The economic and technical centre of northern India, Gurugram has emerged as one of the most sought-after sites to purchase commercial property in India. A major financial and business centre in the National Capital Region (NCR), Gurugram hosts over 250 Fortune 500 companies and attracts global investment. Knight Frank and Collier’s projections as of early 2025 show Gurugram’s commercial property market to be worth more than ₹90,000 crore, growing steadily year-on-year at 8-10%.
Gurugram has become important for entrepreneurs, thanks to infrastructure projects including the Dwarka Expressway, the Global City project and the projected Metro extension. Just the Grade-A office absorption in the city was about 6.2 million sq. ft. by 2025, ranking second among Indian metros, after Bengaluru.
Retail assets in several Gurugram micro-markets are earning 8% to 10% yearly, while office premises provide 6% to 8%. This is on top of the national average. Due to its high traffic, outstanding performance, and rising investor interest in SCO (Shop-Cum-Office) plots, pre-leased assets, and other commercial real estate opportunities, Gurugram is now considered a prime location for investment.
We analyse the market’s performance and investment opportunities for 2025, as well as the most potential commercial property in Gurugram, and the factors that are attracting enterprises to this location.
Which are the best commercial investment hotspots in Gurugram?
Cyber City & DLF Cyber Hub
Why Is It a Popular Spot:
Google, Accenture, EY, and others call Cyber City, one of India’s most famous business zones, home. The nearby DLF stages feature high-end residential and hotel projects; the area itself boasts modern infrastructure and convenient metro access (via Rapid Metro).
Major Advantages:
- Excellent workplaces
- Maintainably high rental returns (between 6 and 8%)
- Popular shopping areas like DLF Cyber Hub
Type of Investment: High-end commercial and retail leasing
Golf Course Road & Golf Course Extension Road
Why It’s a Hotspot:
The business, retail, and residential developments along these two roads have made them popular locations for high-end real estate. Investors looking to target top-tier tenants and high-end clients will find this region excellent, thanks to the strong presence of prominent developers like DLF, Emaar, M3M, and IREO.
Major Advantages:
- Reaching rich neighbourhoods
- The existence of skyscrapers housing both retail and office space
- Improvements to roadways and metro systems
Sort of Investment: Premium office space, SCO land, retail display rooms
Sohna Road & Southern Peripheral Road (SPR)
Reasons It’s a Spark:
As alternatives to the more expensive Golf Course Extension, Sohna Road and SPR provide a variety of business properties with good connectivity at a lower cost. These locations have witnessed a dramatic increase in commercial demand due to the proliferation of residential belts and the rise in corporate activities.
Major Advantages:
- Lower starting price in comparison to central Gurugram
- New SPR metro connections coming soon
- Massive uptake in the coworking and micro, small, and medium enterprise (MSME) industries
Type of Investment: Commercial real estate in the middle price range, parks for information technology and related services, and coworking spaces
New Gurugram (Sectors 82–95)
Why It’s a Magnet:
The prime position of New Gurugram, between the Dwarka Motorway and NH-48, has made it a real estate destination in no time. A mixed-use development zone with retail centres, office parks, and an increasing number of professionals is taking shape there.
Major Advantages:
- Closeness to Manesar and Delhi
- Commercial malls, SCOs, and integrated townships
- Rising startup activity and retail foot traffic
- Retail, SCO sites, and logistics and warehousing are the types of investments.
Dwarka Expressway (Northern Peripheral Road)
Why Is It a Popular Spot:
With its long-awaited partial opening in 2025 and full opening anticipated in 2025, the Dwarka Motorway is set to greatly enhance connectivity between Gurugram and Delhi. Building a high-density business and residential zone along this 29-km route is now under progress.
Major Advantages:
- Seeing a quick increase in property values
- Near the Diplomatic Enclave and IGI Airport
- Infrastructure development is the government’s top priority.
Location: SCO plots, Information Technology parks, branded retail, hotel
Udyog Vihar
Why Is It a Popular Spot:
Udyog Vihar is still one of Gurugram’s most important commercial and industrial areas. Around 1200 businesses in the information technology, apparel, logistics, and other sectors call it home. Ideal for logistics investments and small and medium-sized enterprises (SMEs) due its nearness to Delhi via National Highway 48 and very inexpensive real estate.
Major Advantages:
- Developed business network
- Warehouse and manufacturing unit demand is high.
- Very near Cyber City and several tube stops
- Warehouse investments, office leases, and industrial sheds
Yamuna Expressway
Why Is It a Popular Spot:
Although the Yamuna Motorway corridor is not physically located in Gurugram, its strategic linkages and enormous infrastructural developments are making it an integral element of the NCR’s economic future. Notably, real estate and commercial interests are being stoked by the imminent opening of the Noida International Airport near Jewar in 2025–26.
Major Advantages:
- Compared to Gurugram, land costs are 40-60% cheaper.
- Highly advantageous position on the Delhi–Mumbai Industrial Corridor
- Massive warehouse, logistics, and MNC campus development plans
Why are startups and MNCs moving their offices to Gurugram?
1. Distance to Delhi
Strategically located near the national capital, New Delhi, Gurugram is well-connected to other major cities in the NCR, including Noida and Faridabad. This makes it simple for companies to establish themselves there, attracting top talent from all around the region. The Delhi Metro is one of several easy methods to reach there.
2. Growing Startup Network
Investors and business owners wanting to start a company in Gurugram are greatly attracted by its vibrant startup scene. Demand for coworking spaces in Gurugram—which offer inexpensive and flexible office space to small and startup businesses—has risen as a result.
3. Facilities
Gurugram’s well-developed infrastructure includes modern office buildings, high-speed internet, and a range of services including cafés, restaurants, and shopping centres. The city’s many business parks, information technology clusters, and commercial centres offer companies an encouraging environment.
4. Presence of MNCs
Microsoft, Google, and American Express are just a few of the major firms that call Gurugram home. Coworking spaces in Gurugram have become more popular among professionals employed by these organisations who value teamwork.
5. Low-Cost Housing
Gurugram is a great place for coworking spaces since its real estate is cheaper than in other NCR cities like Delhi and Noida.
6. Flexibility
When it comes to office space needs, lease lengths, and payment options, Gurgaon coworking spaces provide flexibility. Businesses may easily adjust their capacity according to their needs, without being confined by long-term obligations.
What is the rental yield for commercial property in Gurugram?
The office and residential environment of NCR, where contemporary India works and lives, has long been dominated by Gurugram, famous as the Millennium City. On the other hand, inexpensive housing and thriving commercial activities have created formidable rivalry in suburban locations such as Manesar, Bhiwadi, and Sohna Road. The key to finding properties with the most appreciation potential for real estate investors in 2024 is to compare rental yields across zones.
Commercial rental returns for office premises in Cyber City and Udyog Vihar are now estimated by the market to be 7-9%, while residential properties on Golf Course Road give yields of 2.5-3.5%. Commercial realty surrounding Manesar’s autonomous IT/ITeS centres can produce yields of 10% or more, while residential projects along Sohna Road can earn 4-5% due to reduced property rates.
Gurugram is undeniably attractive, thanks to its well-developed social and retail infrastructure and well-established connections. Golf Course Road and Cyber City are popular with high-end tenants, whereas Udyog Vihar and Cyber City are popular with corporations. Yields in core locations are constrained by peaked property prices and overburdened infrastructure. Companies are rethinking their realty costs due to congestion difficulties and the growing importance of work-life closeness. Suburbs are finding new ways to flourish and benefit from the demand that comes from this.
What Makes SCO Plots in Gurugram a High-Return Investment Option?
Investors are flocking to shop-cum-office (SCO) plots for their one-of-a-kind combination of retail and commercial property in Gurugram. They are regarded as investment possibilities with good returns for the reasons given below:
Multiple Sources of Income
SCO plots provide investors with the opportunity to generate various sources of revenue through the leasing of retail and office buildings. With two uses in one, the property may bring in more money.
Exceptional Sites
To maximise exposure and foot traffic, SCO plots are typically located in heavily populated locations. Their attractiveness to merchants and office tenants is further enhanced by their proximity to residential neighbourhoods and commercial hubs.
Growth in Value of Assets
Sector 29, Sector 65, and the Dwarka Motorway corridor are some of the most desirable places to invest in Gurugram’s real estate because of the skyrocketing demand for commercial space and the consequent appreciation of SCO plots.
Financial Assistance from the Government
Investment in SCO plots has become more appealing due to the Haryana government’s efforts to encourage mixed-use projects and simplify regulatory processes. In addition to improving the investment climate generally, these measures also promote the development of infrastructure.
How Is the Commercial Real Estate Market Performing in Gurugram This Year?
The commercial real estate sector in Gurugram is booming in 2025 due to a number of important reasons:
Improvements to the Infrastructure
Improvements to road networks, the growth of the Global City, and the extension of metro lines are all ongoing infrastructure initiatives that are making things more accessible and connecting people. The demand for Gurugram commercial properties in the surrounding areas is anticipated to be boosted by these projects.
The Growing Need for Store and Entertainment Spaces
Retail and leisure space demand has skyrocketed due to the rising urban population and disposable income. Investors and customers alike are drawn to developments like Elan Miracle and Elan Paradise, which are revolutionising the retail experience.
Policies that are good for business
An investor-friendly climate has been developed by the Haryana government through its business-friendly policies, such as the Smart City program and changes in land acquisition. Foreign and domestic investors alike have flocked to the commercial real estate market as a result of these measures.
Pros and Cons of Investing in Pre-leased Commercial Property in Gurugram?
The advantages
1. Security for Rental Revenue
Investors may start making money right away with pre-leased homes because they already have a renter. A steady stream of revenue is guaranteed by the 9-year leases with 3- to 5-year lock-in periods.
2. Less Dangerous Profile
Investors save time and effort by not having to find a new tenant because the property is currently in a lease. When investing in a business for the first time, this is quite helpful.
3. Growth in Value of Assets
Investor returns have been further boosted by the constant capital expansion in high-demand regions like Cyber City, Golf Course Extension, and Sohna Road.
4. Simpler Ways to Get Funded
Due to the guaranteed rental revenue, financial institutions like banks and NBFCs are more likely to provide loans for pre-leased properties, with loan-to-value ratios reaching 80%.
Downsides
1. Reduced Opportunity Costs in Highly Visible Places
However, compared to under-construction or unleased assets, pre-leased buildings in premium zones may have lower initial yields, notwithstanding their stability.
2. The Benefits of Rent Increases Are Minimal
In appreciating markets, revenue growth may be limited compared to new lease agreements because to the normal limitation of 5-7% rent increase every 3 years.
3. Restrictions on the Lock-in Period
While the asset is under the lock-in period, you may be unable to sell it without the tenant’s permission or restrictions imposed by the lease.
4. Dependence on Tenant Quality
If the property is not located in a highly sought-after area, it may go empty if the renter moves out or fails to pay rent.
Final Thoughts: Is the Gurugram Commercial Property Market Worth Investing in for 2025?
The commercial real estate industry in Gurugram is one of the most dynamic and promising in all of India as we go through the year 2025. Gurugram has strengthened its attraction to domestic and international investors due to a convergence of favourable circumstances, including world-class infrastructure, a growing business presence, and government backing.
The availability of quality office premises, its closeness to Delhi, and the accessibility by motorways and metro all contribute to Gurugram’s continued popularity as a location for startups and MNCs to set up shop.
Rent returns are still quite good, averaging 6-8% across all asset classes and geographies. The SCO plots are the most profitable because of the long-term profits, capital appreciation, and flexibility in using the land for two different purposes.
New investment corridors are taking shape in the city as a result of major projects like the Global City Project, Imperia Structures Ltd, and the proliferation of commercial centres in SPR and New Gurugram. The high-footfall retail sectors, such as MG Road and Golf Course Road, continue to provide great returns due to sustained tenant demand, while pre-leased commercial property in Gurugram offer low-risk possibilities for cautious investors.
