Spaze Palazo Office for Rent, Sector 69 Gurgaon

Spaze Palazo is a finished Spaze Group office and retail building on the Southern Peripheral Road in Sector 69, Gurugram, close to Sohna Road. Offices fill levels 2 to 12, with shops, restaurants and entertainment on levels 0 and 1. One project listing gives over 3.5 lakh sq ft on about 3.4 acres. Units were sold to individual owners, so a tenant deals with owners and brokers, and offices come in small sizes from about 570 sq ft up.

The row this page replaces printed about Rs 55 to Rs 70 a foot a month with nothing behind it. The listings read on 29 September 2026 give Rs 59.50 to Rs 65 per sq ft a month, on both vacant and let offices. The bottom of the old band is below anything found, and the top, Rs 70, was not seen here, though the Sector 70 listings a sector away reach Rs 72 for furnished space.

What owners ask and what tenants pay

The arithmetic: Rs 50,000 over 840 is Rs 59.52; Rs 99,280 over 1,641 is Rs 60.50; 900 times Rs 62 is Rs 55,800; 2,508 times Rs 65 is Rs 1,63,020; and at Rs 65, 570 sq ft is Rs 37,050, 800 sq ft Rs 52,000 and 1,200 sq ft Rs 78,000. The let offices matter most, because they show what tenants actually signed rather than what owners hope for, and they cluster at Rs 60.50 to Rs 65.

The terms are the useful part. All three let offices are on nine-year leases, with a lock-in of one to three years and deposits of three to six months' rent. The 1,641 sq ft lease rises 15 per cent every three years, so a tenant paying Rs 60.50 now pays about Rs 69.60 from year four and about Rs 80 from year seven. A tenant should model the whole term, not the first year.

What an office costs a month, all in

No listing publishes Spaze Palazo's maintenance. The table uses Rs 22 a foot, which one Spaze iTech Park listing in Sector 49 quotes, as a labelled illustration. GST at 18 per cent applies to commercial rent and maintenance where the landlord is registered.

A 5,000 sq ft office here means joining several owners' units, as the 2,508 sq ft OYO office does with three. That takes time and a lease with each owner, or one owner who has bought the neighbours out. A tenant that can claim GST input credit pays the subtotal line in effect.

The building and getting there

The developer describes an office and business centre with restaurants and retail below, and lists Palazo among its delivered projects. The listings add high-speed lifts, full power backup, fire-fighting systems and parking for more than 400 cars. The completion year and floor plate were not published. The building is on the Southern Peripheral Road, which links Sohna Road with Golf Course Extension Road, and one project listing puts it within 8 km of the Sector 55-56 Rapid Metro station. Staff will arrive by car, cab or bus.

How it compares

This site's Southern Peripheral Road office page puts the corridor at about Rs 65 to Rs 75, mostly furnished, and names Spaze Palazo as one of its anchor buildings. The Sector 70 page found Rs 72 on a 1,040 sq ft listing. M3M Urbana Business Park, newer and on Golf Course Extension Road, asks Rs 60 to Rs 90, and Splendor Trade Tower about Rs 70 vacant. Spaze Palazo is at the lower end of the corridor, which suits a bare office; a furnished one here could fairly ask Rs 70 if the fit-out is new. Office stock in the neighbouring sector is on the Sector 67 page.

Who this suits

It suits a small firm wanting 600 to 1,600 sq ft near the Southern Peripheral Road at about Rs 60 to Rs 65, with parking. It suits a tenant ready to sign a long lease with a short lock-in. It does not suit a team that needs a metro, a firm that needs 10,000 sq ft on one floor in a hurry, or a tenant who will not accept a 15 per cent step every three years without negotiating it down.

Before you sign

1. Maintenance: the rate per sq ft a month and what it covers.
2. Escalation: the per cent and how often; 15 per cent every three years is on one lease here.
3. Lock-in and deposit: one to three years and three to six months are what is in use.
4. Carpet area: the rent is usually on super area; ask for the carpet and divide.
5. Parking: bays included and the charge for more.
6. Title: the lease signed by the person on the conveyance deed, and the building's occupation certificate.

Weighing a purchase instead of a lease? The Spaze Palazo 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 Spaze Palazo?

Rs 59.50 to Rs 65 per sq ft a month on the listings read on 29 September 2026. An unfurnished 840 sq ft office asks Rs 50,000, which is Rs 59.52; offices of 570, 800 and 1,200 sq ft are offered at Rs 65; and let offices pay Rs 60.50, Rs 62 and Rs 65. Nothing was found at the Rs 70 top of the band this site used to print.

What are the maintenance charges in Spaze Palazo?

No listing found publishes Spaze Palazo's maintenance rate. Ask for it in writing, with what it covers. For scale only, one Spaze iTech Park listing in Sector 49 quotes Rs 22 a foot a month; at that rate a Rs 62 rent becomes Rs 84 before GST.

What is the lock-in period and deposit for an office in Spaze Palazo?

On the three let offices found, all on nine-year leases, the lock-in period is one, two or three years. Deposits are three months' rent on a 1,641 sq ft office and six months' on a 2,508 sq ft office. The 1,641 sq ft lease rises 15 per cent every three years.

How much does a 1,000 sq ft office in Spaze Palazo cost a month?

At Rs 62 a foot the rent is Rs 62,000. With an illustrative Rs 22 of maintenance it is Rs 84,000, and with GST at 18 per cent Rs 99,120. A business that claims GST input credit pays Rs 84,000 in effect. The deposit at three to six months would be Rs 1.86 lakh to Rs 3.72 lakh.

Is there a metro station near Spaze Palazo?

No station is within walking distance. The nearest one named is the Sector 55-56 Rapid Metro station: one project listing puts Spaze Palazo within 8 km of it. The building sits on the Southern Peripheral Road near Sohna Road, and a broker page gives parking for more than 400 cars.

Which companies have offices in Spaze Palazo?

One let office of 2,508 sq ft is leased to OYO for nine years at Rs 65. No wider tenant list was found in the sources read. Ask the maintenance office who occupies the floor you are shown.

What office sizes are available in Spaze Palazo?

Listings offer offices of 570, 800, 840, 900, 1,200 and 1,641 sq ft, and a 2,508 sq ft office made of three joined units. Carpet areas of about 300 to 1,500 sq ft are listed. The building has offices on levels 2 to 12 and retail on levels 0 and 1.