Spaze Corporate Park Office for Sale, Sector 69 Gurgaon

Spaze Corporate Park, also spelled Spaze Corporate Parkk on one portal, is a single office and retail tower of ground plus 12 floors in Sector 69, Gurugram, built by the Spaze Group. One broker page puts the site at about 3 acres. It is a younger building than the group's Sohna Road towers: one portal records work starting on 1 April 2015 with possession due on 1 June 2020, and a project page prints RERA registration 393 of 2017.

The row this page replaces printed about Rs 9,000 to Rs 12,000 per sq ft with no working. The two dated asks found on 29 September 2026 sit below that band: Rs 7,184 and Rs 8,500 per sq ft. The market for this tower is thin. Few units are listed, most without a size, and the one rent found is for a whole block rather than a small office.

The asks, divided

The arithmetic: Rs 75,00,000 divided by 1,044 sq ft is Rs 7,184 a foot. The yield column takes Rs 55 a month, which is Rs 660 a year; Rs 660 over Rs 7,184 is 9.2 per cent, and over Rs 8,500 it is 7.8 per cent. Both look strong against the 6 to 7 per cent that let offices in Gurgaon usually trade at, and that is a warning sign as much as an opportunity. A building where sellers ask less than the rent would justify is usually one with a problem a buyer should find before paying.

Why the rent needs care

The only priced lease ask found is large: about 1,00,000 sq ft of carpet area at Rs 55 lakh a month, with four months' rent as deposit, in what the listing calls a Grade A building with central chilled-water air conditioning. Rs 55,00,000 over 1,00,000 sq ft is Rs 55 per sq ft of carpet. Two things follow. First, a block of that size is most of the tower's office space, so this reads like the developer or a group of owners offering the building to one occupier, not like the rent a single 1,000 sq ft owner can expect. Second, the rent is quoted on carpet area while sale asks are usually on super area. If the tower's loading is, say, 35 per cent, the same rent is about Rs 41 per sq ft of super area, and the yields in the table fall to about 6.8 and 5.8 per cent. The loading is not published, so the page shows both views rather than picking one.

For small offices, the nearest evidence is next door in the same sector. Spaze Palazo, the group's other Sector 69 building, has small offices asking Rs 59.50 to Rs 65 a month, and let units at Rs 60.50 to Rs 65 on nine-year leases. If Spaze Corporate Park's small offices let at about Rs 60, a 7 per cent return supports about Rs 10,300 a foot; at Rs 55 it supports Rs 9,429. The old band's bottom, Rs 9,000, is inside that range; its top, Rs 12,000, needs a rent of Rs 70 to reach 7 per cent, and nothing found in Sector 69 lets at Rs 70 today.

What a fair price looks like

• Bare office, no tenant: about Rs 7,200 to Rs 8,500, the range the dated asks give. Below the rent-based value because the buyer carries the vacancy and the fit-out.
• Office let at Rs 55 to Rs 60 on a registered lease: about Rs 9,400 to Rs 10,300 at 7 per cent.
• Anything above Rs 10,500: needs a named tenant paying above Rs 60 and a lock-in that covers the first few years.

The occupation certificate question

This is the fact a buyer must settle first. The developer's own page lists Spaze Corporate Park among its delivered commercial projects, and brokers describe it as ready to move. One portal's project page says the occupation certificate has yet to be issued. Both cannot be fully true. A building can be physically finished and occupied before the certificate arrives, and in Gurgaon many have been, but without the certificate the conveyance deed cannot be executed cleanly and a bank may not lend against the unit. Ask the seller for the occupation certificate for the tower, the conveyance deed or the builder-buyer agreement in the seller's name, and the RERA page for registration 393 of 2017, which will show the project's current status and any complaints.

How it compares

Spaze iTech Park in Sector 49, a much larger and older Spaze building, resells plain offices at Rs 8,500 to Rs 9,800, the same range as the Corporate Park asks. M3M Urbana in Sector 67 and Splendor Trade Tower in Sector 65 sell at Rs 11,000 and up, on rents of Rs 60 to Rs 90, because they sit on Golf Course Extension Road with named tenants. Spaze Corporate Park prices like a Sohna Road strata building, not like the Extension Road towers a few sectors north. The corridor's wider office stock is on the Southern Peripheral Road office page, and let offices across the city on the pre-leased page.

Who this suits

It suits a buyer who wants a small office in Sector 69 under Rs 1 crore, can wait out a vacancy, and has checked the occupation certificate first. It suits an owner-occupier who will use the office rather than rely on its rent. It does not suit a buyer who needs a bank loan and cannot get the certificate, a buyer paying Extension Road prices for a building that trades like Sohna Road, or anyone who needs a metro station within walking distance: Sector 69 has none, and Spaze Palazo in the same sector is about 8 km from the Sector 55-56 Rapid Metro station.

Before you pay anything

1. The occupation certificate for the tower, as a copy, not a verbal assurance.
2. RERA 393 of 2017 checked on the authority's site, with any complaints read.
3. Super area and carpet area of the unit, so the rent and the price can be compared on the same basis.
4. The lease, if the office is let: tenant name, rent per sq ft, lock-in, escalation and deposit.
5. Maintenance per sq ft a month and who pays it; no listing found publishes it.
6. Floor and use: floors 0 and 1 carry retail, which prices and lets differently from the office floors.

Looking to lease rather than buy? The Spaze Corporate Park rent page covers asking rents, maintenance, deposits and lock-ins in the building.

Frequently asked questions

What is the price of office space for sale in Spaze Corporate Park?

Two dated asks were found on 29 September 2026. A 1,044 sq ft office at Rs 75 lakh, which is Rs 75,00,000 divided by 1,044, or about Rs 7,184 per sq ft, and a bare-shell office quoted at Rs 8,500 per sq ft. One broker page gives a ticket band of Rs 50 lakh to Rs 2.5 crore without sizes. Nothing found supports the Rs 12,000 top of the band this site used to print.

What rent does an office in Spaze Corporate Park earn?

The one priced lease ask found is for a large block: about 1,00,000 sq ft of carpet area at Rs 55 lakh a month, which is Rs 55 per sq ft of carpet, with four months' rent as deposit. Small offices in Spaze Palazo, in the same sector, ask Rs 59.50 to Rs 65. No small-unit rent for Spaze Corporate Park itself was found.

What is the rental yield on an office in Spaze Corporate Park?

At Rs 55 a month, Rs 660 a year, the Rs 7,184 ask returns about 9.2 per cent gross and the Rs 8,500 ask about 7.8 per cent. Treat those as upper limits: the Rs 55 is quoted on carpet area, sale prices are usually on super area, and no maintenance or vacancy is taken off.

Does Spaze Corporate Park have a RERA number?

One project page prints RERA registration 393 of 2017. That fits the dates another portal gives: work started on 1 April 2015 and possession was due on 1 June 2020, so the tower was still under construction when the Haryana authority began registering projects in 2017. Check the number on the authority's own site before paying anything.

Has Spaze Corporate Park received its occupation certificate?

The sources disagree. The developer lists the tower as delivered, and brokers call it ready to move. One portal's project page says the occupation certificate has yet to be issued. The certificate itself settles it: ask the seller for a copy, because without it the conveyance deed and a clean resale are in doubt.

How big is Spaze Corporate Park?

The developer describes it as an independent tower of ground plus 12 floors mixing retail and offices. One broker page puts the site at about 3 acres. The total built-up area, floor plate and unit count could not be established from the sources read.

Which companies are in Spaze Corporate Park?

No tenant list for this tower could be confirmed. One broker page names Yamaha, JK Cement, Huawei, Capgemini, Regus, Goibibo and others, but the same list includes Aircel and Big Bazaar, which no longer operate, and reads like the Spaze Group's client roster across all its buildings. Ask who occupies the floor you are shown.