The established office and industrial belt on the Delhi edge, an income and conversion play more than a residential one.
Sectors 18 to 20 on the Old Gurgaon / NH-48 corridor — valued for office leasing income and conversion potential rather than residential supply, with city office capital values rising about 11.8 percent in the latest read.
Udyog Vihar is the established office and industrial belt across Sectors 18 to 20 on the Delhi edge, filed under the Old Gurgaon / NH-48 corridor in the ZYN33 workbook. It is a commercial pocket — valued for leasing income and conversion potential rather than residential supply.
Boundary note: the master workbook files Udyog Vihar as Sectors 18, 19, and 20, characterised as a commercial belt. Residential buyers should look to the Old Gurgaon Core or adjoining sectors; this pocket does not carry meaningful residential supply.
The buyer here is a commercial or income investor, not a homebuyer. The thesis is office leasing yield and proximity to Delhi and Cyber City, with redevelopment and conversion optionality over time.
Udyog Vihar suits a buyer who understands commercial absorption, is comfortable underwriting leasing risk, and sees the Delhi-edge location and NH-48 access as the core value proposition. This is an income and conversion play — not a capital-growth-led residential entry.
Typical ticket sizes and deal structures here sit in the commercial range. City office capital values rose about 11.8 percent in the latest Square Yards read, which confirms the underlying absorption context for leasing-led underwriting.
Residential rates do not apply here. This is a commercial and industrial belt — all pricing references are office and industrial asset benchmarks, not residential psf figures.
Project pricing and registration status must be verified via hrera.org.in prior to transaction execution.
Lead sectors compared on stock character and handover picture. No residential psf or YoY figures apply — all three sectors are commercial and industrial in nature.
| Lead Sector | 2026 Rate | Basis | YoY | Inventory and Handover |
|---|---|---|---|---|
| Sector 18 | Industrial — no residential rate | Indicative | n/a | Office and industrial units, Delhi-edge |
| Sector 19 | Industrial — no residential rate | Indicative | n/a | Mixed commercial, strong leasing |
| Sector 20 | Industrial — no residential rate | Indicative | n/a | Established office stock |
Three Udyog Vihar phases, each with its own office and industrial character. Project-level data sits at the phase pages below.
Office & Industrial Units · Delhi-edge location
Mixed Commercial · Strong Leasing Activity
Established Office Stock
Civic and transit infrastructure supporting the belt's long-term commercial liveability. Active construction items are noted separately from planned catalysts — present these to investors accordingly.
The belt runs on NH-48 and the Old Delhi-Gurgaon Road, giving direct access to Delhi and the airport. This road connectivity is Udyog Vihar's primary infrastructure asset and the basis for its leasing demand.
The new Gurgaon metro line (Millennium City Centre to Cyber City) will bring dedicated stations into the core for the first time, with stations forthcoming at Sectors 4, 5, 7, 9, 45, and 47 and at Palam Vihar. The Yellow Line and Rapid Metro are nearby today.
A Phase 2 metro extension and a GISBT bus terminus are planned. Present these to investors as forward upside on top of an already-functional road and metro-adjacent base, not as current infrastructure.
Real-world travel times across primary employment nodes and regional transit hubs. This is one of Gurugram's best-connected commercial belts for Delhi-edge access today, with dedicated metro stations incoming.
NH-48 gives a direct run to Delhi and the airport. Cyber City sits minutes away.
The Yellow Line and Rapid Metro are nearby today. The new Gurgaon metro line (Millennium City Centre to Cyber City) will bring dedicated stations into the core at Sectors 4, 5, 7, 9, 45, and 47 and at Palam Vihar. Anything not yet operational is presented to investors as proposed.
Udyog Vihar is an office and industrial belt. Named project data for this pocket sits at the phase level in the ZYN33 workbook — see the individual phase pages for the full asset list. City office capital values rose about 11.8 percent in the latest read, underpinning leasing demand across the belt.
The stock here is commercial rather than residential. Project-level data including developer names, lease structures, and current vacancy rates sits at the phase pages (Phases 1, 4, and 5) rather than at this micromarket level. Navigate to the relevant phase page for asset-specific detail.
City office capital values rose about 11.8 percent in the latest Square Yards read. This underpins the leasing absorption case and supports the 12 to 18 month firm view on office demand across the belt.
Residential rates do not apply here. Commercial pricing is assessed at the asset and tenancy level rather than by corridor-wide psf bands.
City office capital values rose about 11.8 percent in the latest Square Yards read, which supports leasing demand across the belt. The 12 to 18 month view is firm on office absorption, consistent with Udyog Vihar's Delhi-edge position and its proximity to both Cyber City and the NH-48 corridor.
Confirm asset-level pricing, tenancy structures, and vacancy rates before underwriting any transaction. Residential psf benchmarks are not applicable and should not be used as comparable references here.
This is an indicative band compiled from public listing panels and the ZYN33 workbook for 2026. It is not a quotation. Verify project pricing and registration at hrera.org.in before you commit.
Udyog Vihar is a commercial and income play — office leasing on the Delhi edge, with conversion optionality over time and dedicated metro stations incoming.
You want office leasing income on the Delhi edge with strong absorption, supported by city office capital values rising about 11.8 percent.
You are positioning for conversion or redevelopment optionality over time, with the new Gurgaon metro line bringing dedicated stations into the core.
You want residential stock. This is a commercial and industrial belt — residential buyers should look to the Old Gurgaon Core or adjoining sectors.
You need a stabilised single-tenant asset rather than a leasing play — confirm tenancy structures and vacancy at the asset level before committing.
It is a commercial and industrial belt across Sectors 18 to 20. The play is office leasing and conversion, not housing.
Office leasing income on the Delhi edge, supported by city office capital values rising about 11.8 percent in the latest read, with conversion and redevelopment optionality as a longer-range thesis.
Delhi-edge access via NH-48 with the Yellow Line and Rapid Metro nearby today and Cyber City minutes away. The new Gurgaon metro line will bring dedicated stations into the core at Sectors 4, 5, 7, 9, 45, and 47 and at Palam Vihar.
Minimal. Residential buyers should look to the Old Gurgaon Core or adjoining sectors rather than Udyog Vihar itself.
Office yields are typically higher than residential; confirm asset-level numbers and tenancy before committing. Verify project pricing and registration at hrera.org.in.
For an office leasing or conversion play on the Delhi edge, ZYN33 can guide you through the Udyog Vihar commercial options and source the right asset for your target yield and hold window.