{"id":9708,"date":"2026-06-11T14:10:40","date_gmt":"2026-06-11T08:40:40","guid":{"rendered":"https:\/\/tradebrains.in\/money\/?p=9708"},"modified":"2026-06-11T14:10:45","modified_gmt":"2026-06-11T08:40:45","slug":"google-leases-6-2-lakh-sq-ft-worth-671-crore-in-gurugram-is-the-city-emerging-as-indias-leading-tech-hub","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/money\/google-leases-6-2-lakh-sq-ft-worth-671-crore-in-gurugram-is-the-city-emerging-as-indias-leading-tech-hub\/","title":{"rendered":"Google Leases 6.2 Lakh Sq. Ft. Worth \u20b9671 Crore in Gurugram: Is the City Emerging as India’s Leading Tech Hub?"},"content":{"rendered":"\n
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Synopsis:<\/strong> Google’s 617,000 sq. ft. office lease further highlights Gurugram’s rise as a top corporate and tech hub. The city is making steady strides and becoming India’s cyber city with the expansion of the MNCs, infrastructure and the increasing demand for real estate. This article will cover Google\u2019s new lease and the cyber growth of Gurugram.\u00a0<\/em><\/p>\n<\/blockquote>\n\n\n\n

With a growing number of international firms setting up their bases in Gurugram, the city has emerged as one of the most significant business hubs in India. The city has a modern infrastructure, high quality office spaces and strategic connectivity that have helped it become a desirable location for multinational companies. Google’s recent mega office lease deal is another sign of the growing confidence of the corporates in Gurugram and its rise as the top cyber city of India.<\/p>

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Google’s Mega Lease <\/strong><\/h2>\n\n\n\n
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  • Google India has leased around 617,000 sq. ft.<\/strong> of office space at DLF Atrium Place Tower 1, Gurugram<\/strong> with total rental deal of \u20b9671 Cr<\/strong> over five years<\/li>\n\n\n\n
  • The lease is spread across two office towers and is one of the biggest office leasing deals in India in recent years.<\/li>\n\n\n\n
  • Under the agreement, Google will pay a monthly rent of around\u00a0\u20b910.55 crore<\/strong> at a lease rate of\u00a0\u20b9171 psf<\/strong>. The company has also deposited\u00a0\u20b963.65 crore<\/strong> as security. The lease includes a 15%<\/strong> rent escalation every three years, the documents registered in April 2026 showed.<\/li>\n\n\n\n
  • The leased square footage is approximately 617,000 sq. ft., which is the space occupied by virtually 14 acres <\/strong>of constructed office space.<\/li>\n\n\n\n
  • The deal underscores the ongoing momentum of demand for Grade-A offices<\/strong>, which have been registering robust occupancies in top business districts of Gurugram.<\/li>\n\n\n\n
  • These major investments can also have a multiplier effect, increasing the demand for local homes, shopping, restaurant and hotel properties, and infrastructure.<\/li>\n<\/ul>\n\n\n\n

    How Gurugram turned into India’s Cyber City<\/strong><\/h2>\n\n\n\n

    In the last 20 years, Gurugram has evolved from the suburb of Delhi to one of the leading hubs for businesses in India. The city offers millions of square feet of grade-A office space <\/strong>and a variety of companies drawn to the city by its technology, consulting, finance, e-commerce, and professional services industries. Being close to Delhi, Indira Gandhi International Airport and the major highways is making it a prime choice for businesses having national and international operations.<\/p>\n\n\n\n

    The growth of Cyber City, the Cyber Hub, Golf Course Road and recently Southern Peripheral Road (SPR) has formed a robust commercial hub. Gurugram has always been in the top five office markets in India with Bengaluru, Hyderabad, Mumbai and Pune. It has become the business hub of the NCR due to the presence of a large pool of skilled manpower, modern infrastructure and quality commercial buildings. With the expansion of the presence of multinationals in India, Gurugram is now considered as the “Cyber City” of the nation outside of Bengaluru.<\/p>