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12 May 2025
From rising corridors to legacy districts, Gurugram’s commercial hotspots are defining how and where India will work, invest, and grow in 2025.
Gurugram's Commercial Evolution: From IT Powerhouse to Investor’s Choice
Gurugram is not just keeping pace with India’s commercial real estate growth—it’s setting the benchmark. With its strategic proximity to the capital, thriving corporate base, and globally benchmarked infrastructure, the city has become a powerful magnet for both global investors and Indian enterprises. In Q1 2025, retail leasing volumes in Delhi NCR touched 0.41 million sq ft as Gurugram alone claimed a staggering 52% of that share (Cushman & Wakefield Delhi NCR MarketBeat report)
As flexible work models gain ground, nearly 40% of commercial real estate absorption in metros like Gurugram is expected to stem from coworking and managed office spaces this year, as noted by Hashville. Combined with CBRE’s forecast of a 5–10% annual rise in commercial transactions, it’s evident that investor confidence in the city is not just holding steady—it’s growing stronger.
Upper Dwarka Expressway: Gurugram’s Fastest-Growing Commercial Magnet
It’s impossible to talk about Gurugram’s transformation without spotlighting Dwarka Expressway. This 27.6-km corridor has become the beating heart of the city’s real estate narrative. No longer just a residential zone, it now stands as a dynamic commercial address, thanks to its seamless link between Delhi and Gurugram, its proximity to IGI Airport, and its inclusion in upcoming infrastructure like the Delhi-Mumbai Expressway and the Diplomatic Enclave-II.
The data reflects this transition. Property values along Dwarka Expressway have skyrocketed by 58% YoY—the sharpest growth among India’s top metros (CREDAI-Colliers-Liases Foras Report). The corridor has also emerged as a leading destination for FDI and NRI commercial investment, particularly in mixed-use projects that promise long-term value.
One standout along this belt is Aarize The Tessoro, an uber-luxury retail destination in Sector 114. With exceptional frontage along the Upper Dwarka Expressway, this development is ideally positioned to draw high footfall and long-term brand interest. Its strategic location—within a 10-minute drive of IGI Airport, Yashobhoomi Convention Centre, and the upcoming Diplomatic Enclave-II—makes it an address of high visibility and immense commercial potential. Aarize The Tessoro isn't just a mall—it's a statement of what next-gen uber-luxury retail should look like.
Southern Peripheral Road: The Rising Connector
The Southern Peripheral Road (SPR) is fast gaining prominence as a commercial corridor, thanks to its critical role in linking Golf Course Extension Road, Sohna Road, and NH-8. This well-connected stretch is witnessing a wave of new office and retail developments, appealing to both established companies and emerging ventures looking for location advantage at relatively lower costs. Its future looks promising as infrastructure upgrades and residential density continues to grow.
Also in the mix is South Drive, Aarize’s SCO (shop-cum-office) project, which caters to entrepreneurs and brands looking to establish a presence in a freehold, flexible-use format close to this thriving corridor.
Golf Course Extension Road: Where Luxury and Business Converge
This micro-market continues to impress with its elegant balance of high-end living and Grade-A commercial infrastructure. Linked seamlessly to Golf Course Road, Sohna Road, and NH-8, this corridor is home to iconic commercial towers, global F&B brands, and elite coworking hubs. For companies looking to establish both prestige and performance, this area offers the ideal blend.
With a consistent influx of top real estate companies and new commercial projects in Gurugram taking shape here, Golf Course Extension remains one of the most sought-after addresses in North India.
Sohna Road: Opportunity at the Edge
Sohna Road has shed its ‘periphery’ tag to become a self-sufficient urban centre. It boasts malls, hospitality chains, corporate towers, and a steadily growing residential catchment. Connected via the SPR and NH-248A, its appeal lies in affordability without compromise on location. A growing number of upcoming commercial projects here point to its steady rise as a value-oriented business district.
Udyog Vihar & Cyber City: The Established Core
No conversation around commercial real estate India hotspots is complete without Udyog Vihar and Cyber City. These legacy zones continue to attract both Fortune 500 companies and next-gen tech startups due to their proximity to NH-8, metro access, and robust social infrastructure. They also anchor Gurugram’s reputation as a global business hub.
Sector 32 & 44: The Mid-Segment Momentum Builders
Located just off the NH-8 and well-connected to Huda City Centre, these sectors are emerging as mid-segment powerhouses. With a blend of commercial buildings, retail plazas, and access to residential catchments, they provide fertile ground for businesses looking to scale efficiently without the overheads of more premium zones.
New Gurgaon: The Next Frontier
Positioned between Gurugram and Manesar, New Gurgaon is rapidly transforming into a major commercial and residential hub. With sectors like 76–95 under active development, it offers large-scale, master-planned growth potential. Excellent connectivity via Dwarka Expressway, NH-8, and the KMP Expressway, along with competitive pricing, is drawing interest from investors, corporates, and developers alike. It's a future-ready zone that's steadily coming into its own.
Conclusion: Gurugram is Leading the Commercial Charge
With India’s commercial real estate market poised to touch USD 253.32 billion by 2033 (IMARC), Gurugram is clearly pulling ahead of the curve. From the upscale ecosystem of Golf Course Extension Road to the meteoric rise of Upper Dwarka Expressway, and from the efficiency of Sohna Road to the strategic depth of Cyber City and Udyog Vihar—the city presents a commercial landscape defined by diversity, dynamism, and future readiness.
As new commercial projects in Gurugram continue to reshape its skyline, and top real estate companies strengthen their presence, the city stands not just as a participant in India’s commercial real estate growth—but as its frontrunner.