Investment banking occupiers in Delhi-NCR typically cluster in Cyber City Gurugram, plan ~215 sqft per seat at trophy fit-out ($6100–9000/sqft), and pay around 130 INR/sqft ($19 USD) on Class A.
Investment banking occupiers in Delhi-NCR typically cluster in Cyber City Gurugram, plan ~215 sqft per seat at trophy fit-out">fit-out ($6100–9000/sqft), and pay around 130 INR/sqft ($19 USD) on Class A.
Investment banking occupiers in Delhi-NCR typically anchor in Cyber City Gurugram. Tech, GCCs, BFSI, consulting, professional services.
Class A rent in Delhi-NCR runs 130 INR/sqft ($19 USD) on a 9-year lease with 6 months free. Trophy submarkets command a 20–40% premium above the city index.
Typical investment banking fit-out targets trophy specification at $6100–9000/sqft. Bespoke design, signature feature, top-tier MEP and acoustic packages are standard.
Plan around 215 sqft per seat blended (workstation + circulation + amenity). A 100-headcount banking office in Delhi-NCR typically targets 21,500 sqft of leasable area.
Bulge-bracket teams favor signature trophy assets with full client-facing programming and large floor plates. Deepest BFSI, consulting, and government affairs talent in India. Strong feed from IIT Delhi, Delhi University, JNU, and IIM Lucknow. English-fluent professional base.
Headline corporate tax: 25.17%. Net leases. 9-year terms with 3-year lock-ins. Free rent of 4-9 months and TI of INR 1,500-3,000/sqft typical.
| city | Delhi-NCR |
|---|---|
| industry | Investment banking |
| naics | 523150, 522110 |
| preferredSubmarket | Cyber City Gurugram |
| preferredFitoutSpec | Trophy |
| fitoutBand | $6100–9000/sqft |
| sqftPerSeat | 215 |
| classARentLocal | 130 INR/sqft/yr |
| classARentUsd | $19/sqft/yr |
| vacancyPct | 12.6% |
| typicalLeaseYears | 9 |
| typicalRentFreeMonths | 6 |
| talentIndex | 84 |
| corporateTaxPct | 25.17% |
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.