Workspace1 May 2025 · Udit Chauhan · 6 min read
Workspace

TL;DR
Pick the corridor first, then the model, then the building. Cushman & Wakefield's Q3 2026 Grade A asking rents run from ₹68 per sq ft in the secondary corridors to ₹150 in Cyber City, before CAM, GST and fit-out; AIHP's managed offices run ₹6,500 to ₹15,000 per seat a month all in, with zero CapEx and typically about 60 days from design sign-off to move-in.
Renting an office in Gurgaon comes down to three decisions, in this order: which corridor, which model, and which building. Teams that start with the building usually end up touring floors that were never going to fit.
This guide is written for teams of 20 seats and up. It covers what the main corridors cost, how a conventional lease compares with a managed office, how long each takes, and the documents to see before you sign.
Work out headcount first, then the peak number of people in the office on your busiest day. Hybrid teams rarely fill every desk, but Tuesday to Thursday can run well above the weekly average.
Two working ratios help turn seats into space. Roughly 3,500 sq ft holds about 50 seats. For meeting rooms, plan on about one room per 12 to 15 people for a hybrid team, since people now come in mainly to meet. The older guidance of one per 20 leaves most teams short.
Then ask where you will be in two years. If the answer is double, find out now where those extra people would physically sit.
Two kinds of price get quoted in Gurgaon. Conventional leases are priced per sq ft per month, before CAM, GST and fit-out. Managed offices are priced per seat per month, all in. The figures below use Cushman & Wakefield's Q3 2026 Grade A average asking rents for the first, and AIHP's 26 October 2026 inventory for the second.

The most expensive corridor in the city, at ₹150 per sq ft a month. AIHP has no buildings here. For a managed reference point, the Economic Times reported ₹20,000 a seat for a 1,000-seat managed centre in Cyber City in 2024.
₹137 per sq ft, with Rapid Metro stations along the road. AIHP arranges floors here from 20 seats as they become available, priced on inquiry.
₹131 per sq ft. MGF Megacity, a 5-minute walk from Sikanderpur metro, is ₹9,500 per seat a month.
Cushman & Wakefield does not split Udyog Vihar out. It sits in the Gurugram Others group, where Grade A asking rents averaged ₹68 per sq ft. AIHP has 11 buildings here, from ₹6,500 per seat at AIHP Signature, AIHP 507-508 and AIHP 867 up to ₹10,000 to ₹15,000 at AIHP Milestone. IGI Terminal 3 is about 20 minutes away.
No Cushman & Wakefield figure. Knight Frank places it in its Gurugram Zone B, where rental values ranged ₹85 to ₹140 per sq ft a month in H1 2026. AIHP's 10 buildings run ₹6,500 per seat at SCO 31 and SCO 34 up to ₹12,500 at AIHP Imperial, with an AIHP shuttle to Millennium City Centre metro.
Also in the ₹68 Gurugram Others group, and there is no metro station on the road. AIHP Central is ₹9,999 per seat and Eros City Square ₹6,500. Silverton Tower has a bare-space floor at ₹65 per sq ft plus ₹22 CAM.
Sohna Road is in the same ₹68 group. Building-level figures can sit well above that: Brookfield India REIT's March 2026 valuation puts achievable rent at Candor TechSpace G1 on Sohna Road at ₹88 to ₹92 per sq ft. On NH-48, Orient Bestech Business Tower in Sector 34 has a bare-space floor at ₹60 per sq ft plus ₹19 CAM. Spaze ITech Park, where AIHP manages floors on Sohna Road, is fully leased right now.
The pattern to take away: a corridor average hides a wide spread. In Udyog Vihar alone, the gap between AIHP's cheapest and dearest seat is worth roughly ₹51 lakh a year for a 50-seat team. Always ask for the rate on the floor you would occupy.
The headline rent is only the first line. CAM comes on top, typically ₹15 to ₹40 per sq ft a month, and GST on top of that. Colliers notes that landlords typically make no contribution to fit-out, which it puts at ₹3,500 to ₹5,000 per sq ft for a Class A office in Delhi, furniture included.
On a 3,500 sq ft floor of about 50 seats, that is ₹1.23 to ₹1.75 crore in fit-out before anyone moves in. Then power backup, housekeeping, AC maintenance and facilities each need their own contract and their own renewal date.
A managed office turns all of that into one monthly fee per seat. Done properly, the fee covers eight things: fit-out, furniture, an on-site butler, daily housekeeping, AC and lighting under a running warranty, electricity, internet and facilities management. AIHP's range is ₹6,500 to ₹15,000 per seat a month across its portfolio, with zero CapEx. GST at 18% applies on top of any quote.
The trade-off is control. With a conventional lease you build exactly what you want and own the problem when it breaks. With a managed office the operator funds the fit-out and answers for it. Check that customisation is not quietly billed back as your CapEx.

A conventional fit-out often runs 16 to 20 weeks once the drawings are agreed, and that clock starts after the lease is negotiated.
At AIHP, a managed floor typically takes about 60 days from design sign-off to move-in. Some buildings are ready now: AIHP 507-508 in Udyog Vihar and SCO 29B, SCO 31 and SCO 34 in Sector 32. Build-to-suit at AIHP Central takes 90 to 120 days.
Whichever route you pick, the order is the same:
Most bad office decisions in Gurgaon are a good corridor and an unchecked assumption. Each item below is a short question. Get the answer in writing.
Underestimating growth is the expensive one. Relocating mid-lease means a new fit-out, a new address on every vendor contract and weeks of disruption. Negotiate a right of first refusal on adjacent space, or pick an operator with room in the same building or corridor.
Comparing headline numbers is the other. A conventional quote that looks cheaper per sq ft can cost more once CAM, GST and fit-out are added back. A managed quote that looks cheaper can exclude electricity. Put both on the same all-in monthly basis before deciding.

To see which AIHP floors fit your seat count and corridor, write to leasing@aihp.in or start on the contact page.
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