Delhi-NCR has 5 distinct Class A submarkets we track, anchored by Cyber City Gurugram at the trophy tier.
Delhi-NCR has 5 distinct Class A submarkets we track, anchored by Cyber City Gurugram at the trophy tier.
**Cyber City Gurugram** (trophy, ~₹145/sqft/mo · ≈ $20.9 PSF/yr USD) — Trophy IT park complex. **Golf Course Road & Extension** (trophy, ~₹155/sqft/mo · ≈ $22.3 PSF/yr USD) — Premium trophy axis. **Noida Sector 132 / Expressway** (prime, ~₹110/sqft/mo · ≈ $15.8 PSF/yr USD) — Tech and back-office expansion. **Connaught Place / Lutyens Delhi** (trophy, ~₹220/sqft/mo · ≈ $31.7 PSF/yr USD) — Government and boutique HQ core. **Aerocity (Airport Corridor)** (prime, ~₹130/sqft/mo · ≈ $18.7 PSF/yr USD) — Trophy hospitality and HQ corridor.
| city | Delhi-NCR |
|---|---|
| country | India |
| region | APAC |
| classARentLocal | 130 INR/sqft/yr |
| classARentUsd | $2/sqft/yr |
| vacancy | 12.6% |
| typicalLeaseYears | 9 |
| typicalRentFreeMonths | 6 |
| submarkets | 5 |
| primeYieldPct | 8.2% |
| trophyCount | 3 |
| primeCount | 2 |
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.