The much-anticipated 3.4km master road linking Naurangpur Road to the Southern Peripheral Road (SPR) through sectors 77, 78, and 79 is nearing completion. Once finalized, this master road will offer a vital link from Naurangpur village to the SPR, benefiting approximately 10,000 residents across half a dozen residential societies in the sectors it traverses.
While significant progress has been achieved, a few segments, including a 700m stretch near a hillock and a 20m section near Shikohpur Chowk, remain to be finished. Nonetheless, asphalt laying is underway on the remaining portion, with a deadline set for May 2024.
SPR: A Game-Changer for Gurgaon’s Real Estate
The Southern Peripheral Road (SPR) is poised to revolutionize Gurgaon’s real estate landscape. This infrastructural milestone promises enhanced connectivity and accessibility, paving the way for extensive residential and commercial developments. Of particular significance is the SPR’s strategic connectivity with other major road networks like the Dwarka Expressway (Northern Peripheral Road) and National Highway 48 (NH48). This integration will bolster accessibility to key areas like Delhi and various parts of Gurgaon.
The imminent conclusion of the 3.4km master road, linking Naurangpur Road to SPR through sectors 77, 78, and 79, signals a monumental improvement in connectivity. This enhancement is expected to drive substantial demand for real estate developments along the SPR corridor. With the targeted completion date of May 2024 for this segment of the SPR, Gurgaon’s real estate sector anticipates a surge in activity and investment opportunities. Developers and investors are gearing up for the potential growth and appreciation in property values along the SPR route.
In response to this transformative infrastructure, renowned developers like Signature Global are strategically expanding their projects along the SPR. These developments not only contribute to improved connectivity but also offer residents seamless access to major highways and amenities. The SPR corridor is poised for rapid development, attracting investments and catalyzing regional growth. Prospective homebuyers and investors can expect a range of residential and commercial offerings, coupled with enhanced lifestyle amenities and increased property values.
As the SPR project nears its culmination, Gurgaon’s real estate sector braces for a new era of connectivity, development opportunities, and heightened demand, marking a significant milestone in the city’s urban evolution.