While trophy homes dominate headlines about Gurugram’s real estate landscape, the steady expansion of its office stock to nearly 100 million sq. ft. by the end of 2025 has largely escaped notice.

Rewind to the 1970s, Maruti Suzuki established its manufacturing facility in this peaceful agricultural village. DLF Limited, a real estate behemoth, was the first to recognise the untapped potential of this remote settlement near Delhi (formerly known as Gurgaon). The company acquired large land parcels, setting the stage for Gurugram’s transformation into a magnet for corporate giants. Early office construction in Udyog Vihar, National Highway 8 (NH-8), and Sohna Road triggered a mini construction boom as developers like Unitech, Vatika Group, and Vipul Limited joined the bandwagon. General Electric was one of the first major American companies to arrive in Gurugram, with several domestic and global enterprises following thereafter. Renowned automobiles, airline, and FMCG companies have since established operations here. DLF Corporate Park, DLF Plaza Tower and DLF Gateway Tower emerged as prime assets in the 1990s, becoming early emblems that defined Gurugram’s skyline. Simultaneously, occupiers providing outsourcing solutions in software, IT services and call centres began scouting for offices, just as the dotcom bubble was about to burst.

Figure 1: Gurugram’s Grade A office stock nears 100 million sq. ft. mark by the end of 2025