Gurgaon
Information about Gurgaon city and places around Gurgaon India and NCR.

Manesar is emerging as a prime location of Gurgaon with lots of upcoming commercial and residential projects. Already many commercial projects have taken place in that area and many are on their way. With the rapid real estate development it seems that Manesar is going to be a commercial hub very soon. Strategically, Manesar is located on the main Jaipur – Delhi highway and well connected to Delhi. Earlier Manesar was a small village but now many renowned Companies like Honda scooters and motorcycles, HCL, Bharti, Ranbaxy, ABN, Agilent Technologies, Birla Corporation, Cairn India, Canon, Federal Bank, Samsung, Mitsubishi, Maruti, Toyota, Videocon and Baxter have developed their infrastructure in Manesar. Other known companies like Wipro, TCS, IBM, BPOs and other IT companies are going to set up their operations in Manesar very soon. Parallel development is also taking up on residential front as large numbers of big builders are coming up with huge projects in the city.

Manesar is considered as a good choice for people who are looking for office space on rent, especially on a budgeted scale. The area offers good choice of both premium and budgeted options of office space. Manesar is considered as a perfect place for investors due to the rapid development of the commercial and residential sector. Good connectivity to Gurgaon is another advantage. With the Kundli – Manesar- palwal expressway connecting to Manesar, many renowned developers are coming up with a number of budget and premium commercial projects in this sector. Mentioned below are some options of office space for rent in Manesar, Gurgaon.

Office Space for Rent in Manesar Gurgaon

1. Eros Corporate Park: Eros Group is renowned for its achievements in real estate development. Eros Corporate Park is one of the well known commercial projects of this Group which is located in Manesar. Strategically it is located on the National Highway 8 at IMT (Industrial Manesar Township). This commercial complex is well connected from Delhi by National Highway 8. It is spread on approx. 45000 sq. mt. of land and include3 level basement. The complex provides all modern amenities and good place to take office space on rent. The approx. rent of office space in Eros Corporate Park is Rs. 50 per sq.ft

2. Raheja Square Commercial Complex: Raheja Square Commercial Complex is a renowned commercial project by Raheja developers. This complex is spread on thee 5000 acres of land and offers all modern amenities. This complex is already catering office space to various banks like HDFC, ICICI and other shops. The approx. rent of office space in raheja Square Commercial Complex is Rs 39 per sq.ft.

Lots of development plan is still on paper and needs to be implemented so that proper shape can be given to Manesar. Manesar is still in its nascent stage and lot of development is on the cards. HUDA has great plans to develop Manesar as an industrial hub. However, since the industrial town is still on the path of development, rental and capital value of property in Manesar has yet not reached their peak. Also basic amenities such as road, power, water, and drainage are burning issues of that area.

Manesar is expected to improve on connectivity and infrastructure in the coming 5 years. Road projects will be completed by 2013. Though infrastructure development in Manesar is still underway, it is a good investment option for both commercial and residential property in Gurgaon.

Office space in Manesar is in demand due to economical rental values. It’s a good option for small businesses that have operations around Manesar. The huge residential complexes coming up in that area is another reason for taking office space on rent in Manesar.