Office Space Price in Gurgaon: Rent and Sale Rates by Area

Gurgaon office rent runs from about ₹12 per sq ft a month on an industrial plot in Pace City, and ₹20 to ₹30 for Manesar's large offices, to past ₹260 in the best Golf Course Road towers. Sale rates run from about ₹5,500 per sq ft on Sohna Road to about ₹25,000 in most prime towers, with one MG Road office asking ₹28,174.

Before any of those numbers is useful, two warnings. The published ranges for the same corridor disagree by about double. Udyog Vihar in September 2026 is quoted at ₹40-65 per sq ft by one source and ₹85-115 by another; Cyber City at ₹85-125 by one and ₹120-165 by another. Both pairs are current. They are describing different buildings, different floors and in places different grades under one corridor name, and nobody says which.

And the office space price in Gurgaon is quoted two ways: per square foot on a conventional lease, and per seat on a managed or coworking floor — about ₹5,500 to ₹15,000 a seat a month. For a team under roughly twenty people the per-seat figure usually decides it, and a per-sq-ft quote will not compare against it without the fit-out, the deposit and the lock-in beside it.

That is more than a twelve-times spread in rent inside one city, leaving aside the ₹12 plot, and it means there is a right answer here for almost any budget. It also means a single "Gurgaon office rate" is meaningless. This page sets out the whole rate card, corridor by corridor.

At a glance

Rent by micro-market

Sale rates by micro-market

The smallest office tickets on this site's pages: a 230 sq ft office in Sector 29 at ₹25 lakh, about ₹10,870 a sq ft; a 342 sq ft office in Raheja Square, IMT Manesar, at ₹35 lakh; and 600 sq ft offices in 83 Metro Street, Sector 83, at ₹43 lakh to ₹45 lakh. Listings that promise offices under ₹20 lakh came back without sizes, or with figures of about ₹900 to ₹1,000 a sq ft that read as rents, so none is used here.

Why published rates disagree, and what to do about it

You will find bands for the same corridor that differ by 30 to 50%. Golf Course Road gets quoted at ₹80-120 in one source and ₹150-280 in another. Both are honest; they are describing different buildings and sometimes different area bases.

Three things cause it:

• Carpet versus super area. The same office quoted on carpet and on super area can differ by 25-35%. Always ask which basis a quote uses.
• Grade mixed together. A 1990s mid-rise and a new Grade A tower on the same road are averaged into one band.
• Asking versus closed. A listing is an opening price, and the rent finally signed is often lower. Ask for the rents agreed in the building over the last year, not the rents advertised; that gap is your negotiating room.

The market behind the rates

Gurugram accounts for roughly 60% of the Delhi NCR office market and about two-thirds of regional leasing. Delhi NCR leased 4.1 million sq ft in Q2 2026, and net absorption of around 8 million sq ft in the first half of FY2026 slightly exceeded new supply.

Occupancy is pushing into the high 70s, with 80% now considered reachable. GCCs took about 44% of Grade A leasing in Q1 2026 — the highest quarterly share on record — after NCR's GCC absorption share rose from 18% in 2024 to 45% in 2025.

A figure of roughly 16% year-on-year rent growth on the NH-48 Prime corridor — Udyog Vihar, Sector 32 and Cyber City — has been carried on this page. Re-checked in September 2026 it could not be corroborated, and it is named here rather than deleted because you will meet it elsewhere. It traces to reports published the previous autumn.

There is a dated figure to use in its place. CBRE's July report puts vacancy across Gurugram's key corridors under 15% and expects rents to rise 6-8% across this year, led by premium Grade A rather than by mid-market stock. That is the number to take into an escalation negotiation — and alongside it, the landlord's own last three renewals in that building.

What is on the record this month is demand, not a percentage: global capability centres are the largest source of absorption, Gurgaon is taking close to 40% of India's new GCC setups, and plug-and-play floors in Udyog Vihar and Sector 44 are running past 90% occupancy. A tight floor is what actually gives a landlord the escalation, so that is the thing to check before you sit down.

A warning on yields

Gurgaon commercial is widely described as yielding 8 to 10%. Run the arithmetic on real paired figures and it rarely does. In Sector 83, a ₹17,500 rent on 350 sq ft against asks of ₹7,167 to ₹14,235 per sq ft gives about 4.2% to 8.4%, and the dearer the unit, the lower the return. In Cyber City, ₹150 rent against ₹25,000 per sq ft gives about 7.2%. Both before the roughly 8% you pay in stamp duty and registration.

Ask for the specific rent and the specific price. Then divide.

If income from day one is the point, that arithmetic is already done for you on a pre-leased property, where the tenant, the rent and the lease are all in place before you buy.

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 393(1) of the Income-tax Act, 2025 (Section 194-I until 31 March 2026), once rent exceeds Rs 50,000 for a month or part of a month — the monthly threshold that replaced Rs 2.4 lakh a year 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 — a value slab from Rs 100, reaching its Rs 50,000 cap at Rs 90 lakh and above.
• GST — on an under-construction commercial purchase, two guides give 18% with input tax credit since 22 September 2025 and an older one 12%, so the builder's invoice settles it. 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 7.5% before you count GST.

Rates are half the decision. What you get at those rates — shell, fitted, managed or a seat — is the other half, and it is set out on the office space in Gurgaon page.

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 space price in Gurgaon?

Rent runs from about ₹20 to ₹30 per sq ft a month for Manesar's large offices to past ₹260 in the best Golf Course Road towers, and sale rates from about ₹5,500 per sq ft on Sohna Road to about ₹25,000 in most prime towers, with one MG Road office asking ₹28,174. But the office space price in Gurgaon is quoted two ways and you should ask for both: per square foot on a lease, and PER SEAT on a managed or coworking floor — ₹5,500 to ₹15,000 a seat a month on a managed floor, and dedicated coworking desks from about ₹4,799. For a team under about twenty people the per-seat number is usually the one that decides it.

Which is the cheapest area for office space in Gurgaon?

Manesar's large offices let at about ₹20 to ₹30 per sq ft a month, and a few industrial-estate listings go lower, such as about ₹12 in Pace City, Sector 37. Within Gurgaon city itself, Sohna Road is the value belt, at about ₹33 to ₹72 a month plus upkeep across Sectors 47 to 49.

Which is the most expensive office area in Gurgaon?

Golf Course Road, where the corridor runs about ₹110-200 per sq ft a month and premium towers such as One Horizon Center and Global Foyer have quoted ₹130-260. Cyber City is the most expensive to buy into, at about ₹18,000-25,000 per sq ft, though very little of it actually trades — DLF owns the campus and offers it on lease rather than for sale.

Why do Gurgaon office rate quotes vary so much?

Three reasons: quotes mix carpet and super area, which differ by 25-35%; Grade A and Grade B buildings on the same road get averaged into one band; and asking rents run above the rents finally signed. On Sohna Road alone, the guides re-checked in October 2026 found ₹33 at one end and ₹72 at the other.

What rental yield does Gurgaon commercial property give?

Usually less than the 8-10% commonly quoted. Real paired figures give about 4.2% to 8.4% in Sector 83, depending on the price paid, and 6.4-8.9% in Cyber City, both before the roughly 8% paid in stamp duty and registration. Ask for the specific rent and the specific price, check they are on the same area basis, then divide.

How big is the Gurgaon office market?

Gurugram accounts for roughly 60% of the Delhi NCR office market and about two-thirds of regional leasing, and its office stock crossed 100 million sq ft this year — the first city in North India to get there. Delhi NCR leased 4.1 million sq ft in Q2 2026, with occupancy pushing into the high 70s and vacancy in the key corridors under 15%.