, and a tenant quoted Rs 65 or more is being quoted what the owner needs, not necessarily what the floor is worth.

What an office would cost a month

These are worked at the two ends of the corridor range, Rs 50 and Rs 65, with 18 per cent GST on rent and a maintenance charge of Rs 20 as a placeholder for the number the landlord has not published. Replace both with the real quote.

• 1,000 sq ft at Rs 50: rent Rs 50,000; with GST Rs 59,000. Maintenance at Rs 20 is Rs 20,000, Rs 23,600 with GST. All in, about Rs 82,600 a month.
• 1,000 sq ft at Rs 65: rent Rs 65,000; with GST Rs 76,700. With the same maintenance, about Rs 1,00,300 a month.
• 5,000 sq ft at Rs 50: rent Rs 2,50,000; with GST Rs 2,95,000; maintenance Rs 1,00,000, Rs 1,18,000 with GST. All in, about Rs 4,13,000 a month, with five car parks included.
• 5,000 sq ft at Rs 65: rent Rs 3,25,000; with GST Rs 3,83,500; all in about Rs 5,01,500 a month.

A registered business can usually claim the GST back as input credit, but it still leaves the account each month. Deposits on Gurugram office leases run from about 3 to 12 months of rent; on Rs 2,50,000 a month, six months is Rs 15 lakh.

The building

Two basements, ground and seven floors, about 1,93,231 sq ft built up and floors of about 25,000 sq ft. The two numbers agree: eight floors of 25,000 sq ft is 2,00,000 sq ft, about 3.5 per cent over the built-up figure, which a smaller ground floor would explain. A 25,000 sq ft plate is large for the corridor and suits a back office or a team of 200 or more on one floor; strata units of about 200 to 3,000 sq ft are also owned and let separately, so the building is a mix of whole-floor tenants and small offices.

The address is printed three ways. Most pages say Gwal Pahari on the Gurgaon Faridabad Road; one says Sector 2, Gwalpahari; and one portal files it under Sector 65, Gurgaon. The Sector 65 label is a portal's filing, not an address anyone else uses, and the lease deed should carry the revenue estate and khasra number instead of a sector.

Getting there

This is the weak point. There is no metro station near the building: one listing puts Sikanderpur, on the Yellow Line, within about 10 km. Everyone will come by car, cab or company bus along the Faridabad road, which is a single corridor through the Aravalli ridge. The parking ratio of one car per 1,000 sq ft matters more here than it does on Golf Course Road, where a metro-side office lets staff leave the car at home. Gwal Pahari itself is growing as a housing area; Paras Manor, by the same developer, is under construction nearby.

How it compares

• Sohna Road buildings of a similar age let at about Rs 50 to Rs 65, with maintenance of about Rs 15 to Rs 22; see the Sohna Road office page.
• Golf Course Road buildings of 2006, such as Ocus Technopolis and Paras Downtown Centre, let at Rs 70 to Rs 135, roughly double, and are a short walk from the Rapid Metro.
• For the cheapest rents in the city, the corridor pages are collected on the cheapest office space page.

The case against

No published rent, no published maintenance and no metro. A 2013 building's lifts and chillers are over a decade old. A large share of the building appears to be on offer, which helps a tenant negotiate but also says something about demand at this location. And an office on the Faridabad road will be harder to staff than one on Golf Course Road or Sohna Road for anyone who does not drive.

Before you sign

1. The rent in writing, and a comparison with Rs 50 to Rs 65 on Sohna Road.
2. Maintenance: the rate, what it covers, and whether power backup and after-hours air conditioning are extra.
3. Parking: one car park per 1,000 sq ft, with the charge for more.
4. Deposit, lock-in and escalation: push for 6 months' deposit, a 3-year lock-in and 15 per cent every three years.
5. Chargeable area: carpet or super, and a measurement.
6. Who signs: the owner of the unit with a title document, and the occupation certificate for the building.
7. Rent-free fit-out: one to three months on a bare floor.

Weighing a purchase instead of a lease? The Paras Trade 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 Trade Centre?

No listing found prints one. Offices of 3,300, 4,000 and 20,000 sq ft are offered for lease with the rent marked price on request, and a leasing site lists the building without a rate. The old figure on this page, about Rs 50 to Rs 65 per sq ft a month, has no listing behind it. Sohna Road buildings of a similar age let at about Rs 50 to Rs 65, which is the range to test the landlord's quote against.

What are the maintenance charges in Paras Trade Centre?

Not published. The lease listings say common area maintenance and car parking charges are to be discussed. Older office buildings on Sohna Road charge about Rs 15 to Rs 22 per sq ft a month; ask for this building's figure in writing.

How much parking comes with an office in Paras Trade Centre?

The lease listings give one car park for every 1,000 sq ft, in the two basements. A 4,000 sq ft office would get four; more are charged extra at a rate to be discussed.

How big is Paras Trade Centre?

Two basements, a ground floor and seven upper floors, about 1,93,231 sq ft built up, with floors of about 25,000 sq ft. Eight floors of 25,000 sq ft is 2,00,000 sq ft, within 4 per cent of the built-up figure, so the numbers agree.

What office sizes are available in Paras Trade Centre?

Strata units of about 200 to 3,000 sq ft on one portal, and lease listings of 3,300 sq ft, 20,000 sq ft and a 4000 sq ft office (printed as 4,000 sq ft). A leasing site shows 2,000 sq ft up to 63,840 sq ft available in the building.

Where is Paras Trade Centre, and is there a metro nearby?

On the Gurgaon Faridabad Road at Gwal Pahari. There is no metro station near it: the nearest one named on a listing is Sikanderpur, on the Yellow Line, within about 10 km. Staff will come by car, cab or company bus.

When was Paras Trade Centre completed?

One portal gives possession in the fourth quarter of 2013. No RERA registration was found for it, which fits a building finished before Haryana began registering projects in 2017.