Office Space in Gurgaon – Attractive Hot Spot in the Global Business Directory



Posted: Thursday, October 05, 2006

by Ethane Shields
http://www.realtymantra.com

Introduction

The last few four to five years have made Indian real estate in the commercial sector noticeably buoyant. The rising demand in huge office spaces, special economic zones (SEZs), cyber parks, and so on have certainly positioned India in the global foreign direct investment market. Let's take the classic case of Gurgaon, one of the most coveted hot spots in commercial real estate investment in India; the vast land of opportunities (literally) of Office Space in Gurgaon!

Gurgaon-the BPO capital of North India - The top notch multinationals, leading business houses, the corporate biggies, and industrial houses have all made a one-stop destination to Gurgaon. The wide open vast expanses of land still waiting to be tapped have been a key driver in setting up office space in Gurgaon.

To name a few prestigious names amongst the leading Corporates and Fortune 500 companies occupying huge office spaces in Gurgaon are GENPACT (formerly known as GE Capital International Services or GECIS), Coca Cola, Pepsi, IBM, Microsoft, Dupont, Mariott International, Genesys Telecommunications, Watson Wyatt, Intellirisk Management and Communications, HP, Agilent Technologies, Nokia, TCS, Gillette, Flextronics (formerly known as Hughes Software), Ranbaxy, and so on. Gurgaon is the place when it comes to leasing office space for rent, commercial real estate boom, renting space mall, etc.

What makes the office space in Gurgaon so attractive a destination for MNCs?

  • It provides a healthy and open environment in terms of leasing huge office space in Gurgaon at a very competitive price.
  • The Commercial Gurgaon office environment is hi-tech friendly.
  • Gurgaon is only about 15 kilometers from International Airport.
  • A few big realtors like DLF, Unitech, Vatika, and Vipul have changed the skyline of Gurgaon. The coming up of world class business centers and fully-furnished office spaces have attracted the MNCs in a big way to this cyber city in terms of setting up their office without any hassles, at all!
  • Apart from this, Gurgaon has attractive shopping malls and apartments to offer.
  • Gurgaon-the upcoming attractions -

  • Arrival of Metro Rail to have better means of conveyance.
  • 8-lane Expressway (already operational partially) in progress
  • Haryana Urban Development Authority (HUDA) to invest big money in infrastructure (road and transport, etc.) and entertainment
  • Upcoming Medicity would make an important global destination for healthcare industry

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