CNN Central News & Network–ITDC India Epress/ITDC News Bhopal: The Southern Peripheral Road (SPR) in Gurugram is rapidly transforming into one of the most coveted real estate destinations in the National Capital Region (NCR). Spanning 16 kilometres, SPR has become the newest hotspot for both investors and homebuyers, drawn by its unparalleled connectivity, luxurious living options, and promising future prospects.
One of the most compelling reasons for SPR’s rise as a real estate hub is its unmatched connectivity. This 90-meter-wide road serves as a critical artery linking various key destinations within Gurgaon and beyond. According to the India Real Estate Report by Knight Frank, SPR connects Gurgaon’s prime sectors with South Delhi through MG Road, Faridabad Highway, and the elevated road between Dwarka and Sohna expressways. This strategic connectivity ensures smooth traffic flow and easy access to major routes like the Golf Course Road, Golf Course Extension Road, and NH-8.
Moreover, SPR’s connection to NH-8 facilitates direct access to Jaipur, while its proximity to the Sohna Road enhances connectivity to the Delhi-Mumbai Industrial Corridor. Additionally, the corridor provides seamless access to the Indira Gandhi International Airport, making it an ideal choice for frequent travellers and businesses seeking well-connected locations. The integration of metro stations, particularly from the Millennium City metro station to Gurgaon sectors 71 and 72, further enhances public transportation options, reducing reliance on private vehicles and mitigating traffic congestion.
Luxurious Living Spaces: Catering to Discerning Homebuyers
SPR’s real estate landscape is marked by a surge in luxury residential projects, catering to the growing demand for premium living spaces. According to the Cushman & Wakefield Q1 2024 Report, the corridor witnessed the launch of 3,614 new units in the first quarter of 2024, with the luxury segment commanding a remarkable 61% market share. This surge underscores the region’s appeal among discerning homebuyers seeking quality and convenience.
Proximity to sectors like 68, 69, 70, 70A, 71, 72, 73, 74, 74A, 75, 75A and 76 has further fuelled SPR’s attractiveness. Esteemed developers such as DLF, Signature Global, Whiteland Corporation, and Aarize Group have played a pivotal role in transforming SPR into a hub of luxurious residential and commercial excellence.
Robust Infrastructure Development: Shaping the Urban Landscape
The robust infrastructure development along SPR is another key factor driving its real estate boom. The road’s strategic planning and development have created a well-rounded urban ecosystem that enhances liveability and productivity. Wide, well-maintained roads, state-of-the-art amenities, and ample green spaces contribute to SPR’s appeal as a modern urban corridor.
