Solitaire Plaza Office for Rent, MG Road Gurgaon

Solitaire Plaza is a low-rise office building on MG Road at DLF Phase 3, Gurugram, built in 2005 on one source and completed in 2008 on another, with two basements, a ground floor and four upper floors of about 27,000 sq ft each. It is about 0.5 km from the Guru Dronacharya metro station. The row this page replaces printed Rs 110 to Rs 120 per sq ft a month. The quote in the middle of what was found, Rs 115, sits inside that band, but the published figures spread much wider, from Rs 70 for warm shell to Rs 160 for a priced unit, and a tenant needs to know why before accepting any of them.

The building

• Two basements, ground and four floors, each floor about 27,000 sq ft.
• About 1,35,000 sq ft built up. Five levels above the basements at 27,000 sq ft is exactly 1,35,000, so the two published figures agree.
• Built in 2005 on a coworking page and completed in 2008 on a project page; the occupation certificate settles which. It stands on the main road with frontage visible from NH-48.
• Sources also split on the sector: a map listing, a portal and a coworking page put it in Sector 26, a project page in Sector 28. The address on the owner's conveyance deed is the legal one. Our page on buying office space in Solitaire Plaza sets out both.
• About 0.5 km from Guru Dronacharya metro on the Yellow Line.
• Tenants named on a listing: Stellar Capital Services, Bridgestone India, Kappahl Far East, Amberg Engineering India, Zenatix Solutions, Axelerant Technologies, Auchan Retail International, Mitsui Prime Advanced Composite India, Axis Bank, ICICI Bank, Landmark Jeep and Laqshya Media Group.
• The developer could not be established: no search returned a builder for the building, and the old row simply repeated the building's name in that field.

What the listings ask, and why they disagree

These cannot all describe the same space today. A furnished rate below a plain office rate is backwards, so the Rs 70 to Rs 100 table is most likely older, or quoted per sq ft of super area on a building where others quote carpet. The Rs 160 unit is the only quote with both a size and a rupee figure, which makes it the hardest number here, but one priced unit is not a market: it may be furnished, on a good floor, or simply an optimistic ask. The Rs 115 on the coworking site's leasing page sits between them and inside the old band, so this page keeps about Rs 115 as the working figure and prints the full spread. The document that settles it is the draft lease for the unit you want: it will state the area basis (carpet or super) and the fit-out, and those two things explain most of the gap.

What an office here costs a month, all in

One leasing summary gives common area maintenance of Rs 22 per sq ft a month and parking at Rs 4,500 per car a month. At the Rs 115 working rent:

• 1,000 sq ft: rent 1,000 x 115 = Rs 1,15,000; maintenance 1,000 x 22 = Rs 22,000; total Rs 1,37,000 before GST. Two cars add Rs 9,000.
• 5,000 sq ft: rent Rs 5,75,000; maintenance Rs 1,10,000; total Rs 6,85,000 before GST. Ten cars add Rs 45,000.
• At the Rs 160 the priced unit asks, 1,000 sq ft would be Rs 1,82,000 with maintenance, a gap of Rs 45,000 a month: worth an afternoon of negotiation.

GST at 18 per cent is charged on the rent and recovered by a registered tenant; a company tenant deducts 10 per cent TDS. The deposit is not printed; this site's MG Road pages use six to ten months' rent as the norm, which at Rs 115 on 1,000 sq ft is Rs 6.9 lakh to Rs 11.5 lakh.

How it compares on MG Road

At Rs 115 Solitaire Plaza is in the middle of MG Road. What it offers is a short, wide building with big floors on the DLF Phase 3 end of the road near Guru Dronacharya, and a tenant list of industrial and consumer companies rather than mall retail. What counts against it is age (built 2005 or 2008, depending on the source) and the Rs 22 maintenance, which is above the Rs 18 several MG Road buildings charge. For buying on the same stretch, see DLF Corporate Park; the whole road's offices are on the MG Road office page and the market around it on the MG Road real estate page.

Who it suits

A firm of 15 to 150 people that wants a large floor on MG Road near the Yellow Line, and a tenant who will compare a warm-shell quote against a furnished one line by line. It suits less well a small team that needs 500 sq ft, or anyone who will take the first quote offered, given how far apart the published figures are.

Before you sign

1. The area basis: carpet or super, in writing, and the rent charged on it.
2. Fit-out: warm shell, bare shell or furnished, with an inventory.
3. Maintenance: the Rs 22 rate and what it includes.
4. Parking: bays allotted and the Rs 4,500 a car charge.
5. Deposit, lock-in and escalation in the draft.
6. The owner: floors are strata-owned, so match the conveyance deed to the lessor.
7. The occupation certificate for the building.

Frequently asked questions

What is the office rent in Solitaire Plaza, MG Road?

About Rs 115 per sq ft a month is the middle quote. The published figures run wider: one leasing summary gives Rs 70 to Rs 80 for warm shell and Rs 90 to Rs 100 furnished, while a priced 1,905 sq ft office asks Rs 3.05 lakh a month, which is Rs 160 per sq ft. Ask which floor and fit-out a quote is for before comparing it.

What are the maintenance and parking charges in Solitaire Plaza?

Common area maintenance of about Rs 22 per sq ft a month and car parking at about Rs 4,500 per car a month, on one leasing summary. On a 1,000 sq ft office that is Rs 22,000 a month in maintenance, plus Rs 9,000 for two cars.

What does a 1,000 sq ft office in Solitaire Plaza cost a month?

At Rs 115 rent and Rs 22 maintenance, about Rs 1,37,000 before GST and parking: Rs 1,15,000 rent plus Rs 22,000 maintenance. At the Rs 160 the priced 1,905 sq ft unit asks, the same office would cost Rs 1,82,000.

How far is Solitaire Plaza from the metro?

Within about 0.5 km of the Guru Dronacharya metro station on the Yellow Line, on the listings found. The building faces MG Road and is visible from NH-48.

Which companies have offices in Solitaire Plaza?

A listing names Stellar Capital Services, Bridgestone India, Kappahl Far East, Amberg Engineering India, Zenatix Solutions, Axelerant Technologies, Auchan Retail International, Mitsui Prime Advanced Composite India, Axis Bank, ICICI Bank, Landmark Jeep and Laqshya Media Group.

How big is Solitaire Plaza, and what sizes are available?

Two basements, ground and four floors of about 27,000 sq ft, about 1,35,000 sq ft in all (five levels x 27,000). Spaces of about 1,905, 2,106 and 4,400 sq ft appear on listings, and brokers market 1,000 to 10,000 sq ft.

What deposit and lock-in apply in Solitaire Plaza?

No listing found prints them. Leases in the building run three to ten years or more on one leasing page. This site's other MG Road pages treat six to ten months' rent as the usual deposit; get the actual terms in the draft lease.