Zomato Leases 2.7 Lakh Sq Ft Office in Gurugram

Zomato Leases 2.7 Lakh Sq Ft Office Space in Gurugram at ₹2.3 Crore Monthly Rent

Zomato has made a significant step forward in supporting both the domestic Indian technology industry and the startup scene by signing a lease for 280,000+ square feet of commercial office space in Gurugram.

According to Propstack, all seven floors (total of approximately 278,249 square feet) of the new office at Intellion Park (TRIL IT City), located in Gurugram’s Sector 59, will be occupied by Zomato’s parent company Eternal Ltd.

For this space, the monthly rental payment will be ₹2.33 crores, equal to a monthly rental rate of ₹84 per sq. ft. The landlord involved in this transaction is Mikado Realtors Pvt. Ltd.

The ground floor and the fourth, fifth, sixth, seventh, eighth, and ninth floors will constitute the leased property. The start date of the lease was October 2025, with a total lease period of 4 years and 11 months and a 15% increase in rent due to an escalation after three years.

The lease will include a 3 year lock-in agreement that prevents both Zomato and the landlord from ending the lease early, as well as placing the company in possession of the office space prior to beginning rental payments.

Additionally, as part of the leasing contract, The company has already put down a six-month security deposit on the office space and has also received a six month and 14 day rent-free period to set up the office prior to starting monthly rent.

The transaction includes 371 car parking slots, calculated at one space per 750 sq. ft of office area. Industry experts interpret this activity as a strong indicator of continued demand in the Noida Office Market due to Global Capability Centres (GCC’s) leading the growth of this market.

According to Raja Seetharaman, co-founder of Propstack, “Zomato’s 270,000 square foot lease at Intellion Park is a major step forward for the NCR office market.

Many of the recent office leases have been made by GCC’s; now we are seeing homegrown players like Zomato to invest in large amounts of office space is great for the Indian technology ecosystem. In regard to Gurugram, specifically Golf Course Road, this proves that this area continues to be a top-tier corridor for talent and corporate headquarters.”

Zomato’s office space leasing agreement in Gurugram follows Zomato’s previous real estate deal for a 553,000 square foot fulfilment centre in Bhiwandi, Thane District (close to Mumbai) through its B2B division Zomato Hyper-pure, which leased the facility for an estimated ₹1.7 crores/month, representing continued growth in Corporate and Logistics infrastructure for Zomato. Queries have been sent to Zomato and Mikado Realtors and will be updated once responses are received.