Vipul Trade Centre Office for Sale, Sector 48 Gurgaon

Vipul Trade Centre is a finished retail-and-office building on Sohna Road in Sector 48, Gurugram, built by Vipul Limited. One project summary dates possession to 2011. It has three basements, a ground floor and six upper floors, about 3,19,000 sq ft on about 4.06 acres and about 290 units, so offices change hands one at a time between private owners.

The row this page replaces printed about Rs 10,000 to Rs 14,000 per sq ft with no unit behind it. Six asks read on 30 September 2026 run from about Rs 10,300 to Rs 12,500 per sq ft, and the rents in the building, Rs 40 to Rs 60 a month, put a bare office's value at about Rs 8,600 to Rs 10,300 on a 7 per cent return. The old floor was about right. Its ceiling needs a rent of about Rs 82 that no one here pays.

Six asks and what they come to per foot

• 892 sq ft, let at Rs 42,000 a month, Rs 92 lakh: Rs 92,00,000 divided by 892 is Rs 10,314.
• 1,350 sq ft, Rs 1.42 crore: Rs 1,42,00,000 over 1,350 is Rs 10,519; the listing rounds it to Rs 10,500.
• 1,391 sq ft, Rs 1.59 crore: Rs 11,431, printed as Rs 11,430.
• 1,454 sq ft, Rs 1.8 crore: Rs 12,380, printed as Rs 12,379.
• 600 sq ft, Rs 75 lakh: Rs 12,500, the smallest ticket found.
• 5,000 sq ft, Rs 6.25 crore: also Rs 12,500.

All six are resale asks from private owners, and the listings' own per-foot figures check against their prices, which is a good sign that the areas are super areas used consistently. Two other let offices came back in a search, at 2,842 sq ft for Rs 4.6 crore and 1,000 sq ft for Rs 1.8 crore, but neither could be tied to this building, so neither is used.

Rents found in the building

Furnished offices let for no more than bare space here, and sometimes less, which the building's rent page also noticed. For a buyer that means furniture adds little to what an office earns, so a furnished unit should not be priced much above a bare one.

The one let unit on sale

The 892 sq ft office is the one pre-leased unit found, with a tenant paying Rs 42,000 a month. That is Rs 5,04,000 a year, and against Rs 92 lakh a gross return of 5.48 per cent. The listing prints an ROI of 5.42 per cent, which is what the same rent returns on about Rs 93 lakh (Rs 5,04,000 divided by 0.0542). The gap is small, but it means the price and the return were worked on different numbers; ask which price the seller will sign at.

At about Rs 47 a foot, the tenant pays less than the Rs 55 to Rs 60 other offices ask. If the lease renews at Rs 55, the same Rs 92 lakh returns 6.4 per cent (Rs 660 a year over Rs 10,314); if the tenant leaves, the buyer has an empty 892 sq ft office in a building where furnished space lets at Rs 40 to Rs 55. The lease's start date, lock-in and escalation decide which it is, and the listing gives none of them.

Working the price back from the rent

Sohna Road offices of this age mostly trade near 7 per cent on this site's pages for neighbouring buildings. On that basis the cheapest asks, Rs 10,314 and Rs 10,519, are close to fair for an office that lets at Rs 60, and the Rs 12,500 asks need either a 6 per cent buyer or a rent of about Rs 73 at 7 per cent. The old band's Rs 14,000 top needs Rs 82 at 7 per cent, or Rs 70 at 6. Nothing in Vipul Trade Centre was found letting at either.

What the portal average says

One portal puts the building's average at Rs 12,000 per sq ft, up from Rs 11,550 over a quarter in 2025, a rise of 3.9 per cent, and the only price trend on record for the building. Rs 12,000 is inside the asks found, but at a Rs 60 rent it is a 6 per cent return and at Rs 50 it is 5 per cent. An average asking rate says where sellers are; the rent says where a buyer should be, and here the two are about Rs 1,700 a foot apart.

The building and its location

Three basements, a ground floor and six upper floors, about 3,19,000 sq ft on about 4.06 acres, with floor plates of about 45,000 sq ft; seven floors of 45,000 is 3,15,000 sq ft, which squares with the total. One portal describes it as a single tower of about 290 units on 4 acres. A rent listing adds full power backup, four passenger lifts and two service lifts. No source read for this page published a floor plan, so ask the seller for the plan of the unit on offer with its super and carpet areas marked. The ground floor holds shops, which sell on a different rate from the offices above.

Tenants named on a leasing page include Komatsu India, USG Boral Building Products India and several small technology firms, and two coworking operators have centres in the building. There is no metro on Sohna Road; Millennium City Centre is about 7 km away.

Vipul Business Park is another Vipul building in Sector 48, and listings for the two are mixed in search results. A search for Vipul Trade Centre vs Vipul Business Park usually comes from someone holding a listing for the wrong one. Keep the name straight on every document.

Sohna Road sale prices side by side

Vipul Trade Centre asks about what JMD Megapolis does, on a similar rent, and more than Iris Tech Park or Welldone Tech Park, which let at Rs 55 to Rs 62 and sell for less. Spaze iTech Park is the cheaper choice for the same income. The difference Vipul Trade Centre can claim is its 45,000 sq ft floors, which matter to an occupier who wants to combine units, not to an investor buying 900 sq ft. Across town, Vipul's Tech Square on Golf Course Road lets at about Rs 100 and asks roughly twice as much a foot. The road's stock is on the Sohna Road office page.

Registration and the developer

No registration number applies: the building was finished around 2011, before Haryana began registering projects in 2017. A purchase rests on the seller's registered conveyance deed, the chain back to Vipul Limited and the occupation certificate.

Vipul Limited was admitted to insolvency in January 2020, and the appeal tribunal set that aside after a settlement. A second petition, from the residents of Vipul Greens in this same sector, was admitted in July 2021 over deposits the company had not refunded, and its present stage could not be established. An office conveyed to its owner years ago is not the company's to lose. An office whose first sale from Vipul was never registered is the exception, and that is the one to walk away from.

The case for and against

For: small tickets from Rs 75 lakh, a building that has been let for over a decade, large floors, and asks whose arithmetic checks. Against: no metro within 7 km, rents that top out at Rs 60, a let unit paying below the building's rate, no published maintenance charge, and asks at Rs 12,500 that return under 6 per cent even at the best rent found.

What to ask the seller

1. The lease, if let: tenant, rent, start date, lock-in, escalation and deposit.
2. The price that goes on the deed, where a listing's return and price disagree.
3. Super and carpet area on the registered deed, and the floor.
4. The conveyance chain to Vipul Limited, registered at every step.
5. Maintenance: the rate, what it covers, and a no-dues letter; no listing publishes it.
6. Parking in the three basements allotted to the unit.

Looking to lease instead? The Vipul Trade Centre rent page sets out monthly costs in the building, and the Sector 48 office page covers the sector.

Frequently asked questions

What is the price of an office for sale in Vipul Trade Centre?

About Rs 10,300 to Rs 12,500 per sq ft on six asks read on 30 September 2026: 892 sq ft at Rs 92 lakh, 1,350 sq ft at Rs 1.42 crore, 1,391 sq ft at Rs 1.59 crore, 1,454 sq ft at Rs 1.8 crore, and 600 sq ft and 5,000 sq ft both at Rs 12,500 a foot. The smallest ticket found is Rs 75 lakh for 600 sq ft.

What rent does an office in Vipul Trade Centre earn?

Rs 40 to Rs 60 per sq ft a month on the listings found. A furnished 1,000 sq ft office on the third floor asks Rs 55,000 a month with two months' deposit, a furnished 1,000 sq ft office on the fourth floor Rs 50 a foot, and a leasing page quotes Rs 60 for the building. The one let unit on sale earns Rs 42,000 on 892 sq ft, about Rs 47.

What is the rental yield on an office in Vipul Trade Centre?

Between about 4.8 and 7 per cent gross, depending on the ask and the rent. The let 892 sq ft office earns Rs 5,04,000 a year on Rs 92 lakh, 5.5 per cent. A Rs 60 rent on the cheapest ask per foot, Rs 10,314, would return 7.0 per cent, and on the dearest, Rs 12,500, 5.8 per cent. At Rs 50 the dearest ask returns 4.8 per cent.

Is the 5.42 per cent return on the let Vipul Trade Centre office right?

Nearly. Rs 42,000 a month is Rs 5,04,000 a year, which is 5.48 per cent of Rs 92 lakh. The printed 5.42 per cent is what that rent returns on about Rs 93 lakh, so the listing's price and its return were worked on slightly different figures. Ask which price is the real one.

When was Vipul Trade Centre built, and how big is it?

Possession began in 2011 on one project summary. The building has three basements, a ground floor and six upper floors, about 3,19,000 sq ft on about 4.06 acres, and about 290 units. Floors are about 45,000 sq ft. It was finished before Haryana's registration regime began in 2017, so no RERA number applies.

Is Vipul Trade Centre the same as Vipul Business Park?

No. Both are Vipul Limited buildings in Sector 48 on Sohna Road, and search results mix their listings. Vipul Trade Centre is the six-storey retail-and-office block of about 3,19,000 sq ft. Check the building name on the seller's registered deed as well as on the listing.

Is the average price of Rs 12,000 per sq ft for Vipul Trade Centre fair?

Only on a good lease. One portal puts the building's average at Rs 12,000 a foot, up 3.9 per cent from Rs 11,550 over a quarter in 2025. At a Rs 60 rent that is a 6 per cent return; at Rs 50 it is 5 per cent. On the building's rents, a bare office is worth about Rs 8,600 to Rs 10,300 at 7 per cent.

What is the Vipul Trade Centre address and pin code, and the nearest metro station?

Vipul Trade Centre, Sohna Road, Sector 48, Gurugram (Gurgaon); the developer's own page spells it Vipul Trade Center. No source read for this page printed the pin code, so take the full postal address from the seller's conveyance deed or a maintenance bill. No metro runs on Sohna Road. The nearest metro station in the sources read is Millennium City Centre, the Yellow Line station long called HUDA City Centre, about 7 km from Vipul Trade Centre: a cab ride, not a walk.

Which companies are in Vipul Trade Centre, Gurgaon?

A leasing page names USG Boral Building Products India, Komatsu India, iZenBridge Consultancy, Reallearning Technologies, Sumantra Tech Services and FSL Software Technologies among the tenants. No full list of companies or building directory turned up in any source read, and tenants change. For a let office on sale, the company that matters is the one named in its lease: ask for the name, the rent and when the lock-in ends.