Solitaire Plaza Office for Sale, MG Road Gurgaon

Solitaire Plaza is a low, wide office building of two basements, a ground floor and four upper floors of about 27,000 sq ft each on MG Road near DLF Phase 3, Gurugram, about 0.5 km from the Guru Dronacharya metro station. The row this page replaces priced its offices at about Rs 18,000 to 24,000 per sq ft. On 30 September 2026 the only priced offices for sale were two let units, both at Rs 17,142.86 per sq ft: 4,400 sq ft at about Rs 7.54 crore and about 4,210 sq ft at about Rs 7.21 crore. Neither reaches the old band's floor, and a buyer should know why both land on the same odd number.

Two asks, one formula

Rs 17,142.86 is Rs 100 times 12, divided by 0.07. In other words, both prices were set by taking a rent of Rs 100 a month and asking for a 7 per cent return on it, not by comparing sales. That is a fair way to price a let office, and the 4,400 sq ft listing prints its rent as Rs 100, so its sum works. The 4,210 sq ft listing's rent is not given in what was read; its rate implies Rs 100 as well, or about Rs 4,21,000 a month, but that is derived and needs the lease to confirm it. Rounded to Rs 7.21 crore, the second ask is Rs 17,126 a foot. A portal also lists offices from 1,410 sq ft as price on request, and no vacant office was found with a price.

Inside the 4,400 sq ft lease

• Rent: Rs 100 per sq ft, Rs 4,40,000 a month, Rs 52,80,000 a year.
• Return as printed: 7 per cent. Rs 52,80,000 over Rs 7,54,28,571 is 7.0 per cent, so the claim checks out.
• Term: 9 years with a 3-year lock-in, furnished, tenant described as a multinational company.
• Escalation: 15 per cent after three years, taking the rent to Rs 115, or Rs 5,06,000 a month. On the same price that is 8.05 per cent from year four.
• Deposit: three months, Rs 13,20,000, which the buyer takes over and must return when the tenant leaves.

Costs change the picture a little. Stamp duty in Haryana is 7 per cent for a man, 5 per cent for a woman and 6 per cent jointly, plus the registration fee. At 7 per cent that is Rs 52.8 lakh, the same as a full year's rent, and it lifts the cost to about Rs 8.07 crore; the first-year return on that is about 6.5 per cent. A company tenant also deducts 10 per cent TDS from rent, and the buyer deducts 1 per cent TDS on the price. After year three, if the tenant stays past the lock-in and pays the escalation, the return on the full cost goes past 7.5 per cent.

Which rent a buyer should believe

Each value is the rent times 12, divided by 0.07; Rs 115 is Rs 1,380 a year and Rs 19,714 at 7 per cent. The quotes disagree by more than two to one, which this site's Solitaire Plaza rent page works through for tenants. For a buyer, the Rs 100 in a signed lease is worth more than any asking rent, because it is money a tenant is paying. It sits between the warm-shell and coworking-page figures and matches the furnished band. So on the evidence, a let office here is worth about Rs 17,000 a foot at 7 per cent, and a vacant one, which must first find a tenant, somewhat less.

What the old band would need

At Rs 18,000 a foot, a 7 per cent return needs a rent of Rs 105 a month (18,000 x 0.07 / 12). At Rs 24,000 it needs Rs 140. Only the single Rs 160 quote reaches that, and it is one unit. On the Rs 100 rent in the lease, Rs 18,000 returns 6.7 per cent and Rs 24,000 returns 5.0 per cent. A buyer paying the old band's top would be betting on rents rising by 40 per cent.

The building, with the conflicts left in

• Floors: two basements, ground and four upper floors, each about 27,000 sq ft, on a project page and a coworking page.
• Area: about 1,35,000 sq ft built up on one project page, which five levels of 27,000 sq ft matches. A portal instead gives the plot as 3.1 acres, and 3.1 acres is 1,35,036 sq ft, the same number. One of the two has probably been copied into the wrong field; the approved building plan settles it.
• Year: built in 2005 on a coworking page; completed in 2008 on a project page. The occupation certificate carries the date.
• Developer: not named anywhere found. One project page describes it only as a standalone building by an independent developer.
• Sector: Sector 26 on a map listing, a portal and a coworking page; Sector 28 on a project page; DLF Phase 3 or Sikanderpur in other listings.
• Tenants named on a listing read on 29 September 2026 include Bridgestone India, Auchan Retail International, Mitsui Prime Advanced Composite India, Axis Bank and ICICI Bank.
• Running costs: maintenance of about Rs 22 per sq ft a month and parking at about Rs 4,500 a car on one leasing summary; a coworking site's page expects a 36-month lock-in.
• Metro: about 0.5 km from the Guru Dronacharya metro station on the Yellow Line, with frontage visible from NH-48.

Priced against MG Road offices

The figures come from this site's pages. DLF Corporate Park, by the same metro station, asks Rs 18,400 to Rs 22,600 on similar rents, and Salcon Platina Tower at Bristol Chowk about Rs 18,000 to Rs 23,000. Sewa Corporate Park sells let offices at Rs 20,500 to Rs 26,200 for 5.5 per cent. DLF Plaza Tower has no sale ask at all, and Delta Square asks Rs 15,000 to Rs 16,000. Against that set, Solitaire Plaza's let offices are among the cheaper ways to buy Rs 100 of MG Road rent, and they return more than Sewa's 5.5 per cent. What a buyer gives up is a named developer and a newer building. The road's full office stock is on the MG Road office page and the wider market on the MG Road real estate page.

Due diligence on a let office here

1. The lease deed, registered: tenant's legal name, rent, start date, lock-in, escalation, deposit and what happens to the furniture at exit.
2. Rent receipts or bank credits for the last twelve months, and the tenant's TDS certificates.
3. Super and carpet area of the unit, since the price per foot depends on which one the listing used.
4. The occupation certificate, to settle 2005 or 2008, and the seller's conveyance deed and title chain back to the builder.
5. Maintenance and parking: who pays the Rs 22 a foot under the lease, and how many car bays are allotted to the unit.
6. The deposit: that the Rs 13.2 lakh passes to the buyer at registration, or comes off the price.

Frequently asked questions

What is the price of office space for sale in Solitaire Plaza?

Two asks were found on 30 September 2026, both for let offices and both at Rs 17,142.86 per sq ft: 4,400 sq ft at about Rs 7.54 crore and about 4,210 sq ft at about Rs 7.21 crore. No vacant office was found for sale with a price, and a portal lists offices from 1,410 sq ft as price on request.

What lease comes with the pre-leased office in Solitaire Plaza?

The 4,400 sq ft office is furnished and let to a multinational at Rs 100 per sq ft, or Rs 4,40,000 a month, on a 9-year lease with a 3-year lock-in, a 3-month deposit and a 15 per cent rise after three years. The listing prints a 7 per cent return, and Rs 52.8 lakh a year over Rs 7.54 crore is exactly that.

What is the rental yield on an office in Solitaire Plaza?

7 per cent gross on the priced let office in its first three years, rising to about 8 per cent once the 15 per cent escalation takes the rent to Rs 115. Stamp duty of 7 per cent for a man takes the first-year figure down to about 6.5 per cent on the full cost.

What rent does an office in Solitaire Plaza earn?

Quotes found run Rs 70 to Rs 80 per sq ft a month for warm shell and Rs 90 to Rs 100 furnished on one leasing summary, Rs 115 on a coworking site's leasing page, Rs 100 on the let office for sale, and Rs 160 on a 1,905 sq ft office this site found on 29 September 2026. Maintenance is about Rs 22.

Who built Solitaire Plaza, and when was it finished?

No developer's name was found; one project page lists it only as an independent developer's standalone building. One page gives 2005 as the year it was built and another 2008 as the year of completion. The occupation certificate settles the date, and the seller's title chain names the builder.

Is Solitaire Plaza in Sector 26 or Sector 28?

Sources differ. A map listing, a portal and a coworking page put it in Sector 26, a project page in Sector 28, and others describe it as DLF Phase 3 or Sikanderpur on MG Road. The address on the conveyance deed is the legal one.

How does Solitaire Plaza compare with DLF Corporate Park for buying an office?

DLF Corporate Park, near the same Guru Dronacharya station, asks about Rs 18,400 to Rs 22,600 per sq ft on rents of Rs 100 to Rs 160, a 6 to 8 per cent yield. Solitaire Plaza's two let offices ask Rs 17,143 on a Rs 100 rent, for 7 per cent: a little cheaper for the same income.

Which companies have offices in Solitaire Plaza?

A rent listing read on 29 September 2026 names Bridgestone India, Auchan Retail International, Mitsui Prime Advanced Composite India, Axis Bank and ICICI Bank among the tenants. No building directory or full company list turned up in any source read, and tenants change as leases end. For a let office on sale, the company that matters is the one in its lease; the 4,400 sq ft office is let to a multinational the listing does not name.