Office Space in New Gurgaon for Rent and Sale

New Gurgaon's office market follows its people rather than its employers. The honest picture of it is a 350 sq ft unit in Sector 83 renting at ₹17,500 a month — this is where a local business rents its shopfront office, not where a GCC lands.

Across Sectors 82 to 95 the pattern repeats: 426 sq ft in Sector 84 at ₹31,000, 560 sq ft in Sector 88 at ₹42,000. That is roughly ₹50 to ₹75 per sq ft a month, in small lockable units.

What real listings look like

The yield nobody quotes

Put the Sector 83 rental and sale figures side by side, because almost no listing does. A 350 sq ft unit rents at ₹17,500 a month, which is ₹2.1 lakh a year. Units of 562-600 sq ft sell at ₹72-80 lakh, or about ₹12,800-14,200 per sq ft.

Scale the rent to the same area and the gross yield lands near 4.2 to 4.7%, before you add the roughly 8% you pay in stamp duty and registration. That is a long way from the 8-10% figure that circulates about Gurgaon commercial.

It does not make New Gurgaon a bad buy. It makes it a different buy — one where the return comes from the belt maturing over years, not from today's rent.

What the belt actually is

Sectors 82 to 95 sit off NH-48, with the Dwarka Expressway immediately north and IMT Manesar to the south-west. The residential build-out here has been enormous and is still filling in, and the commercial stock follows it: mostly small lockable units in mixed retail-and-office buildings, from developers including Elan, Vatika and Signature Global.

One caution on definitions. Sources draw the New Gurgaon boundary differently, and some include sectors that others put in the Dwarka Expressway belt. Sector 83 and Sector 95 are not the same market. Ask which sector a listing is actually in.

The honest constraints

It is a local-service market. Clinics, coaching, professional practices, small agencies. Corporate occupiers are not here and are not coming soon.

Footfall varies inside one building. In a mixed retail-and-office development, the ground floor and the third floor are different businesses. Walk your specific floor at a weekday lunchtime.

Rental depth is thin. A vacant small unit here can stay vacant for months. If you are buying for income, price that in rather than assuming continuous occupancy.

No metro, road access only, though the belt does sit between two corridors rather than on one.

New Gurgaon against the alternatives

What you pay beyond the rent

The quoted per-square-foot figure is rarely what leaves your account. On a Gurgaon office lease, budget for all of this:

• Security deposit — commonly three to six months' rent on a commercial lease, and higher in Grade A buildings than in plot-built stock.
• CAM (common area maintenance) — charged on top of rent, and it is the line that varies most between buildings. Ask for the current rate per sq ft and last year's actual, not the budget.
• GST at 18% on commercial rent. If you are GST-registered and using the space for taxable supplies, you can claim it as input tax credit. If your landlord is not registered and you are, reverse charge applies and you pay it directly.
• TDS at 10% under Section 194-I, once annual rent crosses Rs 6 lakh — that threshold rose from Rs 2.4 lakh with effect from 1 April 2025. TDS is deducted on the rent, not on the GST component.
• Parking — usually charged per bay per month, separately from rent, and the allocation is a negotiating point.
• Electricity and DG backup — metered separately, with DG typically billed per unit at a higher rate than grid power.
• Brokerage — customarily one to two months' rent on a commercial lease.

If you are buying rather than leasing

Registration in Haryana is charged on the higher of the agreement value or the collector rate, and for commercial property in Gurugram the position is:

• Stamp duty — 7% for a male buyer inside municipal limits, 5% for a female buyer and 6% for joint buyers. Outside municipal limits the rates drop to 5% and 3%.
• Registration fee — 1% of the value, capped at Rs 50,000.
• GST — 12% with input tax credit on an under-construction commercial purchase. Nil on a completed property that already has its completion certificate, because that is a sale of immovable property rather than a supply of construction services.
• Collector rate — the floor for valuation, and it is set separately for commercial and residential use. Check the current Gurugram collector rate schedule for the sector before you agree a price, and our Gurgaon registration charges guide for the full working.

On a Rs 1 crore commercial purchase inside municipal limits, that is roughly Rs 7 lakh in stamp duty and Rs 50,000 in registration — about 8% before you count GST.

Want a shortlist for this requirement with the carpet area, CAM rate, parking allocation and deposit confirmed before you visit? Tell us the headcount, the budget per seat and the date you need to move in, and we will come back with buildings that actually fit — not a list of everything available.

FAQs

What is the office rent in New Gurgaon?

About ₹50 to ₹75 per sq ft a month on real listings. Examples: 350 sq ft in Sector 83 at ₹17,500, 426 sq ft in Sector 84 at ₹31,000, and 560 sq ft in Sector 88 at ₹42,000 a month.

What does office space cost to buy in New Gurgaon?

Around ₹12,800 to ₹14,200 per sq ft in Sector 83, where units of 562-600 sq ft have sold for ₹72-80 lakh. That is roughly a third of MG Road and half of Golf Course Extension Road.

What rental yield does New Gurgaon commercial give?

Roughly 4.2 to 4.7% gross on the best-evidenced Sector 83 figures, before the roughly 8% paid in stamp duty and registration. That is well below the 8-10% commonly quoted for Gurgaon commercial, so do the arithmetic yourself before buying for income.

Which sectors count as New Gurgaon?

Broadly Sectors 82 to 95, off NH-48. Sources draw the boundary differently and some include sectors others place in the Dwarka Expressway belt, so ask which sector a listing is actually in — Sector 83 and Sector 95 are not the same market.

Is New Gurgaon good for a corporate office?

No. This is a local-service commercial market — clinics, coaching, professional practices and small agencies. Corporate occupiers with Grade A requirements are not here.

What is the main risk of buying a small office in New Gurgaon?

Vacancy. Rental depth is thin, so a small unit can sit empty for months. In mixed retail-and-office buildings, footfall also varies sharply by floor — walk your specific floor at a weekday lunchtime before buying.