Gurgaon Sector 39 has witnessed significant transformation over the past few years. It is now a top commercial area with both businesses and investors setting their eyes on it. It provides businesses with a good platform for growth as it is well-located and has strong support systems including transportation. Also, owing to its accessibility to prime commercial districts plus this provision of strong transportation links, the neighborhood is suitable for office spaces and commercial establishments.
Due to its strategic location, excellent connectivity via NH-48 and SPR, and proximity to the HUDA City Centre metro station, businesses seek office spaces located at Gurgaon Sector 39. They are convenient and easily accessible and their growth potential within a lively commercial area makes them more desirable.
According to recent data, tenants leased out 231,926 square feet of the total office space stock of 1,561,000 square feet. Additionally, 5,910 square feet of office space was sold during the same period. The average chargeable rental is Rs. 81.4 psf.
What Makes Gurgaon Sector 39 a Thriving Commercial Hub?
Gurgaon Sector 39 has established itself as a thriving commercial hub, attracting a wide range of businesses. From multinational companies to start-ups and SMEs, this vibrant neighborhood caters to various business needs. Let’s examine the factors that have contributed to Gurgaon Sector 39’s rise to prominence as a business hub.
Excellent Location and Connectivity
Gurgaon’s Sector 39 is a convenient location as it pertains to the primary routes and roads. This locality connects easily with the Delhi-Gurgaon Expressway (NH-48) and Golf Course Extension Road. Moreover, it is near to HUDA City Centre metro station which connects it to other localities across Delhi NCR. Thus, it is easier for professionals to commute to and from this neighborhood. Furthermore, Indira Gandhi International Airport can be accessed in a short span, thereby easing transportation for those undertaking business travels.
Infrastructure and Development
The infrastructure in Sector 39 is well-developed, with modern office buildings, commercial complexes, and a range of amenities. The presence of reputed schools, hospitals, shopping centers, and recreational facilities in the vicinity adds to the convenience for businesses and their employees. Employment hubs like Sohna Road, NH-48, Honda Chowk, Sector 32 Institutional Area, Golf Course Road, and Golf Course Extension Road are accessible within 20 minutes. Continuous development and upgrades in infrastructure ensure that the area remains attractive for commercial investments.
The region comprises office complexes that are meant to cater to various business requirements to improve productivity and operation efficiencies. Usually found in these buildings are luxurious benefits that ensure there is an appropriate setting for doing business as well as expanding it. One of the most expensive buildings in Gurgaon Sector 39 is the Unitech Cyber Park with an average chargeable rental of Rs. 81 psf. In a recent transaction, an office space was sold at Unitech Cyber Park – Tower D for Rs. 8,500 psf.
High Rental Yields
Gurgaon Sector 39, with high rental yield potential, is one of the main reasons why one should invest in commercial properties there. The area’s offices are always in demand because it is strategically located and has good infrastructure. Moreover, these well-equipped office spaces result in attractive rental returns for property owners. The strong economic growth and the presence of multinational corporations further contribute to the high rental yields in this commercial hub.
In a recent transaction, Nihon Parkerizing India purchased an office space of 7,690 square feet for Rs. 78 psf. Let us look at the top 5 tenants renting office spaces in Gurgaon Sector 39.
| Tenants | Average Rental (Chargeable) INR/sf |
| Keysight Technologies India | 84 |
| Dotpe | 80 |
| Studyiq Education | 79 |
| Awfis | 79 |
| HDFC | 69 |
Recommended Properties
Gurgaon’s booming business district Sector 39 offers top-notch office and retail space. Investors searching for sought-after business locations frequently choose these vibrant commercial areas. One of the best projects in Gurgaon Sector 39 that offers office spaces for leasing is the Unitech Cyber Park.
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