Concentrix strikes 5-year lease for 1.6 lakh sq ft office space in Gurugram at Rs 1.53 crore per month rent

By Bricksnwall | 2026-05-06

Gurugram real estate: Concentrix Daksh Services India Private Limited has rented 1.6 lakh sq ft of office space at a monthly fee of ₹1.53 crore on a 5-year term 

Propstack has discovered records that reveal Concentrix Daksh Services India Private Limited has rented 1.6 lakh sq ft of office space in Gurugram at a monthly fee of ₹1.53 crore for a five-year term. 

The company has taken six floors in Sector 32 in chargeable area of 1.61 lakh sq ft. The lease begun on February 4, 2026, at a rate of ₹95 per sq ft per month, with the total monthly outgo amounting to ₹1.53 crore. The documents reveal that the pact has a security deposit of ₹6.12 crore and a rent escalation clause of 15% every three years.

The documents say the landlord would also give 173 parking spaces on a right-to-use basis at no extra expense as part of the transaction. 

An email has been sent to Concentrix Daksh Services India Pvt Ltd . If we receive a response we’ll update the copy.

The commitment of Concentrix Daksh to 1.6 lakh sq ft of office space in Sector 32 in Gurugram is strong for the commercial real estate market. “Although AI-powered automation is growing fast, this expansion by a global customer experience leader highlights the fact that physical infrastructure is still a mechanical necessity for scaling sophisticated operations,” said Raja Seetharaman, co-founder Propstack 

An email has been sent to Concentrix Daksh Services India Pvt Ltd . If we hear back, we will update the copy.

Concentrix Daksh’s pledge of 1.6 lakh sq ft of office space in Gurugram’s Sector 32 is a powerful statement for the commercial real estate industry. “AI-powered automation is growing at a fast pace, but this expansion by a global leader in customer experience highlights that physical infrastructure is still a mechanical necessity for scaling sophisticated operations,” said Raja Seetharaman, co-founder of Propstack. 

The software giant had rented out space on floors 7-12 of Tower 4 in Intellion Park in Sector 59. The paperwork revealed that the lease was signed with Mikado Realtors Private Limited, a Tata Group Company (Tata Realty and Infrastructure Ltd) as the landlord.

The 2,30,378 sq ft chargeable area was leased at a monthly fee of ₹1.25 crore at ₹54.5 per sq ft per month, with the lease commencing on September 22, 2025. 

Co-working space operator TableSpace Technologies Pvt Ltd had earlier in the year leased 1.45 lakh sq ft of commercial space in Gurugram for five years at a beginning monthly rent of ₹2.85 crore, according to property registration documents seen by Propstack.

Media reports last year said US tech company Google inked one of the largest office lease transactions of 2025, taking roughly 617,000 sq ft at Atrium Place in Gurugram. The project is a reflection of the company’s growing presence in India’s office real estate sector, say DLF and Hines, the joint developers of the complex. 

Source: Hindustan Times