Pre Rented Property for Sale in Gurgaon

A pre-leased property is one you buy with the tenant already inside it. The lease is signed, the rent is running, and from the day the sale deed is registered that rent comes to you instead of to the seller. In Gurgaon and the wider Delhi NCR market this is the usual way to own commercial property without spending a year looking for a tenant.

The listings on this page are the pre-leased and pre-rented stock we currently have — office floors, SCO units, bank branches and high-street shops across Gurugram, Delhi, Noida and Faridabad. Below the listings is the part most pages leave out: what these assets really cost, what they really yield after tax, and what to check on the lease before you pay anything.

Pre-leased, pre-rented, preleased — the same asset

All three words describe one thing: a commercial unit sold with a live lease attached. Brokers in Gurgaon use "pre-leased" and "pre-rented" interchangeably, and you will see "preleased" written without the hyphen too. There is no legal difference between them.

What you are buying is really two things at once:

• The property — the floor, shop or branch, with its title, licence and completion certificate.
• The lease — a contract that says who pays you, how much, for how long, and what happens if they leave early.

The second one decides your return. Two identical 1,000 sq ft offices on the same floor of the same tower can be worth very different money if one is leased to a listed company for nine years and the other to a two-year-old firm on an eleven-month agreement.

What a pre-leased deal costs in Gurgaon

There is no single Gurgaon price. Sale rates run from about ₹5,500 per sq ft on Sohna Road to about ₹27,000 per sq ft in prime Cyber City, and rents run from about ₹30 per sq ft a month in Manesar to past ₹200 on Golf Course Road. The full rate card is on our Gurgaon office price page.

Applied to the unit sizes that actually trade pre-leased, that gives these entry tickets. The ticket column is the corridor's sale rate multiplied by the usual unit size — it is a sizing guide, not a quote on any specific unit.

Below roughly ₹1 Cr the pre-leased market thins out fast. If your budget is under that, look at smaller commercial units first and accept that you may have to find the tenant yourself.

The yield question, answered honestly

Pre-leased listings in Gurgaon are routinely advertised at 8% to 11% returns. Published yield indexes for the city are more careful: roughly 5% to 9% on Sohna Road and 6.5% to 11% for SCO and high-street stock on Dwarka Expressway. When we divide a real asking rent by the real asking price on paired listings, the number that comes out is usually lower than any of that.

So the honest band for Gurgaon pre-leased commercial is roughly 4.5% to 7.5% gross, and the top of that needs a good building with a strong tenant. Anything quoted above 9% deserves a hard look: it usually means a weak tenant, a short remaining lease, a rent that is above market and will fall at renewal, or a price that includes a cash component.

Gross yield is not what you keep

Work a real ₹1.4 Cr deal through, on 1,000 sq ft at ₹14,000 per sq ft, leased at ₹85 per sq ft a month:

• Rent: ₹85,000 a month, ₹10.2 lakh a year. Gross yield on price: 7.3%.
• Entry cost: 7% stamp duty (₹9.8 lakh), ₹50,000 registration, about 1% brokerage. Total outlay is close to ₹1.52 Cr, so the yield on money actually spent is 6.7%.
• Income tax: rent is taxed under house property after a 30% standard deduction. At a 31.2% effective rate that is about ₹2.2 lakh a year, leaving ₹8 lakh.
• Post-tax yield on outlay: about 5.3% — before any month of vacancy between tenants, and before whatever the property tax and non-reimbursed maintenance come to.

That is still a fair return for an asset with a signed lease behind it, and it beats residential, which yields 2% to 3% in the same city. But it is not 11%, and any broker who tells you otherwise is quoting you the gross number on a rent that may not last.

The lease is the asset — what to read before you pay

Ask for the registered lease deed, not a summary, and read these clauses yourself:

• Remaining term. Nine-year leases with a 5+4 or 3+3+3 structure are common in Gurgaon. What matters is the years left, not the years signed.
• Lock-in. Three to five years is normal. Inside lock-in the tenant pays even if they vacate. A lease with the lock-in already expired is a materially different asset — price it that way.
• Escalation. The market standard is 15% every three years. Check the date of the next escalation; buying just before one is worth real money.
• Security deposit. Usually three to six months of rent. It must be transferred to you at closing, or adjusted in the price. Sellers forget this one conveniently often.
• Who pays what. CAM, property tax, DG backup, parking and repairs are all negotiable and all in the deed. A rent that looks high sometimes has CAM buried inside it.
• Notice and exit. Three to six months' notice after lock-in is standard. A one-month exit clause on a nine-year lease is not a nine-year lease.
• Fit-out ownership. If the tenant paid for the interiors, they can take them out. That matters when you are re-leasing.
• Sub-lease and assignment rights. Whether the tenant can hand your space to someone else, and whether you get a say.

Our full guide to these clauses is at office lease agreement terms in Gurgaon.

Check the tenant, not just the building

The rent is only as good as the company paying it. Gurugram is roughly 60% of the Delhi NCR office market, and global capability centres took about 44% of all Grade A leasing in the first quarter of 2026 — the highest share on record. A GCC or listed-company tenant on a long lease is the strongest paper in this market. A single small firm on a short lease is the weakest, whatever the yield looks like.

Before you sign, ask the seller for:

• Twelve months of bank statements showing the rent credited.
• Form 26AS or the TDS certificates, which prove the tenant has been deducting and depositing tax on the rent.
• The tenant's GST registration and, for a company, its latest filings.
• The rent receipts and the escalation record — has the last increase actually been applied?

If a seller will not show you rent hitting a bank account, treat the lease as unproven.

Where the pre-leased stock sits in Gurgaon

Delhi NCR leased 4.1 million sq ft of office space in the second quarter of 2026, with occupancy pushing into the high 70s. That matters to a pre-leased buyer for one reason: a market that is not fully let is a market where your tenant has options at renewal. Price the renewal risk into what you pay today.

Stamp duty, GST and tax on a pre-leased purchase

• Stamp duty in Haryana: 7% for a male buyer, 5% for a female buyer and 6% jointly inside municipal limits; 5% and 3% outside. Registration is 1%, capped at ₹50,000. Full detail on our Gurgaon registration charges page.
• GST on the purchase: nil on a completed property that has its completion certificate. An under-construction commercial unit attracts 12%. Most pre-leased stock is completed, so this usually does not apply — but check the certificate.
• GST on the rent you receive: commercial rent is taxable at 18%. Since 10 October 2024, where the landlord is not GST-registered and the tenant is, the tenant pays that 18% under reverse charge and can claim input credit. Our GST on commercial property guide works through both cases.
• TDS on rent: the tenant deducts 10% under section 194-I. The annual threshold rose from ₹2.4 lakh to ₹6 lakh on 1 April 2025, so almost every commercial lease of this size is above it.
• Income tax: rent is taxed under income from house property, after a 30% standard deduction and municipal taxes paid.
• When you sell: held over 24 months, the gain is long-term and taxed at 12.5% without indexation. Capital gains bonds under section 54EC can defer up to ₹50 lakh of it, with a five-year lock-in.

Borrowing against a pre-leased property

Because the rent is contractual, lenders treat these assets differently from a vacant unit. Lease rental discounting (LRD) lends against the future rent rather than against your income, and is usually capped at about 85% of the net present value of the remaining rentals or roughly 50% to 60% of the property's market value, whichever is lower. Rates are broadly in the 9% to 12% range, against 8% to 14% for a general commercial property loan, and the tenure is normally tied to the remaining lease.

Two consequences worth planning for. Your loan tenure shortens as the lease runs down, so the EMI is heavier than a home loan on the same amount. And if the rent is 7% while the loan is 10.5%, leverage works against you until rent escalations catch up — run that arithmetic before you gear the deal.

When not to buy a pre-leased property

• The lock-in has expired and the lease has under two years left. You are buying a vacant-unit risk at a leased-unit price.
• The rent is above market for the corridor. Check it against the rate card. An inflated rent inflates the price and corrects at renewal.
• The tenant is a single small business. One bad quarter and the rent stops. Yield does not compensate for a covenant this thin.
• The deposit is not being transferred. If you have to refund a deposit you never received, that is a real cost, so negotiate it out of the price.
• There is no completion certificate or occupancy certificate. Then the building is not legally complete, whatever is happening inside it.
• It is a developer "assured return", not a lease. A promise from a builder to pay you a fixed monthly amount until a tenant is found is a credit risk on that builder, not rental income. We cover the difference on the assured return page.

How to check a deal in one sitting

1. Registered sale deed chain and the title search for the last 30 years.
2. HARERA registration of the project, and the building's licence.
3. Completion or occupancy certificate.
4. Registered lease deed — term, lock-in, escalation, deposit, notice.
5. Twelve months of rent credits in the seller's bank statement.
6. Form 26AS or TDS certificates for the same period.
7. Tenant's GST registration and standing.
8. Latest property tax receipt and CAM dues certificate — arrears follow the property.
9. Whether the price is quoted on carpet or super area. The gap is 25% to 35%.
10. Any existing mortgage on the unit, and a no-dues letter from that lender.
11. The maintenance agency's transfer formalities and charges.
12. Your own yield calculation, using the actual rent and the actual all-in cost.

Talk to us before you commit

We work this market every week and can pull the lease deed, the rent history and the HARERA papers on a specific unit before you put money down — including deals not listed publicly. Browse the current stock above, or look at office space and commercial property more widely. If you want the numbers on the wider market first, start with our Gurgaon office rate card and our market guides.

Frequently asked questions

What is a pre-leased property?

A commercial property sold with a tenant and a live lease already in place. The rent transfers to you from the date the sale deed is registered, so there is no waiting period and no hunt for a tenant. Pre-rented and preleased mean the same thing.

What rental yield does pre-leased property in Gurgaon actually give?

Roughly 4.5% to 7.5% gross on real paired rent and price figures — about 4.4% in New Gurgaon, about 7.2% in Cyber City. Listings advertising 9% to 11% usually have a short remaining lease, a weak tenant or an above-market rent. After stamp duty and income tax, a 7.3% gross deal nets closer to 5.3%.

Is pre-leased property a good investment?

It suits an investor who wants income from day one and has ₹1 Cr or more to place. You are trading yield for certainty: a strong tenant on a long lease pays less than a weak one. It suits you badly if you need the money back quickly — commercial resale in Gurgaon takes months, not weeks.

What is the lock-in period in a pre-leased deal?

Three to five years is standard in Gurgaon, inside a lease that usually runs nine years as 5+4 or 3+3+3. During lock-in the tenant owes rent even if they vacate. Check how much lock-in is left, not how much was signed.

How much rent escalation should the lease have?

The market standard is 15% every three years. Confirm the exact escalation date in the deed — buying shortly before one raises your effective yield from the first year.

Can I get a loan to buy a pre-leased property?

Yes, usually through lease rental discounting, which lends against the remaining rentals. Expect about 85% of the net present value of those rentals or 50% to 60% of market value, whichever is lower, at roughly 9% to 12%, with the tenure tied to the lease.

What tax applies to pre-leased rental income?

Rent is taxed under income from house property after a 30% standard deduction. The tenant deducts 10% TDS under section 194-I above ₹6 lakh of annual rent. Commercial rent also carries 18% GST, paid by the tenant under reverse charge when the landlord is not GST-registered.

Which areas of Gurgaon have the most pre-leased stock?

Cyber City and Golf Course Road for Grade A office floors, MG Road for older towers and bank branches, Sohna Road and Sectors 47 to 51 for small suites, and New Gurgaon and Dwarka Expressway for SCO and high-street units.