Vatika City Point Office for Rent, MG Road Gurgaon

Vatika City Point is a 2008 office building on MG Road in Sector 25, Gurugram, on about 2.1 acres, with shops on the ground and first floors and about 1,70,000 sq ft of offices above. The MG Road metro station is about a five-minute walk. Offices let at about Rs 105 to Rs 135 per sq ft a month, with small furnished offices asking up to Rs 160. That is the band the old row printed, and it holds. What it did not print is maintenance, carpet area, the monthly cost of a whole office, or how the building compares with its neighbours on MG Road.

The rents found

• Unfurnished office at about Rs 105, on a leasing listing.
• A 7,100 sq ft fully furnished office at Rs 130, maintenance extra.
• A 15,000 sq ft floor at Rs 130 on a coworking page, with 9,750 sq ft of carpet area.
• Two let units of 2,662 and 2,975 sq ft at Rs 135 on a nine-year lease from August 2020, with five months' deposit.
• A 3,198 sq ft fully furnished office at Rs 150 to Rs 160, the top of the building.

So bare or unfurnished space opens near Rs 105, furnished floors let at about Rs 130, and a small, fully fitted office can ask Rs 150 or more. A new tenant taking 3,000 to 7,000 sq ft should expect Rs 115 to Rs 130 depending on fit-out.

Super area and carpet area

The coworking page gives a floor as 15,000 sq ft super and 9,750 sq ft carpet: carpet is 65 per cent of super. Rent is quoted on super area, so the rent per usable sq ft is higher. At Rs 105, it is Rs 105 divided by 0.65, about Rs 161.5 per carpet sq ft; at Rs 130, about Rs 200. Use the carpet figure when comparing with any building that quotes differently.

What a whole office costs a month

No listing published the maintenance rate; they say only "maintenance extra". The table uses Rs 30, the rate at Delta Square on the same road, labelled as an assumption, with GST at 18 per cent on rent:

A GST-registered firm can usually claim the tax on rent back, which brings 1,000 sq ft at Rs 105 to about Rs 1,35,000 a month. If the building's actual maintenance is lower than Rs 30, every line falls by the difference times the area.

Deposit, lock-in and escalation

The one lease with published terms runs nine years from August 2020, with five months' deposit. Coworking pages list lease terms of three to ten years. Lock-in and escalation were not published for any listing. On a 5,000 sq ft office at Rs 130, five months' deposit is Rs 32.5 lakh; ask for the deposit, lock-in and step-up dates to be written into the lease before you pay a token.

A pre-leased listing whose printed return needs checking

The let units above are also offered to investors, and the listing is worth reading as a tenant because it shows what landlords here expect. It prints a 5.75 per cent return and an investment "from Rs 7.5 crore" for units of 2,662 and 2,975 sq ft, 5,637 sq ft in all, let at Rs 135. Divide:

• The 2,662 sq ft unit earns 2,662 times Rs 135, Rs 3,59,370 a month, Rs 43,12,440 a year. On Rs 7.5 crore that is exactly 5.75 per cent, and a price of about Rs 28,174 per sq ft.
• Both units earn Rs 7,60,995 a month, Rs 91,31,940 a year. On Rs 7.5 crore that would be 12.2 per cent. At 5.75 per cent both units would cost about Rs 15.9 crore.

So the Rs 7.5 crore is the smaller unit alone, not the pair. The Rs 135 rent was signed in 2020 and sits above today's Rs 105 to Rs 130 asks for new space, which suggests the lease included fit-out or has already stepped up.

The building

Built in 2008, three basements, a ground floor and eleven upper floors on about 2.1 acres. Retail takes the ground and first floors; offices take the rest, about 1,70,000 sq ft. The developer states the office area as 15,794 square metres, which converts to about 1,70,000 sq ft, so the two figures agree. The developer's page mentions a cafeteria, restaurants, corporate retail and a health club. The address is given as Sector 25 on most listings, while one portal files the same building under the locality name Heritage City. The tenants in the offices could not be established from the listings read.

How it compares on MG Road

City Point sits in the middle of MG Road's office rents. Delta Square asks a similar rent and publishes its maintenance; Salcon Platina Tower is a little cheaper; JMD Regent Arcade is dearer for small offices; and MGF Megacity Mall is the budget option in an older mall. The whole road is on the MG Road office page, and other metro-served buildings on the office space near metro 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 housing project, Aspirations in Sector 88B. Offices in City Point are held by investors, as the pre-leased listing shows, so a tenant's landlord is usually an owner with a registered conveyance. If the landlord is a Vatika company, ask who signs for it.

Who this suits

It suits a firm of 10 to 150 people that wants an MG Road address a short walk from the Yellow Line, and a finished building with shops and food downstairs. It does not suit a tenant who wants a new Grade A campus, one who compares super-area rents without checking the 65 per cent carpet ratio, or one who will not get the maintenance rate in writing.

Before you sign

1. Carpet area: ask for it and divide the rent by it; 65 per cent of super is the figure on record.
2. Maintenance: the rate, what it covers, and a no-dues letter.
3. Deposit, lock-in and step-ups: five months' deposit is on record; get the rest in the lease.
4. Furniture inventory: for a furnished office, a signed list, because it justifies Rs 25 or more on the rent.
5. The landlord's title: a registered conveyance for the unit.
6. Parking: how many basement slots come with the office.

Frequently asked questions

What is the rent for office space in Vatika City Point?

About Rs 105 to Rs 135 per sq ft a month on super area. Unfurnished office space is quoted at about Rs 105; a 7,100 sq ft fully furnished office at Rs 130 plus maintenance; and a coworking page lists a 15,000 sq ft floor at Rs 130. A 3,198 sq ft furnished office asked Rs 150 to Rs 160, the top of the building. A pre-leased pair of units has paid Rs 135 since August 2020.

What are the maintenance charges in Vatika City Point?

No listing published a rate; they say 'maintenance extra'. Delta Square, on the same road, charges Rs 30, and this page uses that figure for its cost sums. Ask for the building's rate in writing, what it covers and whether GST is added.

How much does a 1,000 sq ft office in Vatika City Point cost a month?

About Rs 1,53,900 unfurnished: Rs 1,05,000 rent at Rs 105, Rs 30,000 maintenance at an assumed Rs 30, and Rs 18,900 of GST on the rent. A 5,000 sq ft furnished office at Rs 130 is about Rs 9,17,000 a month. Electricity is billed separately.

How far is Vatika City Point from the metro?

About a five-minute walk to the MG Road station on the Yellow Line, by a coworking page's description. That makes it one of the easier offices in Gurugram to reach from Delhi by train.

How big is Vatika City Point, and when was it built?

It was built in 2008 on about 2.1 acres, with three basements, a ground floor and eleven upper floors. The ground and first floors are retail, and the floors above hold about 1,70,000 sq ft of offices; the developer gives the office area as 15,794 square metres, which is the same figure. A full floor is about 15,000 sq ft super area and 9,750 sq ft carpet.

What lease terms and deposit does Vatika City Point ask?

The one lease with published terms is a nine-year lease from August 2020 with five months' security deposit. Coworking pages list leases of three to ten years. Lock-in and escalation were not published; ask for both in writing.

What office sizes can I rent in Vatika City Point?

Listings run from about 1,000 to 10,000 sq ft, with units such as 2,662, 2,975, 3,198, 3,555, 4,722, 4,740 and 7,100 sq ft, and whole floors of about 15,000 sq ft super area.