Commercial Office Space in Gurgaon
1.Are you relocating your office?
2.Setting up new business operations?
3.Shopping for commercial office with lower
4.Moving in from a smaller space to a larger?
Gurgaon has a lot to offer, it is the national
capital region of New Delhi, and has always been a preferred destination to overseas and domestic
corporations for renting office spaces, and a very lucrative investment destination for commercial
property investors. It is a corporate hub of many multinational and domestic companies from India and
across the globe. The access and approach to Gurgaon has now become better with the metro
connecting New Delhi and Noida to Gurgaon.
The commercial space developers
Dlf, Unitech, Vipul, JMD, Orchid Infrastructure etc, are some of the major real estate developers of
commercial property in Gurgaon. However, Dlf is the undisputed leader for commercial office spaces,
which catered to larger floor plate demands. Dlf has a large stock of commercial property like business,
Information technology and Cyber parks. Some of the other prominent developers also have come up
with world class commercial office and business parks at different locations, there is now a wider choice
for small office spaces for new start up companies.
The Global melt down, commercial property price correction.
Commercial property at Gurgaon witnessed a price correction during the global melt down, the
demands for commercial offices sales and rentals had dried up. Many large commercial space occupiers
were forced to cut down their costs, through job cuts and relocating to smaller office spaces with
cheaper rentals, especially when their businesses were getting sluggish. This price correction brought in
a change, and created a demand for smaller office segment.
Positive signs of improvement, but still far from recovery
Commercial Office Space in Gurgaon demands are now showing positive signs of improvement,
especially when large and small companies have started to hire and have created job opportunities once
again. Some new commercial developments by Dlf, Orchid Infrastructure, Emaar MGF, Vatika, Dhoot
Developers have hit the market with their new developments, this has reversed the demand and supply
balance, where the supply of commercial property has out run the demand creating large vacancies, this
opens up the commercial property markets for space occupiers and investors with a wider choice, lower
rentals tariffs, better floor efficiency, world class infrastructure and excellent business addresses.
Lower rental tariffs.
Commercial property rental tariffs are at its rock bottom never as before, the developers and private
investors are more than willing to lease out their property rather to wait and leave it vacant for long
period of time. Some of the properties available are in a furnished and ready to move in space, which
had been vacated by large and medium space occupiers. Options for commercial office at MG and Golf
Course Road, Dlf Cyber Green, South City, Sector 44, Sector 32, Sohna Road, IMT Manesar, National High
Way - 8 and Udyog Vihar are full of options to choose from, they offer value for money now to tenant.