Introduction
Gurgaon’s commercial real estate market hit a historic milestone with AIPL Masterpiece, a top-tier office project on Golf Course Road, clinching a record-breaking rental deal of ₹200 per sq.ft. This achievement solidifies its role as a key player in corporate Hellerism in Delhi-NCR. It highlights the increasing demand for high-quality, strategically located office spaces in India’s premier business hub, attracting multinational corporations and institutional investors.
Project Overview
AIPL Masterpiece covers 314,000 sq.ft across G+11 floors, blending contemporary design with functionality. It features 245,000 sq.ft of leasable office space and grand triple-height entrance lobbies. The development offers flexible floor plates with private terrace options, catering to diverse corporate needs while ensuring elite connectivity.
Strategic Location Advantages
Golf Course Road is Gurgaon’s most sought-after business address, and AIPL Masterpiece capitalizes on this prime location:
- Proximity To Essential Infrastructure:
- Rapid Metro Sector 54 (right next door)
- DoubleTree by Hilton Hotel (2.9 km)
- South Point Mall (0.5 km)
- Connectivity:
- 10.8 km to Delhi-Gurgaon Expressway
- 16.8 km to Indira Gandhi International Airport
- Hospital Access:
- Paras Hospital (1.8 km)
- Max Hospital (4.4 km)
This accessibility ensures seamless integration into Gurgaon’s broader business ecosystem.
Sustainability Leadership
The project holds IGBC Platinum Certification, showcasing AIPL’s dedication to eco-friendly design. Energy-efficient systems and green building practices align with global sustainability standards, making it a preferred destination for environmentally conscious corporations.
Tenants and Occupancy
AIPL Masterpiece has already attracted notable tenants:
- Perfetti (36,000 sq.ft leased)
- Samman Capital (16,500 sq.ft leased) The ₹200/sq.ft deal underscores the pent-up demand for premium spaces. The property’s occupancy rate is expected to rise as vacancy rates tighten in Gurgaon.
Future Expansion Plans
AIPL plans to expand its rental portfolio to 5 million sq.ft by 2025, with upcoming projects like AIPL Statement and AIPL Autograph (3.5 million sq.ft combined) nearing completion. This aggressive growth strategy positions AIPL as a key player in redefining India’s commercial real estate landscape.
Why Gurgaon’s Office Market Thrives
- Corporate Concentration: Presence of Fortune 500 companies and startups
- Infrastructure Development: Upcoming new Metro lines and highway enhance connectivity
- Retail-Hospitality Integration: Proximity to luxury residential complexes like Camellias and Magnolias
- Rental Price Surge: Rising demand for Grade-A spaces keeps occupancy high The ₹200/sq.ft rate at AIPL Masterpiece now serves as a benchmark, signaling upward pressure on rentals across prime Gurgaon micro-markets.