Sahara Mall Office for Rent, MG Road Gurgaon

Sahara Mall is one of Gurgaon's oldest malls, opened in March 2001 on the Mehrauli-Gurgaon road in Sector 28, next to DLF Phase 1. It covers about 3.89 acres and about 2.6 lakh sq ft, with a PVR cinema on the top floor and Haldiram's among its long-standing tenants; the Big Bazaar store that anchored it for years has closed. The offices on its upper floors are small units let by their owners, and they are among the cheapest office space on MG Road within walking distance of a metro station.

Office space here lets at about Rs 80 per sq ft a month, rising to Rs 110 for a furnished office, with maintenance of about Rs 30 on top. The row this page replaces printed about Rs 70 to Rs 110, which is close; this page adds the maintenance, the all-in monthly cost, and what the listings leave out.

What landlords ask, by size and fit-out

One listing does not add up. The furnished 1,095 sq ft office, unit S-110, states a demand of Rs 80 per sq ft plus Rs 30 maintenance, but its headline price is Rs 70,000 a month. At Rs 80 the rent would be Rs 87,600; Rs 70,000 is Rs 64 per sq ft. Either the owner has come down or the headline is out of date. The signed term sheet settles it, not the listing.

The same broker's pages show other offices at Rs 59 to Rs 65 per sq ft, but the search results do not tie them to this mall, so they are left out of the range. On what can be tied to the building, bare or lightly fitted offices let at about Rs 80 and fitted ones at about Rs 110. There is no warm-shell or bare-shell floor of any size on offer, because the mall does not have floor plates in that sense: it has shop-sized units on the upper levels.

Maintenance, GST and what an office costs all-in

Only one listing states the maintenance, and it says Rs 30 per sq ft a month. That is high for the rent: on an Rs 80 office it adds 37.5 per cent. Mall maintenance covers common areas, lifts, security and the building's air conditioning plant, and older malls tend to carry more of it per sq ft than newer office towers. Ask for the last two bills before you sign.

Now multiply. For a 1,000 sq ft office at Rs 80 plus Rs 30 maintenance: Rs 80,000 rent plus Rs 30,000 maintenance is Rs 1,10,000 a month before GST. GST at 18 per cent on the rent adds Rs 14,400, which a registered business can usually claim back. A furnished office at Rs 110 comes to Rs 1,10,000 plus Rs 30,000, Rs 1,40,000 a month.

For 5,000 sq ft, the arithmetic is Rs 4,00,000 rent plus Rs 1,50,000 maintenance, Rs 5,50,000 a month before GST. But no unit anywhere near that size was offered. A team of that size would need four or five neighbouring units from different owners, each with its own lease, which is rarely worth the trouble. This is a building for a team of about ten to twenty.

Deposit, lock-in and escalation

None of the Sahara Mall listings found states a security deposit, a lock-in or an annual escalation. Because each unit belongs to a different owner, these are negotiated one lease at a time, and they could not be established for this building. Before signing, get in writing the deposit in months of rent, the lock-in period for each side, the escalation and when it applies, and who pays the maintenance if the landlord falls behind with the mall's managers.

The building, the metro and parking

The mall sits on the Mehrauli-Gurgaon road at the edge of DLF Phase 1. One route guide puts Sikanderpur station, on the Yellow Line and the Rapid Metro, about 0.42 km away; another says MG Road station is about 500 m. Guru Dronacharya is about 3.5 km. For staff who come by metro from Delhi, few office buildings on MG Road are closer to a station. The mall has its own parking, but no listing found states how many car spaces come with an office or what they cost, so ask.

The offices are on the upper floors of a retail building, and that shapes the day: shoppers and cinema traffic on weekends and in the evenings, a food court downstairs, and a frontage that one listing sells as branding space facing the main road and the metro. The mall opened in 2001, so the lifts, air conditioning and washrooms are of that era unless the owner has refitted.

Who occupies it

The office tenants are small firms: consultancies, recruiters, training and travel businesses, and branch offices that want a Gurgaon address near the metro for a modest rent. Larger companies that need a single floor go to the office towers along the road. No listing names an office tenant in the building, and none was found.

The owner, and the Sahara group's court case

Sahara Mall was built by the Sahara India Pariwar group. The group has spent more than a decade in the Supreme Court over refunds to investors in its bonds, and in September 2025 it asked the court to approve the sale of more than 88 of its properties to Adani Properties, with the money going into the refund account run under the market regulator. The reports list the headline assets, such as Aamby Valley and a Mumbai hotel, but not every property, and whether Sahara Mall is in the package could not be established. For a tenant this matters less than for a buyer, because offices here are let by the owners of individual units, but it is one more reason to see the owner's title documents and to put the mall's management company in the lease.

How it compares on MG Road

Sahara Mall is the cheapest of the set by about Rs 20 to Rs 70 per sq ft of rent. The discount pays for an older building, small units, a retail setting and maintenance that is as high as in buildings charging more. More on the road is on the MG Road office page and the MG Road real estate guide; other stations are on the page on offices near a metro station.

Buying rather than renting

A few owners also sell. A furnished 1,800 sq ft office on the second floor asks Rs 1.75 crore: Rs 1,75,00,000 over 1,800 is Rs 9,722 per sq ft. A broker page quotes offices from 1,100 sq ft at Rs 16,000 per sq ft, which would be about Rs 1.76 crore, almost the same money for much less space, and one portal puts the mall's average at about Rs 15,000. The two asks cannot both describe the same market; a registered sale deed would settle it, and none was found. At an Rs 80 rent, Rs 960 a year per sq ft yields 9.9 per cent gross on Rs 9,722 and 6.0 per cent on Rs 16,000, before the owner's share of costs.

Who this suits, and who should look elsewhere

It suits a team of ten to twenty that wants a cheap MG Road address a short walk from Sikanderpur, or a small firm that wants a furnished office it can move into. It does not suit a company that needs a whole floor or 5,000 sq ft in one piece, one that wants a modern lobby and a newer building, or one that minds sharing lifts with weekend shoppers. For larger or newer space, see furnished offices across Gurgaon or the cheapest office space in Gurgaon.

Before you sign

1. The owner's title: a registered deed for the unit number in the lease, in the landlord's name.
2. The rent: the per sq ft figure and the monthly total must agree; one listing's do not.
3. Maintenance: the latest two bills, and who pays them.
4. Deposit, lock-in and escalation, in writing.
5. Parking: how many spaces, and whether they cost extra.
6. Fit-out: a list of what stays, if the office is furnished.
7. Area: super area or carpet; the rent is almost always on super area.

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

Frequently asked questions

What is the rent for office space in Sahara Mall, Gurgaon?

About Rs 80 per sq ft a month for an unfurnished or lightly furnished office, and up to Rs 110 for a fitted one. A 1,100 sq ft office asks Rs 90,000 a month, which is Rs 82 per sq ft; a 1,800 sq ft first-floor office asks Rs 80; a furnished 1,100 sq ft first-floor office asks Rs 110 plus maintenance. A retail unit of 1,180 sq ft asks Rs 70.

What are the maintenance charges in Sahara Mall?

One broker listing for a furnished 1,095 sq ft office on the first floor states Rs 30 per sq ft a month on top of the rent. No other listing found gives a figure, so ask the owner for the latest bill before you sign; on a small office Rs 30 adds more than a third to an Rs 80 rent.

How much does a 1,000 sq ft office in Sahara Mall cost a month?

About Rs 1.1 lakh before GST at an Rs 80 rent and Rs 30 maintenance: Rs 80,000 rent plus Rs 30,000 maintenance. A fitted office at Rs 110 comes to about Rs 1.4 lakh with the same maintenance. GST at 18 per cent is charged on commercial rent on top.

What deposit and lock-in do Sahara Mall landlords ask?

None of the Sahara Mall listings found states a deposit, a lock-in or an escalation. These are set unit by unit with each owner, so ask for them in writing, with the deposit in months of rent, the lock-in in years and the yearly or three-yearly step-up.

Which metro station is nearest to Sahara Mall?

Sikanderpur on the Yellow Line and Rapid Metro, about 0.4 km away by one route guide, with MG Road station about 500 m away on another. Guru Dronacharya is about 3.5 km. Few office buildings on MG Road are closer to a station.

What sizes of office are available in Sahara Mall?

Small ones. The offices found to let are of about 1,095 to 1,800 sq ft, most of them on the first floor. No floor or unit of 5,000 sq ft was offered, so a larger team would have to join neighbouring units, if their owners agree.

Who owns Sahara Mall, and does the Sahara group's legal case matter to a tenant?

It was built by the Sahara India Pariwar group and opened in 2001. In September 2025 the group asked the Supreme Court to approve the sale of more than 88 properties to Adani Properties to fund refunds to investors; the published reports do not list every property, and whether the mall is among them could not be established. Offices are let by unit owners, so a tenant should check who holds the title of the unit it rents.