Restaurant space

Restaurant Space for rent in Gurgaon +91-9873498205

Posted on Posted in Retail Space Delhi-NCR

An Introduction to Food Industry

The food industry, which is currently valued at US$ 39.71 billion! is expected to grow at a Compounded Annual Growth Rate of 11 % to US$65.4 billion by 2018. Food and grocery account for around 31 percent of India’s consumption basket. there is an increase in Restaurant space for rent in Gurgaon or in India.

Accounting for about 32 percent of the country’s total food market, The Government of India has been instrumental in the growth and development of the food processing industry.

The Indian food and grocery market is the world’s sixth largest, with retail contributing 70 percent of the sales. Food has also been one of the largest segments in India’s retail sector, which was valued at US$ 490 billion in 2013@. The Indian food retail market is expected to reach Rs 61 lakh crore (US$ 894.98 billion) by 2020.

Best Locations for restaurants space for rent in Gurgaon

1, Golf Course Road Gurgaon

Golf course road is one of the most demanding locations for restaurant space in Gurgaon and the credit goes to its proximity to high-density residential Apartments, Villas, Floors and Kothis and Corporate Towers. Having a restaurant is the necessity for the people living nearby and that’s why so many restaurant chains have operated since the inception of Location and nowadays there isn’t a single location or project on golf course road which doesn’t have restaurant space.

Most of the commercial malls having a separate floor dedicated to the food court and Restaurant spaces On golf course road Gurgaon.

Rental Trends for restaurant space on Golf course  road Gurgaon
Area Available 3000 – 9000 sqft
Furnished120-150 Psf
Unfurnished80 psf -95 psf
Maintenance cost16 -18 psf
GSTExtra

 

2, Golf course extension road

Golf course extension road is the developing location and is being seen as the next Golf course road of coming time. Golf course extension road is having Premium residential and commercial projects by, Emaar, M3M, AIPL, Capital, ADANI, Brahma, Pioneer, BPTP etc which will give a boost to the infrastructure of this area.

Rental Trends for restaurant space on Golf course  road Gurgaon
Area Available 3000 – 9000 sqft
Furnished1oo-120 Psf
Unfurnished70 psf -80 psf
Maintenance cost16 -18 psf
GSTExtra

3, Sector 29 Gurgaon

Sector 29 is the famous place for dining and wining and this location is cluttered with restaurant spaces, Bars, and Hotels and the location advantage of sector 29 ( close proximity to NH-8, Metro station, Golf course road) gives it a thumbs up for opening up restaurant space here. This location is known as the hub of Restaurant space and a large number of brands are already operational here.

Rental Trends for restaurant space on Golf course  road Gurgaon
Area Available 3000 – 9000 sqft
Furnished120*-150* Psf
Unfurnished80 psf -95 psf
Maintenance cost6 -8 psf
GSTExtra

4, MG Road

5, NH-8

General Rental trends for restaurants in Gurgaon

  • Furnished

  • Unfurnished

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