Office Space for Rent in Sector 49 Gurgaon

Sector 49 holds two of Sohna Road's largest commercial addresses — Spaze I-Tech Park, with roughly 1.4 million sq ft on its own, and Vatika Business Park. Rents here run about ₹40 to ₹70 per sq ft a month, in line with the wider Sohna Road belt.

It is also the deepest strata office market in Gurgaon, which makes this sector two products at once. As a tenant you get tech-park scale at Sohna Road pricing. As an investor you get a supply of small pre-leased units that almost no other Gurgaon sector can match.

What it costs

The buildings

Spaze I-Tech Park is the sector's defining address — a multi-tower commercial campus carrying about 1.4 million sq ft, with offices, retail and commercial space across several towers. Its strata units trade regularly, and pre-rented units here are among the most commonly transacted small commercial assets in Gurgaon.

Vatika Business Park sits alongside it, and the two are frequently compared directly by buyers looking at pre-leased office units in this sector.

Universal Trade Tower adds a third large option on the same stretch.

Having three large buildings inside one sector is the practical point. Landlords here compete, and that shows up in what deals actually close against what is quoted.

The pre-leased market, and how to read it

Sector 49 is where Gurgaon's small pre-leased office market is deepest. You can buy a unit of a few hundred to a few thousand square feet with a tenant already in place and rent already flowing.

The number brokers lead with is the gross yield, and it is the least useful figure in the conversation. What actually determines your return is:

• The tenant's covenant — a listed company and a two-year-old startup do not carry the same risk, whatever rent they pay today.
• Remaining lock-in — a lease with six months of lock-in left is a very different asset to one with three years.
• The escalation clause — Gurgaon commercial leases commonly carry around 12% escalation every three years. Whether that is in your lease changes the ten-year return materially.
• CAM and who pays it — if the landlord absorbs CAM, the quoted gross yield overstates your net by a wide margin.

Our guide to pre-rented commercial property in Gurgaon works through the diligence in full.

The honest constraints

Sohna Road traffic, and no metro. Same as the rest of the belt — this is a car-and-cab location.

Strata ownership cuts both ways. Many owners in one building means CAM decisions, common-area upgrades and management changes move slowly. A single-owner Grade A tower does not have this problem.

The older towers are ageing. Lifts, lobbies and washrooms in the early-generation buildings show their vintage. Inspect the specific tower and floor.

Sector 49 against the alternatives

What you pay beyond the rent

The quoted per-square-foot figure is rarely what leaves your account. On a Gurgaon office lease, budget for all of this:

• Security deposit — commonly three to six months' rent on a commercial lease, and higher in Grade A buildings than in plot-built stock.
• CAM (common area maintenance) — charged on top of rent, and it is the line that varies most between buildings. Ask for the current rate per sq ft and last year's actual, not the budget.
• GST at 18% on commercial rent. If you are GST-registered and using the space for taxable supplies, you can claim it as input tax credit. If your landlord is not registered and you are, reverse charge applies and you pay it directly.
• TDS at 10% under Section 194-I, once annual rent crosses Rs 6 lakh — that threshold rose from Rs 2.4 lakh with effect from 1 April 2025. TDS is deducted on the rent, not on the GST component.
• Parking — usually charged per bay per month, separately from rent, and the allocation is a negotiating point.
• Electricity and DG backup — metered separately, with DG typically billed per unit at a higher rate than grid power.
• Brokerage — customarily one to two months' rent on a commercial lease.

If you are buying rather than leasing

Registration in Haryana is charged on the higher of the agreement value or the collector rate, and for commercial property in Gurugram the position is:

• Stamp duty — 7% for a male buyer inside municipal limits, 5% for a female buyer and 6% for joint buyers. Outside municipal limits the rates drop to 5% and 3%.
• Registration fee — 1% of the value, capped at Rs 50,000.
• GST — 12% with input tax credit on an under-construction commercial purchase. Nil on a completed property that already has its completion certificate, because that is a sale of immovable property rather than a supply of construction services.
• Collector rate — the floor for valuation, and it is set separately for commercial and residential use. Check the current Gurugram collector rate schedule for the sector before you agree a price, and our Gurgaon registration charges guide for the full working.

On a Rs 1 crore commercial purchase inside municipal limits, that is roughly Rs 7 lakh in stamp duty and Rs 50,000 in registration — about 8% before you count GST.

Want a shortlist for this requirement with the carpet area, CAM rate, parking allocation and deposit confirmed before you visit? Tell us the headcount, the budget per seat and the date you need to move in, and we will come back with buildings that actually fit — not a list of everything available.

FAQs

What is the office rent in Sector 49 Gurgaon?

About ₹40 to ₹70 per sq ft a month, in line with the wider Sohna Road belt. Neighbouring Sector 48 has closed deals slightly lower, at about ₹35-55 per sq ft.

How big is Spaze I-Tech Park in Sector 49?

Roughly 1.4 million sq ft of commercial space across multiple towers, covering offices, retail and commercial units. It is the sector's defining address.

Is Sector 49 Gurgaon good for buying pre-leased office space?

It has the deepest supply of small pre-leased office units in Gurgaon, at Spaze I-Tech Park and Vatika Business Park in particular. But judge the tenant's covenant, the remaining lock-in, the escalation clause and who pays CAM — not the headline gross yield.

What escalation is normal in a Gurgaon commercial lease?

Around 12% every three years is a common structure, typically inside a nine-year lease with a three-year lock-in. Confirm what is actually in the lease you are buying into rather than assuming the market norm.

What are the main office buildings in Sector 49 Gurgaon?

Spaze I-Tech Park, Vatika Business Park and Universal Trade Tower. Having three large buildings in one sector means landlords compete, which helps tenants negotiate.

Is there a metro near Sector 49 Gurgaon?

No. Sohna Road has no operational metro, so the sector is reached by road only.