Commercial office space in Gurgaon on Lease / Rent
Mr Rikhye, Gurgaon Real Estate Blogger
Besides Fast growing demand of Commercial office space in Gurgaon , there is a surprising phenomena that the rental / leasing rates are showing a downward trend.
After having done the in-depth study it is understood that during the peak period of real estate in Gurgaon , the builders & developers took the advantage of market pulse and rushed out with various commercial projects , which ,at that booming period got the unconditional support of the investors where the brokers worked as catalyst
As on April 2010 the commercial buildings in Gurgaon on prime locations of the city are giving a deserted look and a prospective Lessee / Tenant has ample of scope of negotiation on the quoted price.
It is felt by the real estate expert that if the trend of unplanned growth continues ,then lot of commercial properties would meet the same fate as a consequence , as presently many Buildings on Sohna Road, M.G.Road.& Golf course Road are giving a “Vacant Look”.
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