Vatika Business Park Office for Rent, Sector 49 Gurgaon

Vatika Business Park is Vatika Group's three-block office campus on Sohna Road in Sector 49, Gurugram: about 8,70,000 sq ft on about 6.88 acres, built around a one-acre courtyard, with roughly 11,000 people at work for tenants such as TCS, Xerox, McKinsey and JCI India. Offices here let at about Rs 47 to Rs 70 per sq ft a month: bare shell near Rs 50, furnished near Rs 70. That is the band the old row printed, and the leases found confirm it. What the old row did not give is the lease terms, the monthly cost of a whole office, and what separates a Rs 47 floor from a Rs 70 one.

This page is for a firm leasing space. Investors pricing a let unit should read the Vatika Business Park sale page, where let units trade at about Rs 10,450 to Rs 11,040 per sq ft.

The rents, from lowest to highest

• A 5,800 sq ft floor let to an IT company at Rs 47, the low end, probably an older lease.
• Bare shell at about Rs 50, on a leasing site.
• A 1,000 sq ft office let at Rs 61 on a nine-year lease from February 2021, with a three-year lock-in and six months' deposit.
• A headline of about Rs 65 for blocks 1, 2 and 3 on an office-leasing site, with blocks of 26,000 to 30,000 sq ft available.
• A unit let to JCI India at Rs 69 on a nine-year lease with six months' deposit.
• A 6,600 sq ft furnished office at Rs 69 to Rs 69.50, on a lease from April 2023, and furnished space generally near Rs 70.

The spread is mostly fit-out and vintage. A bare floor on a lease signed years ago pays the high Rs 40s; a new, furnished lease pays close to Rs 70. A firm taking bare space today should open at Rs 50 to Rs 55 and expect to settle near Rs 60; a furnished office at Rs 65 to Rs 70 is fair if the furniture and cabling are recent.

Lease terms

The leasing site's terms for this campus are a nine-year lease, a 42-month lock-in, seven months' deposit, and step-ups of 10 per cent after three years and 15 per cent after six. The let units on the sale listings were signed on softer terms: six months' deposit and a three-year lock-in. Treat the first set as the landlord's opening position and the second as what tenants have obtained.

On a 5,000 sq ft furnished office at Rs 70, seven months' deposit is Rs 24.5 lakh; six months is Rs 21 lakh. That money sits with the landlord, without interest, for nine years, so a month less is worth arguing for.

What a whole office costs a month

Rent and maintenance are charged on super area, with GST at 18 per cent on the rent. The campus's own maintenance rate was not published on any page read; the table uses Rs 20, the middle of the Rs 18 to Rs 22 quoted for Universal Trade Tower in the same sector, and it should be replaced with the landlord's figure.

A GST-registered business can usually claim back the tax on rent. The furnished premium, Rs 20 per sq ft a month on 5,000 sq ft, is Rs 1 lakh a month or Rs 12 lakh a year; over a three-and-a-half-year lock-in that is Rs 42 lakh, which is roughly what a mid-range fit-out of that size costs. So a furnished office makes sense for a firm that wants to move in quickly or may leave at the end of the lock-in; a firm staying nine years usually does better taking bare space and a rent-free fit-out period.

The campus

Three blocks, around 166 units, a one-acre central courtyard, and the facilities a campus of 11,000 people supports: corporate retail, restaurants, food courts, ATMs, training rooms and a health club, on the developer's own description. McKinsey's Knowledge Centre has occupied about 2 lakh sq ft since 2010, which says something about how long large tenants stay. A serviced-office operator runs a business centre in one block; its desk and cabin prices are not a lease rent and should not be compared with the Rs 47 to Rs 70 above.

It is a road-served campus. Sohna Road has no metro; a portal measures Universal Trade Tower, in the same sector, at about 7.9 km from Millennium City Centre. Staff arrive by car, cab or company bus, and the road is slow at peak hours near Subhash Chowk.

Which Vatika

Vatika Group has several office buildings in Gurugram, and rents travel between them on listings. Vatika Towers on Golf Course Road, Vatika Atrium in Sector 53, Vatika City Point on MG Road and Vatika Professional Point in Sector 66 all let at different rates. Vatika City in Sector 49 is housing, not offices. Name the building and the block in every enquiry.

How it compares on Sohna Road

Vatika Business Park is at the top of Sohna Road's range for furnished space and in the middle for bare space. It offers what the neighbours mostly do not: a campus of large tenants and room to grow from 1,000 sq ft to a whole block. Welldone Tech Park is cheaper for bare space, and Omaxe Gurgaon Mall lets over a wider band. The sector is on the Sector 49 office rent page and the corridor on the Sohna Road office page. Furnished options across the city are on the furnished office page.

The developer

Vatika Limited is in an insolvency process that a lender began at the National Company Law Tribunal. On 27 March 2026 the appeal tribunal confined it to one residential project, Aspirations in Sector 88B. Most offices here are owned by investors who bought units, so a tenant's landlord is usually an individual or a company that holds a registered conveyance. If the landlord is a Vatika company, ask who signs for it and check that no charge sits on the unit.

Before you sign

1. Block and unit number, in writing, so the rent quoted is for the space you inspect.
2. Maintenance: the rate, what it covers, and a no-dues letter.
3. Deposit and lock-in: start from six months and three years, which tenants here have obtained.
4. Step-up dates: 10 per cent after three years and 15 per cent after six is the quoted pattern; get the dates in the lease.
5. Carpet area: divide the rent by the carpet figure before comparing buildings.
6. Fit-out period: for bare space, one to three months rent-free.

Frequently asked questions

What is the rent for office space in Vatika Business Park?

About Rs 47 to Rs 70 per sq ft a month on super area. Bare-shell space lets near Rs 50 and furnished space near Rs 70; a 6,600 sq ft furnished office took Rs 69.50 on a lease from April 2023, and one office-leasing site gives the building at about Rs 65. The low end, Rs 47, is a 5,800 sq ft floor let to an IT company.

What lock-in and security deposit does Vatika Business Park ask?

A leasing site quotes a nine-year lease with a 42-month lock-in, seven months' security deposit, and step-ups of 10 per cent after three years and 15 per cent after six. Sale listings for let units here show six months' deposit and three-year lock-ins on nine-year leases, so there is room to negotiate between those two positions.

How much does a 1,000 sq ft office in Vatika Business Park cost a month?

About Rs 79,000 bare shell at Rs 50: Rs 50,000 rent, Rs 20,000 maintenance at an assumed Rs 20, and Rs 9,000 of GST on the rent. Furnished at Rs 70 it is about Rs 1,02,600. The building's own maintenance rate was not published, so ask for it in writing.

Which companies are in Vatika Business Park?

Tenants named on listings include TCS, Xerox, McKinsey, whose Knowledge Centre takes about 2 lakh sq ft and has been here since 2010, and JCI India. About 11,000 people work on the campus, and a serviced-office operator runs a business centre in one block.

How big is Vatika Business Park, and what sizes are available?

About 8,70,000 sq ft in three blocks on about 6.88 acres around a one-acre courtyard, with around 166 units. Space to let runs from single offices of about 1,000 sq ft through floors of about 5,800 to 6,600 sq ft, and one office-leasing site lists blocks of 26,000 to 30,000 sq ft.

Is there a metro near Vatika Business Park?

No. Sohna Road has no metro line, and the nearest station is Millennium City Centre. A portal measures the building in the same sector, Universal Trade Tower, at about 7.9 km from Millennium City Centre, and Vatika Business Park is on the same stretch of road, so plan on cabs, company buses or cars.

Does the Vatika insolvency case affect a tenant here?

Not in practice for a unit owned by an investor. On 27 March 2026 the appeal tribunal confined the insolvency process against Vatika Limited to one housing project, Aspirations in Sector 88B. If your landlord is a Vatika company rather than an individual owner, ask who signs for it and check that the unit carries no charge.