Best Locations in Gurgaon to Buy Commercial Property

Published: October 9, 2009
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Gurgaon is a major industrial hub that caters to all sections from IT, ITES, BPO, auto manufacturing, hospitality and more recently the medicine field for their commercial property requirements. Not only does it offer a well planned infrastructure, but also globally comparable business houses like IT parks and Business Centers. Commercial centers like Udyog Vihar, IMT Manesar, InfoCity, Pace City etc have only added up to the value of Gurgaon as a commercial hub.

In addition to the corporate centers, offices, IT parks, the recent addition of shopping malls have opened new avenues in the retail space segment. Metropolitan Mall, Mega Mall, DLF City Centre, Ambi Mall, Omaxe wedding Mall etc are only to name a few, that have made the retail market a hotcake in Gurgaon.

A dearth of commercial properties in Delhi, has also burdened the NCR region commercial segment. Though, the supply has been enough till now, the demand is growing at a faster pace. The demand for commercial property is ever rising in the city and day by day and it is becoming the first choice among corporate houses and firms. To cope up with this burgeoning demand for commercial space, many developers have started new projects in the city.

iValley at Manesar, Cyber Park at Sector 67, Element 9 at Manesar etc., are just to name a few of the new commercial projects in the city.

Though, the city in itself  is a promising option for investment properties, the presence of sundry industries and multi national companies have also augmented the property rates. The search for a place, that is appropriate for your kind of business, in a good locality with good infrastructure but still easy on the pocket, is not really an easy task. A thorough market research is mandatory. A good way is to move out of the most popular commercial areas and look for newer avenues. For example, Golf Course is known to be the hub of corporate offices. It is very popular and equally costly. Though, it obviously is always the best place to have an office, with buildings like Vatika Tower, Global Flyover, Vipul tech etc. But, at the same time, it’s quite costly. So, if you are planning to have an office and are ready to get out of the charm of the posh localities, you can find some good economical options e.g., Udyog Vihar Phase-VI or Pace City-II etc.

Let’s have a look at the rates of a few localities in Gurgaon, which are appropriate for  affordable office space and retail space (shops):

Affordable Office Space Areas in Gurgaon
Area Average Price Per Sqft (INR) Average Rent Per Sqft (INR)
Pace City-II 3952 16
Udyog Vihar Phase-VI 4553 43
Udyog Vihar Phase-II 5159 44
IMT Manesar 5908 15
Sohna Road 6004 76

Source: Gurgaon Commercial Properties’ Data on Zamanzar.com as on 11th September 2009. For latest rates, visit our Gurgaon Commercial Property Prices Page

Affordable Retail Space(Shops) Areas in Gurgaon
Area Average Price Per Sqft (INR) Average Rent Per Sqft (INR)
Manesar 9988 60
Sohna Road 10548 85
Sector-57 10858 85
South City II 11672 65
Palam Vihar 12621 84

Source: Gurgaon Commercial Properties’ Data on Zamanzar.com as on 11th September 2009. For latest rates, visit our Gurgaon Commercial Property Prices Page

Gurgaon’s Economical Commercial Properties

The purchase of properties has increased in Gurgaon and will continue to increase. The market is getting stabilized after the downfall of the realty sector. It is high time to invest in Gurgaon properties and expect a good return.


Posted under categories: Buying Property, Indian Real Estate, Property Rates
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About Zamanzar

Zamanzar Advisory Pvt. Ltd. is a real estate advisory firm located in New Delhi, India. We offer online property search tools and offline services to help complete the transaction. Our services cater to real estate buyers, renters, and sellers. Visit Zamanzar to find out more!

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