Commercial Real Estate · Gurugram
Chosen the Way Investors Actually Buy
Most websites hand you a list. We start with a different question — what are you actually trying to do? Build rental income, park capital before a Dubai exit, set up a flagship office, or position for a 5-year flip on Dwarka Expressway. Each answer points to a very different deal.
Showing 7 of 7 properties
Sector-63, Golf Course Extn. Road
Sector-61, Golf Course Extn. Road
Sector-54, Golf Course Road
DlF Phase-5, Golf Course Road
Sector-54, Golf Course Road
Sector-54,Golf Course Road
Sector-43, Golf Course Road
The Gurgaon Commercial Market in 2026
For most of the last decade, Gurgaon's commercial market was a story about Cyber City and Golf Course Road. That story is still true — Cyber City Grade-A asking rents have moved from roughly ₹140 to ₹155 per square foot per month after the Google managed-office deal, and CBRE pegged Grade-A vacancy at around 14% pre-deal before that single transaction shaved nearly 90 basis points off the number. But it is no longer the whole story.
Three things have changed in 2025–26. SCO plots have moved from a niche format to the default investor product on Golf Course Extension Road and Dwarka Expressway, with rental yields sitting in the 6–10% range against 2–3% on residential. Pre-leased assets — retail and office units already tenanted to a bank, MNC or branded retailer — have emerged as the closest thing this market has to a “real estate bond.” And the new infrastructure thesis around Dwarka Expressway, SPR and the metro extensions has compressed the gap between “established” and “emerging” corridors faster than the broker community expected.
What follows is how we read the market — by asset class, by corridor, and by what each instrument is actually good for.
At a Glance
Gurgaon's prime commercial corridors deliver rental yields of 6–10% — roughly three times what residential offers in the same micro-markets. SCO plots on Golf Course Extension Road and Dwarka Expressway lead capital appreciation; Cyber City and Golf Course Road lead on tenant credit quality and exit liquidity; pre-leased units offer day-one rental income with 5–9 year lock-ins. Entry tickets begin near ₹1.7 Cr (small-format SCO, secondary market) and scale to ₹50 Cr+ for institutional Grade-A floor plates.
Asset Classes
These are not interchangeable. The right answer depends on whether you want capital appreciation, day-one cash flow, operational use, or a position you can hand to a REIT or institutional buyer in five years.
Shop-Cum-Office
Freehold land parcels in approved commercial zones — typically Basement + Ground + 4 floors. You own the land and design the building. Strong appreciation runway, but you carry construction and tenanting risk until stabilisation.
6–10%
Yield post-stabilisation
₹1.7–6 Cr
Typical entry ticket
Income from Day One
Built and already tenanted to a bank, MNC, retail brand or BFSI occupier on a 5–9 year lock-in. The closest thing in Indian commercial real estate to a fixed-income instrument with capital upside.
5.5–8%
Yield from day one
₹2.5 Cr+
Typical entry ticket
Institutional Grade
Cyber City, DLF Downtown, Worldmark, One Horizon Center and similar towers. LEED-certified, large floor plates, MNC tenancy. Lowest vacancy risk in NCR, smoothest rental escalations, easiest institutional exit.
7–8%
Stabilised yield
₹6–50 Cr+
Per floor plate
High-Street Retail
Ground-floor retail in projects like M3M Broadway, AIPL Joy Street, Elan The Mark and integrated mixed-use developments. Footfall-driven; ground floor typically appreciates faster than upper floors of the same building.
6–9%
Stabilised yield
₹1.5–8 Cr
Typical entry ticket
Browse current pre-leased commercial property in Gurgaon with tenant, lock-in and yield details for each asset.
Corridor by Corridor
Gurgaon is not one market. The corridor you pick determines tenant profile, rent cycle, capital appreciation curve and, critically, who you can sell to in year five. A summary of how we read each one in 2026:
| Corridor | Best For | Yield | Profile |
|---|---|---|---|
Cyber City & DLF Downtown Sectors 24, 25, 25A | MNC headquarters, Fortune 500 occupiers, lowest vacancy risk in NCR | 7–8% | Established. ₹140–₹155/sqft/month asking. LEED-certified Grade-A. Highest exit liquidity. |
Golf Course Road Sectors 42–54 | Boutique offices, premium retail, BFSI and consulting tenants | 7–8% | Established. ₹110–₹200/sqft/month. Rapid Metro spine. Worldmark, One Horizon Center. |
Golf Course Extension Road Sectors 58–67 | SCO plots, premium retail, Grade-A offices in catchment of luxury residential | 8–9% | Premium emerging. ₹18,000–₹28,000/sqft capital values for offices. EBD 65, M3M, DLF SCO clusters. |
Dwarka Expressway Sectors 88–114 | SCO plots, high-street retail, early-cycle capital appreciation play | 9–10% | Emerging hotspot. SCO plot rates ₹1.99–₹4.5 lakh/sq yd. Strong residential catchment build-up. |
SPR & New Gurgaon Sectors 70–86 | Mixed-use, IT/ITES offices, balanced risk-reward | 8–10% | Building out. ₹15,000–₹22,000/sqft. EBD 75A, M3M Broadway, Elan Miracle. |
MG Road & Sohna Road Sectors 28, 32, 67 | Established retail, value-buy office space, stable cash flow | 6–8% | Mature. Lower entry, slower appreciation. Strong for first-time commercial buyers. |
Yield ranges and rental rates are advisory benchmarks based on Q1–Q2 2026 market activity. Project-level numbers will vary.
How We Match Buyer to Asset
How We Work
No rush, no last-minute pressure. We sit on the same side of the table as the buyer, not the developer.
01
One conversation about what you're trying to do — yield, appreciation, end-use, time horizon, exit plan, any tax or FEMA constraints.
02
3–5 deals matched to the brief, with comparable transactions, rental benchmarks, and a clear-eyed view of what each one is and isn't.
03
RERA verification, title chain, encumbrance, builder track record, lease document review for pre-leased assets. We do not skip steps.
04
Negotiation, paperwork, registration, handover. For NRI clients, we coordinate banking, repatriation paperwork and ongoing asset management.
NRI Investors
Our Dubai office handles a meaningful share of the NRI book. Commercial real estate in India is one of the few asset classes where NRIs and OCIs can buy freely under FEMA — and rental income is fully repatriable up to USD 1 million per financial year through the NRO route, with a clean 15CA/15CB filing trail.
The complication is rarely the regulation. It's coordinating execution across time zones — site visits, document signings, banking, ongoing tenant management. That's the part we run for you.
Read the full NRI investor guideFEMA
Commercial property fully permitted; no RBI approval required for NRIs/OCIs.
Repatriation
Up to USD 1M / financial year of rental and sale proceeds via NRO.
TDS
20.8% on long-term capital gains; lower rates available with Form 13 application.
Power of Attorney
Apostilled and registered POA lets us close the deal end-to-end on your behalf.
Banking
NRE, NRO and FCNR account structuring is part of the engagement.
2005
Established
RERA Registered
RC/HARERA/GGM/1940/1535/2022/308
Gurgaon & Dubai
Two office locations
DLF · Godrej · M3M · Emaar
Channel partnerships
Investor Questions, Answered Honestly
An SCO (Shop-Cum-Office) plot is freehold land where you construct your own building and lease floors out over time — higher upside, but you carry construction and tenant risk. A pre-leased property is already built and rented to a tenant, so rental income starts from day one.
SCO plots in Gurgaon currently yield 6–10% post-stabilisation; pre-leased assets typically deliver 5.5–8% from day one with lower volatility. Most well-built portfolios hold both — SCO for appreciation, pre-leased for cash flow.
Dwarka Expressway and Golf Course Extension Road offer the strongest projected yields, in the 8–10% range, driven by new Grade-A supply, residential catchment build-up and metro proposals. Golf Course Road and Cyber City sit at 7–8% but with the lowest vacancy and tenant credit risk in NCR. SPR and New Gurgaon are early-cycle plays with 8–10% projected yields and stronger capital appreciation runway.
Picking the corridor is not really about who has the highest number — it's about matching the corridor's risk profile to your holding period.
Entry tickets in 2026 vary widely. Smaller SCO plots in Dwarka Expressway start near ₹1.7–2 Cr in the secondary market. New launches on Golf Course Extension and SPR typically start at ₹3 Cr+. Pre-leased retail shops in established projects begin near ₹2.5 Cr. Grade-A office floor plates in Cyber City and Golf Course Road typically start at ₹6–8 Cr per unit.
We help investors match ticket size to yield, lock-in and exit profile rather than buying the cheapest available unit — the cheapest unit is rarely the best risk-adjusted deal.
Yes. Under FEMA and RBI rules, NRIs and OCIs can buy commercial property in India without prior approval, except for agricultural land, plantation property and farmhouses. Rental income is fully repatriable up to USD 1 million per financial year through the NRO route, subject to TDS and a Form 15CA/CB filing by a chartered accountant.
We structure transactions for NRIs in the UAE, UK, US, Canada and Singapore, including end-to-end documentation, banking and Power of Attorney coordination.
Realistic, post-cost yields in Gurgaon as of 2026:
Grade-A offices in Cyber City and Golf Course Road — 7–8%. SCO plots after construction and stabilisation — 6–10%. Pre-leased retail and offices with branded tenants — 5.5–8% from day one. High-street retail in established markets — 6–9%.
Projects advertising 11–24% "assured returns" should be examined carefully — these are usually pre-possession marketing instruments funded by the developer, not stabilised post-handover yields.
Different instruments for different investors. SCO plots give you freehold land ownership and significantly higher capital appreciation potential, but you handle construction and tenanting. Grade-A offices in Cyber City or Golf Course Road give you institutional-quality tenants on long lock-ins and zero construction risk, with smoother yields.
A balanced HNI portfolio in Gurgaon typically holds both — an SCO for appreciation, a pre-leased office or retail unit for cash flow.
For primary market transactions (new launches), our brokerage is paid by the developer — so our advisory is free for the buyer. For secondary market and pre-leased deals, brokerage is typically split between buyer and seller as per market norms, and we disclose this upfront before the engagement begins.
We do not work on developer "exclusive" arrangements that compromise our ability to recommend a competitor's project. If a different developer's deal is the right one for you, we will tell you.
For SCO plots and offices: RERA registration verification, title chain (typically 30 years), encumbrance certificate, occupation certificate where applicable, builder financial track record, and project completion timelines against original RERA commitments.
For pre-leased assets: everything above plus the actual lease deed review — lock-in period, escalation clauses, security deposit, exit terms, tenant balance sheet quality, and registered/notarised status of the lease.
This is where most informal "broker" engagements fall short. We do not.
Start the Conversation
One call. We'll either match you to 3–5 deals worth your time, or tell you that the right move is to wait six months. No pressure, no list of 40 properties to wade through.
Reviewed by Unisel Realty Advisory Team
RERA Registered Advisory · Established 2005 · Gurugram & Dubai · Last updated May 2026