The Southern Peripheral Road (SPR) has in a short period become the region’s main venue for developments and real estate activity. The 16-kilometer stretch from Golf Course Road to Vatika Chowk is where luxury homes and businesses are now being built, with 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 there are many accessible main roads, including NH-8, Sohna Road, Golf Course Extension Road and the Dwarka Expressway which is coming soon. The link to the Indira Gandhi International Airport gives the area more appeal to everyone, including both local residents and companies.
New metro and rapid transit projects such as those going from Millennium City to sectors 71 and 72 and from Sector 56 to Golf Course Extension Road, will strengthen SPR’s connectivity.
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, incorporating energy-efficient technologies, green spaces, and sustainable materials. Initiatives such as rainwater harvesting, waste management systems, and green transportation solutions reflect a commitment to environmental stewardship.
Investment Potential and Future Outlook
Property prices along SPR have experienced significant appreciation, with some areas witnessing up to a 78.3% increase over the past five years. The corridor’s blend of strategic location, robust infrastructure, and premium developments positions it as a lucrative investment opportunity in the National Capital Region.
The Southern Peripheral Road stands at the forefront of Gurugram’s real estate transformation, offering a compelling mix of luxury living, commercial opportunities, and sustainable development. As infrastructure projects progress and demand continues to rise, SPR is poised to solidify its status as the region’s most active and desirable micro-market.
