Gurgaon, renowned for its rapid urbanization and robust infrastructure, has emerged as a pivotal player in India’s real estate sector. Among its thriving micro-markets, the Southern Peripheral Road (SPR) stands out as a beacon of luxury and investment potential, attracting homebuyers and investors alike seeking prime real estate opportunities amidst the upcoming projects in Gurgaon.
Emergence of SPR as a Prime Real Estate Destination
The Southern Peripheral Road has undergone a remarkable transformation, evolving from a mere connecting corridor into a vibrant residential and commercial hub. Spanning 16 kms across sectors 68 to 75A, SPR offers an array of residential projects with premium amenities and strategic connectivity. Its proximity to major business hubs, excellent links to Sohna Road, NH-48, and Golf Course Extension Road, and easy access to the Indira Gandhi International Airport underscore its appeal.
Rising Demand and Property Prices
Recent years have seen a significant uptick in property prices on SPR, making it one of Gurgaon’s fastest-growing real estate markets. According to the ‘India Market Monitor Q4 2023’ report, new launch projects in Gurgaon have surged by 45%, driven by increasing demand in the luxury segment. Notably, SPR has witnessed an impressive 78.3% rise in property rates over the past five years, reflecting its popularity among investors and homebuyers seeking high returns.
Infrastructural Developments and Connectivity
Beyond residential appeal, SPR is a hub for critical infrastructural development. A proposed metro line linking Sector 55/56 to Vatika Chowk promises enhanced intra-city connectivity and reduced commute times. The Delhi-Alwar Regional Rapid Transit System and the Manesar Mass Rapid Transit System (MRTS) are also set to bolster connectivity, reinforcing SPR’s attractiveness for both residential and commercial property in Gurgaon.
Impact of Prominent Developers
Leading developers such as Signature Global have played a pivotal role in driving demand and prices on SPR. Their innovative residential and commercial projects in Gurgaon have set new benchmarks in luxury living and sustainability. Let’s have a look at them:
Signature Global DE-Luxe DXP, an IGBC Gold Pre-Certified Project, is more than a stunning architectural masterpiece; it has beautiful modern amenities. Located in Sector 37D, on the Dwarka Expressway, the project offers its residents a lifestyle along with excellent connectivity to Delhi-NCR and Gurgaon. DE-Luxe DXP is a residential sanctuary with over 40 top-notch premium facilities for ultimate luxury, including two 80,000 sq. ft. clubhouses and seven swimming pools, two of which are heated. Catering to the growing demand for new projects in Gurgaon, especially near Dwarka Expressway due to outstanding connectivity and infrastructure developments. Comprising 8 towers ranging from 25 to 40 floors, the project offers a range of breathtaking views from expansive deck balconies of 3.5 BHK & 4.5 BHK apartments in Gurgaon for a refreshing living experience. The project also features 16 exclusive penthouses with double height living areas and private terraces with Jacuzzis. It boasts excellent connectivity and proximity to essential services, making it a highly sought-after address. As the brand is dedicated to creating sustainable and environmentally friendly green homes, the project also boasts Miyawaki Forest, a meticulously planned feature to help control carbon emissions as part of its dedication to green living.
Signature Global Titanium SPR is amongst the top projects that have launched and got everyone talking. This premium high-rise project situated in Sector 71, Gurugram offers luxury apartments in Gurgaon. Signature Global Titanium SPR redefines opulent living by featuring 608 uber-luxurious condominiums, including ultra luxury 3.5& 4.5bhk flats in Gurgaon, each designed with a Singaporean flair. Each tower soars 40 floors high and offers over 55+ top-notch amenities, including seven lagoon pools, a top-tier club, multiple sports courts, pet gardens, outdoor gyms, senior citizen lounges, jogging tracks, and more. Furthermore, 91% of the area is dedicated to green and open spaces, designed with a biophilic approach to promote well-being and a strong connection to nature. Imagine waking up to stunning views and serene sky gardens in every tower. The project also ensures unparalleled security with a 5-tier system, subterranean parking, grand triple-height entrance lobbies, private elevators, and expansive decks—every detail meticulously designed for its residents’ utmost comfort.
Signature Global’s SCO 88A: These SCO plots in Gurgaon provide exceptional business prospects with strategically located plots that enable entrepreneurs to tailor their retail spaces to exact business requirements. Situated near the sought-after Dwarka Expressway, this project offers excellent connectivity and accessibility, optimizing business efficiency. Signature Global’s SCO Plots in Sector 88A come equipped with contemporary amenities and infrastructure, fostering a dynamic environment for businesses to flourish in Gurgaon’s vibrant sector.
Future Prospects and Investment Potential
Looking ahead, SPR continues to promise robust growth and investment potential. Its strategic location, ongoing infrastructural advancements, and presence of reputable developers make it an attractive destination for residential and commercial investments alike. Mixed-use developments like Global City, integrating workspaces, retail spaces, and social infrastructure, further enhance SPR’s appeal as a self-sustaining urban center.