The Southern Peripheral Road (SPR) has quickly become the region’s main hub for development and real estate activity. The 16-kilometer stretch from Golf Course Road to Vatika Chowk is seeing new luxury homes and businesses. The area benefits from strong infrastructure and convenient links nearby.
Unprecedented Real Estate Growth
So far this year, SPR has seen new real estate projects worth ₹50,000 crore and it is expecting another ₹50,000 crore in projects by 2025. It highlights how SPR is fast becoming a top area for investment in Gurugram’s real estate market.
Infrastructure and Connectivity The Backbone of SPR’s Appeal
Being in SPR means easy access to many main roads, including NH-8, Sohna Road, Golf Course Extension Road, and the upcoming Dwarka Expressway. The connection to Indira Gandhi International Airport adds more appeal for both local residents and companies.
New metro and rapid transit projects will strengthen SPR’s connectivity. These include routes from Millennium City to Sectors 71 and 72, and from Sector 56 to Golf Course Extension Road.
Luxury Residential Developments Meeting the Demand
The luxury housing segment dominates SPR’s real estate landscape, accounting for 61% of new unit launches in Q1 2024. Esteemed developers such as DLF, Signature Global, Whiteland Corporation, and Aarize Group have introduced premium projects, including DLF Privana in Sector 76 and Whiteland’s The Aspen in Sector 76, catering to the growing demand for upscale living.
Commercial and Retail Expansion
SPR is not just a residential hub; it’s rapidly evolving into a commercial and retail hotspot. The Gurgaon-Manesar Masterplan designates sectors 71 and 73 for commercial development, attracting institutional investments and fostering economic growth. Projects like Urban Cubes 71 exemplify the corridor’s potential as a vibrant business district.
Sustainable Urban Development
Developers along SPR are embracing eco-friendly construction practices. They are incorporating energy-efficient technologies, green spaces, and sustainable materials. Moreover, initiatives such as rainwater harvesting, efficient waste management systems, and green transportation solutions clearly show a strong commitment to environmental stewardship. These efforts also promote long-term ecological balance.
Investment Potential and Future Outlook
Property prices along SPR have risen significantly. Some areas have witnessed up to a 78.3% increase over the past five years. The corridor’s strategic location, robust infrastructure, and premium developments make it a lucrative investment opportunity in the National Capital Region.
The Southern Peripheral Road is at the forefront of Gurugram’s real estate transformation. It offers a compelling mix of luxury living, commercial opportunities, and sustainable development. As infrastructure projects progress and demand rises, SPR is set to become the region’s most active and desirable micro-market.
Frequently Asked Questions
Why is the Southern Peripheral Road becoming a real estate hotspot in Gurgaon?
The Southern Peripheral Road offers excellent connectivity, planned infrastructure, and proximity to key business and residential areas, making it highly attractive for property investors and homebuyers.
Which areas along the Southern Peripheral Road are seeing the highest real estate growth?
Sectors near Golf Course Extension, Dwarka Expressway, and areas close to commercial hubs are witnessing significant growth due to increased accessibility and infrastructure development.
How is the road connectivity influencing property prices along the Southern Peripheral Road?
Improved connectivity reduces commute times, enhances accessibility, and attracts businesses, which in turn drives demand and increases property values in nearby areas.
What types of properties are popular along the Southern Peripheral Road?
Luxury apartments, gated communities, and plotted developments are in high demand. Farmhouses and mixed-use commercial spaces are also gaining popularity because of their lifestyle conveniences and strong investment potential.
Are developers offering new projects along this corridor?
Yes, many reputed developers are launching residential and commercial projects with modern amenities and sustainable designs to capitalize on the area’s growing demand.
Is investing in property along the Southern Peripheral Road a safe option?
Yes, investing in properties near established infrastructure and government-approved projects reduces risks, provided investors conduct due diligence and verify legal documentation.
How does the Southern Peripheral Road connect Gurgaon to other major hubs?
The road links Gurgaon with major expressways, Delhi, and nearby cities, facilitating easier access to employment centers, airports, educational institutions, and healthcare facilities.
Can first-time buyers and investors afford properties along the Southern Peripheral Road?
Yes, while luxury projects are prominent, there are also affordable housing schemes and plotted developments that cater to diverse budgets and investment goals.
Where can buyers find reliable information on properties along the Southern Peripheral Road?
Buyers can access verified listings on real estate websites, consult RERA-certified developers, check government portals for approvals, and seek advice from local property experts.
