Suncity Business Tower Office for Rent, Sector 54 Gurgaon

Suncity Business Tower is a Suncity Projects office building on Golf Course Road in Sector 54, Gurugram, inside the Suncity block that also holds Vatika Towers and Vipul Plaza. It was completed in about 2010 and lets at about Rs 110 per sq ft a month, with maintenance of about Rs 20 on top. The row this page replaces printed Rs 105 to Rs 110; the listings read this time give Rs 110 and Rs 110.80, so the top of the old band is the market and the bottom is where a tenant should open.

The building

• Three basements, ground and six upper floors on about 4.94 acres.
• About 2,15,278 sq ft built up, with floors of about 21,000 to 41,000 sq ft and a double-height atrium.
• 138 units, strata-sold, with offices marketed from about 1,000 to 5,000 sq ft.
• Tenants named on a listing: Viega India, State Bank of India and IndusInd Bank.
• Built by Suncity Projects; completed in 2010 on one coworking page.

Two sources give the size in different units, and they agree. One says the tower has a total area of 20,000 square metres; another says about 2,15,278 sq ft. Convert: 20,000 x 10.764 is 2,15,280, two square feet from the published figure. Seven levels above ground (ground plus six) at an average of about 30,750 sq ft also gives about 2,15,250, which fits the 21,000 to 41,000 sq ft range of floor sizes, since the lower floors are larger than the upper ones.

What offices let for

Only two rates were found, and they agree to within 80 paise, so the evidence is narrow but consistent. No furnished rate and no deposit, lock-in or escalation terms were published for this building. This site's other Golf Course Road pages treat six to ten months' rent as the usual deposit; get the actual figures, and a furnished quote if you need one, from the landlord before comparing buildings.

What an office here costs a month, all in

• 1,000 sq ft: rent 1,000 x 110 = Rs 1,10,000; maintenance 1,000 x 20 = Rs 20,000; total Rs 1,30,000 a month before GST.
• 5,000 sq ft: rent Rs 5,50,000; maintenance Rs 1,00,000; total Rs 6,50,000 a month before GST.
• A deposit of six to ten months' rent on 1,000 sq ft is Rs 6.6 lakh to Rs 11 lakh.

GST at 18 per cent applies to the rent (Rs 19,800 a month on 1,000 sq ft) and a registered tenant recovers it. A company deducts 10 per cent TDS from rent. At Rs 20, maintenance here adds about 18 per cent to the rent, which is higher than the Rs 18 some MG Road buildings charge; ask what it covers.

How it compares on Golf Course Road

Suncity Business Tower lets at the same rate as Ocus Technopolis in the same sector and about Rs 5 to Rs 10 above the Sector 43 buildings. The extra buys large floors, three basement levels and a newer building than most of its neighbours: it is about four years younger than MPD Tower. For purchases in the same block, see Vatika Towers and Vipul Plaza. The corridor as a whole is on the Golf Course Road office page, and the housing around it on the Suncity Township page.

Three names to keep apart

Suncity Projects built several office buildings, and broker sites mix them. Suncity Trade Tower is in Sector 21, near Palam Vihar, and lets for Rs 45 to Rs 78 by fit-out. Suncity Success Tower is listed on the Golf Course Extension Road side. A quote for Suncity Business Tower should say Golf Course Road, Sector 54, and the lease should too.

Who it suits

A firm of 10 to 50 people wanting 1,000 to 5,000 sq ft on Golf Course Road at a middle-of-the-road rent, or a larger firm wanting one big floor with basement parking. It suits less well a tenant who needs a furnished office tomorrow (no furnished rate was found) or a team that will rely on the metro without first checking the walk.

Before you sign

1. The building name on the lease: Suncity Business Tower, Golf Course Road, Sector 54.
2. Carpet and super area in writing, and which one the rent is charged on.
3. Maintenance: the Rs 20 rate, and whether power back-up and after-hours cooling are extra.
4. Parking: bays allotted in the three basements.
5. Deposit, lock-in and escalation in the draft.
6. The owner: units are strata-sold, so check the conveyance deed names the lessor.
7. The metro walk from the Sector 53-54 station, timed.

Frequently asked questions

What is the office rent in Suncity Business Tower, Sector 54?

About Rs 110 per sq ft a month on the listings found, with one quoting Rs 110.80, plus maintenance of about Rs 20. The old row's Rs 105 to Rs 110 is close; Rs 105 did not turn up this time, so open negotiations at Rs 105 but expect Rs 110 for ordinary bare or warm space.

What are the maintenance charges in Suncity Business Tower?

About Rs 20 per sq ft a month on one listing. On a 1,000 sq ft office that is Rs 20,000 a month on top of the rent. Ask whether it includes power back-up and air conditioning outside office hours.

What does a 1,000 sq ft office in Suncity Business Tower cost a month?

About Rs 1,30,000 before GST: Rs 1,10,000 rent (1,000 x 110) and Rs 20,000 maintenance (1,000 x 20). GST at 18 per cent on the rent adds Rs 19,800, which a registered business recovers.

How big is Suncity Business Tower?

About 2,15,278 sq ft built up over three basements, ground and six upper floors on about 4.94 acres, with floors of about 21,000 to 41,000 sq ft and 138 units. One source gives the total as 20,000 square metres, which is the same figure: 20,000 x 10.764 is about 2,15,278 sq ft.

Which companies are in Suncity Business Tower?

Tenants named on a listing include Viega India, State Bank of India and IndusInd Bank. Units are strata-sold, so the building mixes company offices, bank branches and smaller firms.

Is Suncity Business Tower near the metro?

It is on Golf Course Road at Sector 54, where the Rapid Metro runs along the road, and listings say it is close to the Sector 53-54 station. No listing found gives a walking distance, so walk it from the station before you sign if your staff will commute by train.

Is Suncity Business Tower the same as Suncity Success Tower or Suncity Trade Tower?

No. Suncity Projects built all three, but Suncity Business Tower is on Golf Course Road at Sector 54, Suncity Trade Tower is in Sector 21 near Palam Vihar, and Suncity Success Tower is listed on the Golf Course Extension Road side. Check that the lease names Suncity Business Tower, Golf Course Road, Sector 54.