Sector 21 is a semi-urban locality in Gurgaon in the state of Haryana. The area is well-known for its robust social infrastructure, varied entertainment options, and ease of access. Sector 21 enjoys seamless connectivity to other parts of Gurgaon and Delhi via a number of major highways, including MG Road, NH 48, and the Delhi-Gurgaon Expressway. Sikanderpur, the nearest metro station facilitates transportation to other parts of the city. Sector 21 offers a range of commercial property options including office and retail spaces.
The increase in demand for office spaces at Gurgaon Sector 21 has been consistent. This is due to its strategic location and excellent transportation network. It is now a common trend for firms that want to set up offices in contemporary business centers with good access routes, such as Sector 21. The region’s strong infrastructure and its proximity to key transport networks in addition to reasonable rents encourage local and global enterprises.
According to recent data, out of a total stock of 3,988,355 square feet of office spaces, 258,807 square feet were leased in the last 12 months. The average chargeable rental is Rs. 89.4 psf.
What Makes Sector 21 Gurgaon a Thriving Commercial Hub?
Sector 21 Gurgaon is rapidly transforming into a commercial hub. There is a lot of opportunity for developers, companies, and the city’s economy as a whole with this increase in corporate presence. Developers are proactively responding to the demands of today’s businesses. They are creating business environments that boost creativity and propel corporate success. Let us examine the factors that have led to the rise of Gurgaon Sector 21 as a commercial hub.
Excellent Location and Connectivity
Sector 21 in Gurgaon enjoys a prime location in the northern part of the city, surrounded by Salapur Khera Village, Sector 22-A, Sector 19, Sector 20, and Udyog Vihar III. This area offers excellent connectivity through Dundahera Road, Kapashera-Samalkha Road, and Old Gurgaon-Delhi Road, ensuring smooth access to various parts of the city. The locality lies close to the Delhi-Gurgaon Expressway, ensuring easy access to major commercial and residential areas.
The Gurgaon Railway Station is about 9 km away, while the Indira Gandhi International Airport is approximately 12 km via the Delhi-Gurgaon Expressway. Additionally, the Moulsari Avenue Rapid Metro Station is just 4 km to the east, enhancing public transport accessibility. Public transportation, including a well-developed bus network, enhances connectivity for commuters.
Infrastructure and Developments
Sector 21’s infrastructure is built to support the needs of modern businesses. The region features modern amenities and well-designed corporate complexes and office spaces. Their goal is to create an environment that encourages a diverse business ecosystem.
The area’s potential as a thriving business hub is high by the presence of major corporate entities and multinational companies. At the same time, significant investments are being made in infrastructure projects that are opening doors to more investments into Sector 21 and leading to its overall improvement.
The notable increase in commercial construction in Sector 21 can be attributed to the surge in demand for office premises. Its competitive rental prices and close proximity to key employment hubs like DLF Cyber City and Udyog Vihar make it a desirable location for businesses. Let us look at the most expensive buildings in Gurgaon Sector 21.
| Buildings | Average Rental (Chargeable) INR/sf |
| Unitech Infospace (Candor Techspace) | 90 |
| Suncity Trade Tower | 77 |
High Rental Yields
Investors find Sector 21 appealing due to its high rental yields. Businesses want prime office spots boosting demand for commercial spaces. This sector boasts competitive rental rates promising big returns on investment. Ongoing upgrades to infrastructure and planned perks fuel the expected rise in rental yields. As a result, Sector 21 stands out as a golden opportunity for those eyeing commercial real estate ventures. The area’s growth potential has caught the eye of savvy investors looking to cash in on the booming market.
Let us look at the top 5 tenants who have rented office space in Gurgaon Sector 21.
| Tenants | Average Rental (Chargeable) INR/sf |
| Bank of America | 106 |
| RBS | 91 |
| Accenture | 88 |
| Amdocs Development Center India | 84 |
| Legato Health Technologies (Carelon Global Solutions) | 75 |
Gurgaon Sector 21 has become a commercial hot spot with excellent investment potential. Its location, connectivity, infrastructure, and rental returns make it a good option for businesses and investors. As development happens and connectivity increases Sector 21 will be a major player in NCR commercial realty.
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