ABW Tower Office Space, MG Road Gurgaon

ABW Tower is a finished office building of about 1,00,000 sq ft at IFFCO Chowk on MG Road, in Sector 25, Gurugram, built in 2003 by ABW Infrastructure, the ABW Group company promoted by Atul Bansal. Offices sit on the first to sixth floors in units of about 500 to 3,818 sq ft, with bank branches and a showroom at the base, and the MG Road metro station within walking distance, about a kilometre away. The developer still runs its own office from the second and third floors. The row this page replaces printed Price on Call and called the building a New Launch. It has been let for more than twenty years.

The honest price depends on which floor you buy. Office floors ask about Rs 18,000 per sq ft and let at Rs 80 to Rs 130 a month, which works out to a gross yield of about 5.3 to 8.7 per cent. Bank-let units at the base ask Rs 28,260 to Rs 39,520 per sq ft and yield about 4.0 to 4.25 per cent. A buyer who asks for "the ABW Tower rate" without naming the floor will be quoted whichever figure suits the seller.

At a glance

What sellers ask, divided by the area

• A 2,530 sq ft main branch let to Axis Bank at Rs 94.30 per sq ft a month on a twelve-year lease, with a strong room, three months' deposit and 15 per cent step-ups every three years, offered at Rs 7.15 crore. That is Rs 28,260 per sq ft. The rent comes to about Rs 2.39 lakh a month, Rs 28.6 lakh a year, which is 4.0 per cent on the price, as the listing says.
• A 2,500 sq ft unit let to a private bank at Rs 3.5 lakh a month on a nine-year lease, offered at Rs 9.88 crore. That is Rs 39,520 per sq ft, and a rent of Rs 140 per sq ft.
• Office floors at Rs 18,000 per sq ft for 1,000 to 10,000 sq ft, on one broker's page from May 2025. No lease is attached. A 500 sq ft office at that rate is about Rs 90 lakh, and a 1,000 sq ft office about Rs 1.8 crore.

The second bank unit is the one to check before you trust the listing. It prints a 5.4 per cent return. Rs 3.5 lakh a month is Rs 42 lakh a year, and Rs 42 lakh over Rs 9.88 crore is 4.25 per cent. At the 5.4 per cent the listing claims, the same rent would support a price of about Rs 7.8 crore. So either the rent is higher than printed or the price is Rs 2 crore too high for the return it advertises. Ask for the lease before anything else.

The two one-unit pages that now fold into this one

This site also carried two one-unit pages for ABW Tower, both naming the same building on MG Road in Sector 25, so both belong here and now fold into this page. Neither printed a price.

A furnished 3,100 sq ft office in ABW Tower is on the leasing pages at Rs 125 a month, so the first stub is most likely a unit to let, not for sale. The same 3,100 sq ft unit also appears on a second old page for this building. The pre-rented stub gave no size, though its record carried Rs 8.15 crore behind the "price on call" label. At the Rs 28,260 to Rs 39,520 the bank units ask, Rs 8.15 crore buys about 2,060 to 2,880 sq ft, which is the size of a ground-floor bank branch. Ask for the tenant and the area before you ring about it.

The rent, and the yield it produces

Offices on the upper floors let at about Rs 80 per sq ft a month bare, Rs 90 to Rs 130 furnished, with Rs 110 the headline figure on one leasing site and maintenance of about Rs 19 on top. A 3,100 sq ft furnished office asks Rs 125. At the base, a 1,571 sq ft showroom asks Rs 3 lakh a month, which is about Rs 191 per sq ft, plus Rs 30,000 maintenance and a Rs 21 lakh deposit. The bank units pay Rs 94.30 and Rs 140.

Now divide. An office bought at Rs 18,000 and let at Rs 110 earns Rs 1,320 a year per sq ft: 7.3 per cent. Let bare at Rs 80, it earns 5.3 per cent; furnished at Rs 130, 8.7 per cent, before the cost of the furniture. The Axis Bank unit earns 4.0 per cent today and about 4.6 per cent after its next 15 per cent step-up, which the listing puts in 2026. A bank lease pays less on the price because it is safer: twelve years, a strong room the tenant will not want to move, and a tenant that does not default. That is a fair trade for some buyers. It is not a bargain.

How to price a unit here

Price a let unit from its rent: rent divided by yield. At Rs 110 a month and 7 per cent, an office is worth about Rs 18,900 per sq ft, which is where the Rs 18,000 ask sits. At Rs 94.30 and 4 per cent, the Axis Bank unit is worth Rs 28,300, exactly its ask. At Rs 140 and 4.25 per cent, the second bank unit comes to Rs 39,500, and at the 5.4 per cent it advertises, Rs 31,100. The rule tells you which figure on a listing is doing the work. Compare the corridor: Delta Square on MG Road asks about Rs 15,000 to Rs 16,000 per sq ft, and the wider road is on the MG Road office page. Retail next door at M3M Jewel in Sector 25 trades on a different scale again, because small shop units always do.

Which ABW building, and which address

The builder, ABW Group, put up four office and retail complexes, and their figures travel between listings. ABW Rectangle One is at Saket District Centre in Delhi and lets at Rs 125 to Rs 170; ABW Elegance Tower is at Jasola in Delhi and sells near Rs 21,000 to Rs 22,000; the group also built Corporate Suites on MG Road. ABW Tower itself is listed under several addresses: IFFCO Chowk, MG Road, NH-8, Sector 25, DLF Phase 2, and on one site even Udyog Vihar. They are all the same building at the IFFCO Chowk end of MG Road. What matters is the unit number and the floor, because a ground-floor bank branch and a fifth-floor office in the same building differ by more than Rs 10,000 per sq ft.

Registration and title

There is no RERA number, and none is needed. ABW Tower was finished and let in about 2003, fourteen years before Haryana began registering projects in 2017. A purchase rests on the registered conveyance deed in the seller's name, the occupation certificate and the lease in place. Because the developer still occupies part of the building, a unit may be sold by an ABW company rather than an investor: check which, and check the title for any charge.

Who this suits, and who should look elsewhere

An upper-floor office suits an investor who wants 5 to 7 per cent gross on MG Road for about Rs 90 lakh to Rs 6.9 crore, in a building with a metro station close by and tenants such as Panasonic and ICICI Lombard on the listings. A bank-let unit suits a buyer who wants twelve years of low-risk rent and accepts about 4 per cent for it. The building does not suit anyone expecting a new-build finish; this is a 2003 tower with 2003 lifts and services, and a buyer should ask about the last upgrade. It does not suit a buyer who takes the 5.4 per cent on the second bank listing at face value. More let stock across the city is on the pre-leased property page, and other offices near a station are on the offices near metro page.

Before you pay anything

1. The floor and unit number. The ground floor and the upper floors are two markets.
2. The lease: tenant, start date, lock-in, deposit and the date of the next step-up.
3. The arithmetic: rent times twelve over price, checked against the yield the listing prints.
4. The title: a registered conveyance, and whether the seller is an ABW company.
5. Maintenance: about Rs 19 per sq ft a month on the listings, who pays it, and a no-dues letter.

Frequently asked questions

What is the price of office space in ABW Tower, MG Road?

Upper-floor offices ask about Rs 18,000 per sq ft, so a 1,000 sq ft office is about Rs 1.8 crore. Bank-let units at the base ask far more: a 2,530 sq ft Axis Bank branch at Rs 7.15 crore is Rs 28,260 per sq ft, and a 2,500 sq ft unit let to a private bank at Rs 9.88 crore is Rs 39,520. Name the floor before comparing any quote.

What rent does an office in ABW Tower earn?

About Rs 80 per sq ft a month bare and Rs 90 to Rs 130 furnished on the upper floors, with Rs 110 a common headline and maintenance near Rs 19 extra. A 3,100 sq ft furnished office asks Rs 125. At the base, a 1,571 sq ft showroom asks Rs 3 lakh a month, about Rs 191 per sq ft, and the bank units pay Rs 94.30 and Rs 140.

What is the rental yield on a pre-rented unit in ABW Tower?

About 4 per cent on the bank-let units. The Axis Bank branch earns Rs 28.6 lakh a year on Rs 7.15 crore, exactly 4.0 per cent, rising to about 4.6 after its next step-up. The private-bank unit advertises 5.4 per cent, but Rs 42 lakh a year over Rs 9.88 crore is 4.25. An upper-floor office at Rs 18,000 let at Rs 110 yields about 7.3 per cent.

Is ABW Tower a new launch?

No. ABW Tower was finished in about 2003 and has been let ever since, to tenants that have included Panasonic, ICICI Lombard and an Axis Bank main branch. There is nothing to wait for and no construction risk. The trade-off is age: services and lifts date from the early 2000s, so ask when the building was last upgraded and what the maintenance fund holds before you buy.

Where exactly is ABW Tower, and is it near the metro?

At IFFCO Chowk on MG Road, in Sector 25, Gurugram, beside NH-48. Listings also call the address NH-8, DLF Phase 2 or MG Road; it is one building. The MG Road metro station on the Yellow Line is about a kilometre away, and IFFCO Chowk station is also close by, which is a large part of why banks and offices keep renting here.

Does ABW Tower have a RERA number?

No, and none applies. The building was finished and let around 2003, long before Haryana started registering projects in 2017. A purchase rests on the registered conveyance deed, the occupation certificate and the lease in place. Because ABW Group still occupies space in the tower, confirm whether the seller is an investor or an ABW company, and check the title for charges.

Who built ABW Tower, and what else did they build?

ABW Infrastructure, the company of the ABW Group, founded in 1988 and promoted by Atul Bansal. Besides ABW Tower it built Corporate Suites on MG Road, Rectangle One at Saket District Centre and Elegance Tower at Jasola in Delhi, and houses in several South Delhi colonies. Rates for its Delhi buildings are often printed against this one, so check the address on every quote.