Magnum Global Park Office Space for Sale, Sector 58 Gurgaon

Magnum Global Park is built, let and trading, and it is in Sector 58, not Sector 59. The row this page replaces got both wrong: it filed the building under the neighbouring sector, labelled it Coming Soon, printed no price and named no developer. The building is an office, IT and retail complex of about 1.1 million sq ft on roughly 6.5 acres on the Golf Course Extension Road, developed by Galaxy Magnum Infraheights, listed as completed in 2023, with tenants in place and pre-leased floors changing hands.

The price, from the listings read on 26 September 2026, comes in two tiers that should never be confused. Vacant space asks about Rs 18,000 per sq ft: a 6,900 sq ft bare unit is offered at Rs 12.42 crore. Space sold with a tenant asks Rs 23,000 to Rs 27,000 per sq ft, advertised at about 6 per cent. The building lets at Rs 90 to Rs 110 per sq ft a month. Divide the one by the other and the vacant tier holds up, while the pre-leased tier only works if the lease in place pays well above what the building lets for today.

The asks, divided

The last column is the one that matters. A 6 per cent gross return on Rs 26,000 a foot needs Rs 1,560 of rent a year, which is Rs 130 a month. The open market here is Rs 90 unfurnished and Rs 110 furnished, with individual quotes at Rs 95, Rs 96 and Rs 105. So either the tenant in that unit signed at a rent well above the building's going rate, or the 6 per cent is not what the arithmetic returns. At a market Rs 100 the same Rs 26,000 foot earns 4.6 per cent, and at Rs 110 it earns 5.1.

A rent above market is not a scandal. Fitted-out space, a built-to-suit floor or a lease signed at the peak of demand can all carry one. But it is a risk a buyer is paying for up front: at the first renewal, or if the tenant leaves after the three-year lock-in, the rent resets to the market and the unit is worth what Rs 100 a month supports, which is about Rs 18,000 a foot. On 3,400 sq ft the gap between Rs 26,000 and Rs 18,000 is about Rs 2.7 crore.

The vacant tier is the honest benchmark

Rs 18,000 a foot for a bare unit at Rs 90 rent is 6.0 per cent gross; at Rs 100 it is 6.7 and at Rs 110 it is 7.3. That is the ordinary band for an Extension Road office and it agrees with the neighbours. The older Magnum towers in the same sector let at about Rs 85 and are worth Rs 11,700 to Rs 15,700 a foot on the same arithmetic, and Splendor Spectrum One lets at Rs 60 to Rs 80 against a sale rate near Rs 11,000. Magnum Global Park is the newest building of the three and lets for more, so a higher price per foot is justified. A price about 45 per cent higher, for the same space with a tenant in it, needs the lease to explain itself.

The smallest ask on one broker's list is Rs 1.97 crore. At Rs 18,000 a foot that buys about 1,100 sq ft, which matches the smallest unit this site used to carry a page for.

The old pages that fold into this one

Fifteen one-unit pages for this building now fold into this page. All of them named Sector 58, apart from one that repeated this row's Sector 59 and one that named no sector; every one is the same building. One printed a band, Rs 3.72 crore to Rs 4.84 crore marked as an estimate, with no size, and the arithmetic gives it away: 2,480 sq ft at Rs 15,000 a foot is Rs 3.72 crore, and that times 1.30 is Rs 4.84 crore. It was the formula run on the 2,480 sq ft unit. The rest printed nothing but a request to call.

The "vacant" column is the floor under each unit. A unit sold with a tenant can fairly ask more, by as much as the lease's rent exceeds Rs 100 a month and for as long as the lease runs. The three pre-leased shops are left unpriced on purpose: a food-court or ground-level shop lets on a completely different rent from an office floor, and no shop rent for this building was published.

The lease terms, and what they are worth

The pre-leased units on offer carry nine-year leases with a three-year lock-in and a 10 per cent rise every three years. That is weaker than the 15 per cent written into the leases at Emaar Digital Greens in Sector 61. A Rs 100 rent becomes Rs 110 in year four and Rs 121 in year seven. So a unit bought at Rs 26,000 on a market rent of Rs 100 earns 4.6 per cent, then about 5.1, then about 5.6 in the last three years, and only if the tenant stays past year three. Against a fixed deposit, that is a thin reward for the risk of a vacant floor.

Tenant names in circulation include 26 Miles Capital, Pepco Global Sourcing and Mercados Energy Markets India, and one listing describes its tenant as a Fortune 200 company without naming it. An unnamed tenant is not a covenant. Ask for the name on the lease.

What the developer publishes

Galaxy Magnum's own page describes Magnum Global Park as premium offices, IT and ITeS space, retail and a food court on about 6.5 acres in Sector 58, with a total development of about 1.1 million sq ft, floor plates up to about 50,000 sq ft, a 30-foot entrance lobby, three basements and four upper levels of parking, and IGBC Gold pre-certification. One listing gives the tower as three basements, ground, four parking decks and 16 office floors.

The Magnum name covers several buildings in this sector, and they get mixed up: Magnum Towers 1 and 2 are older and smaller, and one portal lists this park's towers at 3.5 lakh and 80,000 sq ft, which are the Magnum Towers figures. A rate quoted for one is not a rate for another, so get the building name, the tower and the floor in writing.

Registration

One portal prints the registration as GGM/293/2018/25, which fits a building registered with the Haryana authority in 2018 and completed in 2023. For a completed office the occupation certificate for the tower and the seller's conveyance deed are what close the sale, but the sale deed should cite the registration covering the tower, and the authority's website confirms it in a minute.

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. There is no GST on a completed unit bought on resale; TDS at 1 per cent applies above Rs 50 lakh.

Where it sits

Sector 58 is at the northern end of the Extension Road, about 2.5 km from the Sector 55-56 Rapid Metro station, with Golf Course Road beyond. The corridor's other office buildings for sale are on the Extension Road office sale page, and a buyer who wants income from a lease across the city will find it on the pre-leased page. For renting rather than buying nearby, the Magnum towers rent page sets out the sector's letting side.

Who this suits

A company buying its own floor in a new, certified building at Rs 18,000 a foot, where the rent it saves is worth 6 to 7 per cent. An investor buying a vacant unit and letting it at Rs 90 to Rs 110. Not an investor paying Rs 26,000 to Rs 27,000 for somebody else's lease without reading it: at the market rent, that is a sub-5 per cent return with a 10 per cent escalation and a three-year lock-in.

Before you pay anything

1. The rent in the lease, per sq ft a month. Compare it with Rs 90 to Rs 110. Anything above is a premium you are buying.
2. The tenant's name, lock-in end and escalation. "A Fortune 200 company" is not a name.
3. The building. Magnum Global Park, not Magnum Towers 1 or 2, in Sector 58.
4. Who pays maintenance, which no listing here publishes.
5. The occupation certificate, the conveyance deed and the registration for the tower.

Frequently asked questions

What is the price of office space for sale in Magnum Global Park?

Vacant space asks about Rs 18,000 per sq ft, with a 6,900 sq ft bare unit at Rs 12.42 crore, on the listings read on 26 September 2026. Pre-leased space asks Rs 23,000 to Rs 27,000 per sq ft, such as about 3,400 sq ft at Rs 8.84 crore. The lowest ask on one broker's list is Rs 1.97 crore, which buys about 1,100 sq ft at the vacant rate.

What is the office rent in Magnum Global Park?

Rs 90 per sq ft a month for unfurnished space and about Rs 110 furnished, with individual quotes at Rs 95, Rs 96 and Rs 105. Leases on the pre-leased units run nine years with a three-year lock-in and a 10 per cent rise every three years. No listing publishes the maintenance charge, so ask whether the tenant or the owner carries it before comparing yields.

Is the 6 per cent return on pre-leased units in Magnum Global Park real?

Only if the lease pays well above market. Six per cent on Rs 26,000 a foot needs Rs 130 a month, and the building lets at Rs 90 to Rs 110. At a market Rs 100 the same unit returns about 4.6 per cent. Ask for the rent written in the lease; if it is above market, price in the reset when the tenant renews or leaves after the lock-in.

Is Magnum Global Park in Sector 58 or Sector 59?

Sector 58, on the Golf Course Extension Road. The developer's own page and almost every listing put it there, and this site's own older pages said Sector 58 as well. The Sector 59 in this page's web address is a mistake carried over from the old listing; the address is kept so existing links still work, but the building has not moved.

Who developed Magnum Global Park and when was it completed?

Galaxy Magnum Infraheights, part of the Galaxy Magnum group, which also built the older Magnum Towers in the same sector. Listings give the completion as 2023, against a registration numbered in the 2018 series. The building is operational and let, so a buyer should ask for the occupation certificate for the tower and the seller's conveyance deed rather than a construction schedule.

What is the RERA number of Magnum Global Park?

One portal prints GGM/293/2018/25, consistent with registration in 2018 and completion in 2023. Confirm on the Haryana authority's website that the number covers the tower your unit is in, and have the sale deed cite it. On a completed building the occupation certificate and the seller's title matter more, but a mismatched registration number is a reason to pause.

How is Magnum Global Park different from Magnum Towers?

They are separate buildings from the same group in Sector 58. Magnum Global Park is the newer complex of about 1.1 million sq ft on 6.5 acres with plates up to 50,000 sq ft, letting at Rs 90 to Rs 110. The Magnum Towers are older and smaller and let at about Rs 85. Portals mix their figures, so confirm the building name, tower and floor in writing.