Vatika City Point Office for Sale, MG Road Gurgaon

Vatika City Point is an eleven-storey office building on MG Road in Sector 25, Gurugram, completed in 2008 on about 2.1 acres, with shops on its lowest two floors and about 1,70,000 sq ft of offices above. The MG Road metro station is about a five-minute walk. Almost everything for sale in it is already let: the listings found on 30 September 2026 are pre-leased offices sold with a tenant, and they ask Rs 16,800 to Rs 28,174 per sq ft, most of them between Rs 21,000 and Rs 22,500.

The row this page replaces printed a band of about Rs 20,000 to 26,000 per sq ft marked as an estimate, with no unit behind it. The middle of that band holds. What it left out is the return: at these prices the leases in the building pay 4.4 to 5.75 per cent a year gross, and two listings print a return their own figures do not reach.

What each listing asks, per sq ft

The division, line by line: Rs 84,00,000 over 500 is Rs 16,800. Rs 9,85,00,000 over 4,689.42 is Rs 21,005. Rs 7,99,00,000 over 3,565 is Rs 22,412. Rs 7,50,00,000 over 2,662 is Rs 28,174. Rs 2,13,00,000 over 852 is Rs 25,000 exactly, and Rs 6,93,00,000 over 2,774 is Rs 24,982, which is why that pair reads as a list rate rather than two owners' asks. It comes from a project page with no date, so treat it as history.

One office, two prices

The 4,689 sq ft office on the fourth floor, let to Nolimit City India at Rs 97 a foot on a nine-year lease with a three-year lock-in and four months' deposit, appears twice. One broker listing asks Rs 9.85 crore, which is Rs 21,005 a foot. Another prices the same size at Rs 22,500 a foot, which comes to Rs 10,55,02,500. The gap is about Rs 70 lakh. It may be two brokers quoting the owner at different times, or two units of one size; only the unit number on the sale deed and the lease settles which. On the lower price the office returns 5.5 per cent; on the higher, 5.2 per cent. A buyer offered the Rs 22,500 version should know the Rs 9.85 crore one exists.

Printed returns that fail the arithmetic

Brokers print the return as ROI. It is only the yearly rent divided by the price, before maintenance, vacancy or tax, and three of the offers here are worth dividing again.

• The 500 sq ft office prints a 6.47 per cent yield. Rs 40,000 a month is Rs 4,80,000 a year; on Rs 84 lakh that is 5.71 per cent. To return 6.47 per cent, the price would have to be Rs 4,80,000 divided by 0.0647, about Rs 74.2 lakh.
• The 3,565 sq ft office prints 4.50 per cent. 3,565 times Rs 82 is Rs 2,92,330 a month, Rs 35,07,960 a year; on Rs 7.99 crore that is 4.39 per cent. At 4.50 per cent the price would be about Rs 7.80 crore.
• The pre-leased pair of 2,662 and 2,975 sq ft is offered "from Rs 7.5 crore" at 5.75 per cent. That return is correct for the 2,662 sq ft unit alone: 2,662 times Rs 135 is Rs 3,59,370 a month, Rs 43,12,440 a year, 5.75 per cent of Rs 7.5 crore. Both units together earn Rs 91,31,940 a year and at 5.75 per cent would cost about Rs 15.9 crore.

The leases behind the prices

The let offices here pay less than the building now asks from new tenants. The 500 sq ft office earns Rs 80 a foot, the 3,565 sq ft office Rs 82 and the fourth-floor office Rs 97. This site's rent research on 29 September 2026 found new space quoted at about Rs 105 unfurnished and Rs 130 furnished, with small furnished offices at Rs 150 to Rs 160. So the investor buying today buys a rent below the market, which cuts both ways.

The good side: when the lease steps up or renews, the rent has room to rise. The 3,565 sq ft lease carries a 15 per cent step-up after three years, and so does the fourth-floor lease. If Rs 82 rises by 15 per cent it becomes Rs 94.30, and the return on Rs 7.99 crore rises from 4.39 to 5.05 per cent. The other side: a tenant paying Rs 80 to Rs 97 in a building where the asking rent is Rs 105 or more may leave at the end of the lock-in, and the unit then sits empty while a new tenant is found. The one pair paying Rs 135 is above today's asks, which suggests it was let with furniture or has already stepped up. A lease above the market is the one most likely to be renegotiated down.

A value from today's rents

A buyer who wants a vacant office can price it from the rent. At a 6 per cent gross return:

• At Rs 105 a month, the unfurnished ask, an office is worth Rs 1,260 a year divided by 0.06, Rs 21,000 a foot.
• At Rs 130, furnished, it is worth Rs 26,000, though some of that rent pays for the furniture, which wears out.
• At Rs 97, the fourth-floor lease, it is worth Rs 19,400; at Rs 82, Rs 16,400.

Most of the let asks, Rs 21,000 to Rs 22,500, are therefore priced as if the office already earned Rs 105 to Rs 112, when the leases actually pay Rs 82 to Rs 97. The buyer is paying today for the rent the next tenant may pay. The 500 sq ft office at Rs 16,800 is the one priced close to its own lease: Rs 80 a month at 6 per cent is Rs 16,000.

City Point against the other let offices on MG Road

City Point sits with Sewa Corporate Park and MGF Metropolis Mall at the top of the road, a little above DLF Corporate Park and Salcon Platina Tower, and well above Delta Square. Its case for the premium is the metro and a building that still lets at Rs 105 or more. The developer's older building on the same stretch, also near the MG Road station, Vatika Triangle in Sushant Lok, sells small let offices from about Rs 15,000 a foot. Every building on the stretch is on the MG Road office page, and the wider list of offices a short walk from a station is on the offices near metro page.

The building and the paperwork

Three basements, a ground floor and eleven upper floors, completed in 2008, so fifteen levels in total, three of them below ground. The developer's own page gives the office area as 15,794 square metres, the same 1,70,000 sq ft the listings print, credits the design to Studio u+a of New York, and names a cafeteria, restaurants and a health club inside. A full floor is about 15,000 sq ft super area and 9,750 sq ft carpet, so carpet is about 65 per cent of what is sold. A 4,689 sq ft office is therefore about 3,050 sq ft of usable floor, and Rs 21,005 per super foot is about Rs 32,300 per carpet foot. No source read for this page published a floor plan, so ask the seller for the measured plan of the office on offer: it is what settles the carpet area the price is buying.

No RERA number applies: the building was finished long before Haryana's regulator began registering projects. Vatika Limited is in an insolvency case, but on 27 March 2026 the appeal tribunal confined it to the Aspirations housing project in Sector 88B. On 28 September 2026 the Enforcement Directorate also arrested the company's chairman and managing director, Anil Bhalla, and promoter Gautam Bhalla, over plots in Vatika India Next that were paid for and not handed over; that case concerns the plots, not City Point. The offices here belong to investors, so the documents that matter are the seller's conveyance deed and a clean encumbrance search.

Who should buy here, and at what price

It suits an investor who wants a let office on MG Road near the Yellow Line and accepts a 5 to 5.5 per cent start in return for a building that re-lets well. At Rs 21,000 or below for an office let near Rs 97, with a step-up written into the lease, the numbers work. It suits a firm that will occupy 2,500 to 5,000 sq ft and values the metro. It does not suit a buyer who needs 7 per cent from day one, one paying Rs 28,000 a foot for a lease that may be renegotiated, or one who accepts a printed return without dividing it.

Checks before a token

1. The unit number, floor, super and carpet area, matched against the lease and the conveyance deed.
2. The lease: tenant, rent per sq ft, start date, lock-in end, step-up dates and deposit. Divide the yearly rent by the price yourself.
3. The lock-in date: if it ends within a year, price the office as if it might be empty for some months.
4. Maintenance: who pays it and at what rate; no listing publishes it.
5. Title and charges: the conveyance deed, the occupation certificate for the building and a search for any loan against the unit.
6. The rival ask: for the 4,689 sq ft office, ask why one listing says Rs 9.85 crore and another Rs 22,500 a foot.

Renting, not buying? The Vatika City Point rent page covers asking rents, the carpet ratio, deposits and what a whole office costs a month.

Frequently asked questions

What is the price of an office for sale in Vatika City Point?

On the asks found on 30 September 2026, Rs 16,800 to Rs 28,174 per sq ft, with most let offices at Rs 21,000 to Rs 22,500. A 500 sq ft let office asks Rs 84 lakh; a 4,689 sq ft office on the fourth floor asks Rs 9.85 crore on one listing and Rs 22,500 a foot, about Rs 10.55 crore, on another; a 3,565 sq ft let office asks about Rs 7.99 crore; and a 2,662 sq ft office let at Rs 135 asks Rs 7.5 crore.

What gross return do the let offices in Vatika City Point give?

Between 4.4 and 5.75 per cent a year at the asking prices. The 3,565 sq ft office at Rs 82 a foot returns 4.4 per cent on Rs 7.99 crore; the 4,689 sq ft office at Rs 97 returns 5.5 per cent on Rs 9.85 crore or 5.2 per cent at Rs 22,500 a foot; the 500 sq ft office at Rs 40,000 a month returns 5.7 per cent; the 2,662 sq ft office at Rs 135 returns 5.75 per cent.

Are the returns printed on Vatika City Point listings correct?

Two are not. The 500 sq ft office prints 6.47 per cent, but Rs 40,000 a month is Rs 4,80,000 a year, which is 5.71 per cent of Rs 84 lakh; 6.47 per cent would need a price of about Rs 74.2 lakh. The 3,565 sq ft office prints 4.50 per cent, but Rs 35,07,960 a year on Rs 7.99 crore is 4.39 per cent. The Rs 7.5 crore pre-leased offer is right only for its 2,662 sq ft unit, not for the pair.

What rent does an office in Vatika City Point earn?

Signed leases on the sale listings pay Rs 80 to Rs 97 a foot a month, with one pair at Rs 135 since August 2020. New space is asked at about Rs 105 unfurnished and Rs 130 furnished, with small furnished offices up to Rs 150 to Rs 160, as found by this site's rent research on 29 September 2026.

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

It was completed in 2008 on about 2.1 acres: three basements, a ground floor and eleven upper floors. Shops take the ground and first floors and about 1,70,000 sq ft of offices sit above; the developer states 15,794 square metres, which is the same area. The developer's page credits the design to Studio u+a of New York.

Does Vatika City Point have a RERA number?

No, and none applies. The building was finished in 2008, long before Haryana's regulator began registering projects, and a resale of a finished office does not need one. A buyer relies on the seller's registered conveyance deed, the occupation certificate for the building and a search for any loan charged on the unit.

Does the Vatika insolvency case affect a buyer in City Point?

Not directly. On 27 March 2026 the appeal tribunal confined the insolvency process against Vatika Limited to its Aspirations housing project in Sector 88B. Offices in City Point were sold to investors years ago, so a buyer deals with the owner. Ask who holds title, and if the seller is a Vatika company, ask who signs for it.

What is the Vatika City Point address and pin code?

Vatika City Point, MG Road, Sector 25, Gurugram (Gurgaon). The nearest metro station is MG Road on the Yellow Line, about a five-minute walk. No source read for this page printed the pin code; the seller's conveyance deed or a maintenance bill carries the full postal address. Vatika City, the developer's housing estate on Sohna Road, is a different place.

Which companies are in Vatika City Point, Gurgaon?

No source read for this page printed a company list or a directory of the building's tenants. The sale listings name one: Nolimit City India, which leases the 4,689 sq ft office on the fourth floor at Rs 97 a foot. Another describes a 500 sq ft office let to a travel firm without naming it. For a buyer, the tenant that matters is the one in the lease of the office on offer: get its name, the rent and the date the lock-in ends.